Moroccan startup PayTic has raised $4 million to expand into Africa, aiming to tap into the continent’s growing digital payments market. The company simplifies back-end processes like chargebacks for banks and card issuers and is well-positioned to leverage Africa’s rising internet penetration and financial inclusion rates.
PayTic, a Moroccan fintech startup, has raised $4 million to expand its payment automation solutions into North and Sub-Saharan Africa. The funding will support the company’s mission to streamline payment processes for card issuers, including reconciliation and chargeback management, tapping into Africa’s growing digital payments market.
SeamlessHR, a Nigerian HR tech company, has raised $9 million in a Series-A extension round from the Gates Foundation and Helios Digital Ventures. The funds will support the company’s expansion across Africa and potential acquisitions. This brings the total funding raised by SeamlessHR to about $25 million.
