Companies

Eazipay Inc.

myeazipay.com

Eazipay automates African businesses’ payroll, salary payments, tax remittances, and workforce compliance through software and APIs.

HQLagos, Not applicable (non-US headquarters), Nigeria
Employees1-50
Jobs checked 22h ago
FintechNot AIB2B SaaSSeed

About

Eazipay builds payroll and payment-automation software for Nigerian businesses, fintechs, platforms, employees, and gig workers. Its differentiation is rapid, integrated payroll processing that combines salary payments, tax deductions, statutory compliance, APIs, early wage access, and financial-wellness tools.

Market

Eazipay competes in Nigeria’s HRTech, payroll SaaS, fintech, and broader African payroll/payment-automation market. It positions itself as a simple, locally compliant payroll platform that combines salary payments, statutory remittances, employee management, and financial-access products; its differentiation is the integration of Nigerian PAYE and pension workflows, official receipts, a business-facing API, and employee financial tools rather than only general HR administration.

Target Customers

Eazipay primarily serves Nigerian businesses, from growing SMEs to large organizations with complex payroll, compliance, and workforce-management needs. Its API also targets fintechs and other platforms that want to embed payroll processing, while HR, finance, payroll, and business-operations leaders are the likely buyers.

At a Glance

Problem

Eazipay addresses the fragmented, error-prone work of paying employees and meeting payroll-tax obligations in Nigeria. Businesses must calculate and disburse salaries accurately and on time while also handling PAYE, pensions, NHF, and NSITF remittances. The pain is both operational and financial: mistakes or delays undermine employee trust, while late statutory payments can create fines and late fees.

Its central use case is the recurring payroll cycle for Nigerian SMEs and other employers, especially when cash arrives after salaries are due. Eazipay identifies gaps such as invoices outstanding for 60 days, seasonal revenue dips, or contracts stuck in approval, and positions payroll financing as a way to prevent a temporary liquidity problem from becoming a missed payday.

Product / Service

Eazipay is a payroll, HR, tax-compliance, and payments-automation platform delivered through a unified dashboard, with payroll-expert support for users who lack payroll experience. It runs payroll in minutes, supports one-click salary payments to multiple employees, records payroll history and reports, generates official tax receipts, files PAYE before the 10th, and automates pension, NHF, and NSITF remittances. Its payroll API also lets businesses, fintechs, and other platforms embed payroll processing into their own systems.

The platform extends beyond employer administration into employee and business finance. Workers can receive earlier access to earnings and financial-wellness tools, while businesses can access enterprise payroll loans designed around temporary cash-flow pressure. The benefit is a single workflow that reduces manual processing and compliance risk while helping employers pay reliably and employees receive their income on time.

Market

Eazipay competes in African payroll software, HR and payroll management, payment automation, and adjacent fintech services for financial access. Its primary positioning is in Nigeria, with an stated ambition to spread across Africa, and it serves businesses ranging from growing SMEs to larger organizations with more complex payroll and compliance needs. Identified competitors include Nearpays, WorkPay, and dopay; the broader comparison set also includes Kappa, Rex Africa, and Lipabiz.

The company shows meaningful operating traction rather than appearing pre-launch: YC reports that Eazipay serves more than 10,000 businesses, including many YC companies, and identifies it as an active Lagos-based company founded in 2021 and part of Winter 2022. The available evidence does not disclose revenue or monetization figures, so the clearest traction indicators are its customer count, active product offering, and commercial customer references rather than a reported revenue scale.

Founders & Leadership

Asher AdeniyiFounder
Co-Founder & CEO
Efosa UwoghirenFounder
Co-Founder
Kingsley MichaelFounder
Co-Founder

Funding History

2022-01
Seed / Pre-Seed$500K

Y Combinator

Recent News

2026-07-22funding
Eazipay - Valuation, Funding & Investors

PitchBook reports that Eazipay has raised $500,000 and identifies Ajim Capital, FoundersX Ventures, and Y Combinator among its investors. This is funding-profile coverage rather than a clearly dated new-round announcement.

2026-07-16
Payroll Data Management for HR Professionals

Eazipay published guidance for HR professionals on payroll data management, focusing on accuracy, compliance, reporting, and data security.

2026-05-18
Eazipay Empowers 150,000 SMEs and Employees with Payroll Covers, Zero Interest Loans, Tax Relief & More

A StartupList profile highlights Eazipay’s reported effort to support 150,000 SMEs and employees through payroll covers, zero-interest loans, tax relief, and related offerings.

2026-04-20product
Best Payroll Software in Nigeria for Businesses

Eazipay’s blog describes its payroll offering for Nigerian businesses, including payroll processing, tax filing, regulatory compliance, pension administration, lending, and recruitment capabilities.

Active Roles

0

No active roles right now.

Get notified when they post

Business Model

Eazipay offers its core business payroll product free, while monetization appears to be supplemented by payroll and enterprise loans, HR-store products, annual PAYE filing, and related services. The retrieved evidence does not disclose exact subscription, transaction, or commission fees.

Products

Payroll automation and salary disbursementPAYE, pension, NHF, and NSITF tax/compliance remittanceEmployee and staff management, including onboarding and payroll recordsPIT calculation, payment, and official receipt generationPayroll API for businesses, fintechs, and platformsEmployee financial access, including early wage access, salary advances, financial-wellness tools, and business loans

Customers

Holyfield Private SchoolChuvie Decor

Tech Stack

Cloud-based payroll/HR SaaSPayroll and tax API integration layerAPI-key authenticationWeb dashboardAutomated payroll and statutory-remittance workflows

Competitors

Workpay
PaidHR
SeamlessHR
Earnipay
Cadana
Bento
dopay
Nearpays