Across Africa, payroll remains one of business operations’ most outdated, error-prone, and misunderstood business operations. While startups have emerged with bold claims and aggressive PR, few have delivered lasting value at scale.
But Eazipay, a YC-backed startup based in Nigeria, is taking a different path, one built on focused execution, technical depth, and an unshakable focus on trust.
Eazipay, now serving over 15,000 businesses, is emerging as the backbone of payroll infrastructure, without any noise.
The Hidden Crisis Behind Payroll in Nigeria
Payroll in Nigeria and much of Africa is not just a back-office task; it’s a critical structural problem. Despite over 10 million workers in Nigeria’s formal sector, most businesses still process payroll manually. That means recurring errors, late salary payments, unremitted taxes, and mounting compliance risks.
The challenges go beyond inefficiency. They reflect systemic fragmentation, evolving government regulations, and limited access to reliable tools, especially for SMEs.
This environment has created a trust gap. Employers often fail to meet statutory obligations, and employees lose confidence in systems meant to protect their wages, pensions, and taxes. For many businesses, payroll is a source of anxiety and legal exposure, not empowerment.
Asher, Eazipay’s CEO, puts it plainly: “The payroll crisis in Africa is more urgent than most people realize. While it’s easy to point to compliance and technical inefficiencies, the issue runs deeper, culturally and structurally.
However, the potential is enormous. Payroll connects financial mobility, access to credit, and long-term stability for employees. That’s where Eazipay comes in, delivering compliance and control for employers, while unlocking speed, trust, and financial access for employees.
The opportunity is massive with over 100 million workers across Africa and an estimated $200 billion in annual payroll volume. This isn’t just software; it’s the financial infrastructure for a more empowered, credit-ready workforce.”
Building for Trust, Compliance, and Speed
Eazipay was built to challenge the notion that payroll software is just a basic tool you log into once a month. At its core, Eazipay simplifies and automates payroll, taxes, pensions, and vendor payments with a single, integrated workflow. What takes other systems hours, weeks, or even months, Eazipay executes in under five minutes.
More importantly, the system is designed for reliability. Payments, statutory remittances, and receipts are processed and delivered promptly and accurately. This precision isn’t a feature; it’s a standard.
In a space where fraud and errors are often hidden, Eazipay has built-in safeguards that flag discrepancies, enforce accountability, and reduce risk. Businesses not only pay accurately, but they also gain visibility and control.
From 50 Customers to 15,000: Quiet Growth, Real Impact
Eazipay’s growth has been deliberate and discipline-driven. Instead of chasing attention, the team prioritized value delivery. In the early days, every new feature was built from direct customer insight, not competitor comparison. That clarity of focus helped the company grow from its first 50 customers to 15,000+ in less than three years.
Its customer base spans sectors and even borders, from early-stage startups to established enterprises. Some of its earliest adopters came from outside Nigeria, proving the product’s applicability beyond one market.
Fayokemi, VP, Partnerships & Operations, reflects on that journey: “From the start, our vision was massive, but our philosophy was clear: build and test. We were testing so many hypotheses in a complex, deeply nuanced, and constantly shifting market.
Chasing hype didn’t make sense when we hadn’t finished proving the value. Our most significant advantage has always been focus; we’ve always known exactly what to say no to and protected that discipline.”
What the Future Holds: Payroll as Infrastructure
For Eazipay, payroll is just the beginning. The company sees it as a gateway to something much bigger: financial infrastructure for businesses and employees.
After all, payroll touches everything: compliance, creditworthiness, employee benefits, vendor liquidity, and even cross-border operations. In the near future, the distinctions between payroll, lending, and financial planning will become increasingly blurred. The companies that will lead that future are those building with precision today.
At the heart of Eazipay’s long-term strategy is trust, the most valuable currency in an AI-driven, automation-heavy world. As more digital tools emerge, businesses will choose partners not just based on features but also on who they trust with their money, people, and data.
Eazipay wants to be that platform. This platform caters to businesses that pay five employees. And for those paying 5,000.
Africa Needs Better Payroll. Eazipay Is Delivering It.
By removing the noise and delivering on the fundamentals: compliance, speed, accuracy, and trust, Eazipay is quietly establishing itself as the payroll platform of record for modern African businesses.
For further inquiries or additional information, please contact us through any of the following channels:
Website: http://www.myeazipay.com
Email: Cx@myeazipay.net
Telephone: 0700 033 2947
