WorkPay has raised US$2.1-million from investors led by Kepple Africa Ventures

WorkPay has raised US$2.1-million from a consortium of investors led by Kepple Africa Ventures. WorkPay is a Kenyan cloud-based human resources management and payroll solution for small and medium enterprises that improves the management and efficiency of the payroll of employees. The startup already processes payrolls of more than 25,000 employees in Kenya and has more than 300 small and medium enterprises on its platform. The funding raised will further expand its reach in Kenya.

Kepple Africa Ventures is a Japanese venture capital investor that was established by Takahiro Kanzaki, Satoshi Shinada and Ryosuke Yamawaki. The firm is based in Kenya and Nigeria and has invested in several startups such as Sendy, Bamboo, Life Stores Pharmacy, Talamus, Ajua, Boya and Decagon among many others. The participating investors in the investment round are Y Combinator, Soma Capital, Musha Ventures and P1 Ventures. The stake acquired was undisclosed.

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