SprintX, a US-based Venture Capitalist (VC) for early-stage entrepreneurs, has invested an undisclosed sum in Kenyan HR startup FaidiHR.
Following the funding, the firm rebranded from Crew HR &Payroll.
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FaidiHR, which provides digital human resource solutions to African businesses, stated that the investment would be used to develop their business in East Africa, with plans to enter Uganda, Tanzania, and the Democratic Republic of the Congo.
The company provides an all-in-one cloud platform that enables African Small and Medium Enterprises (SMEs) to automate their HR procedures.
The platform is available through the internet and aids in the automation of payroll, vacation time, employee data, duties, inventory, training, and appraisal charges, among other things.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh