SmartWage
OperatingSmartWage is making HR & Communications easier for everyone.
- Total raised
- $2.3M
- disclosed
- Last round
- $2M
- Seed
- Rounds
- 3
- since 2020
- Investors
- 5
- on record
- Employees
- 11-50
About SmartWage
SmartWage is built around the idea that everyone should be able to access their earnings on demand, get their payslips when they need them and feel included in the workplace. To that end, we plan to empower millions of people in Africa to become digitally included. We’re on a mission to drive digital inclusion across workplaces in Africa and disrupt traditional payday lending. Our current offering is 10x cheaper than all other payday loan solutions on the market and we're only getting started. What we’re doing has never been done before. As a team, we’ll work to solve hard problems and take ownership of what needs to be delivered.
SmartWage funding3 rounds
All 3 rounds →SmartWage has raised $2.3M across 3 disclosed rounds. The latest is a $2M Seed announced 31 Mar 2022.
- $347KAngelAngel, $347K, $347K raised to date
- $2MSeedSeed, $2M, $2.3M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in SmartWage
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 31 Mar 2022 | SmartWage Seed | Penrose Capital +3 | $2M |
| 01 Jan 2021 | SmartWage Funding Round | LoftyInc Capital Management | Not disclosed |
| 26 Jun 2020 | SmartWage Angel | Chris Lister-James | $347K |
SmartWage founders & team
- Simon EllisCofounder & CEO
- Brendan ArdaghCTO
SmartWage competitorssame sector · similar funding
- Smart wageCape Town, South Africa
- JahaziiNairobi, Kenya
More Information Technology & Services startups in South Africa
- Ratality
Ratality is redefining mobility as a service in South Africa · South Africa
- Ecommerce Cloud Solutions
We provide e-commerce solutions & exceptional customer service to help small businesses succeed in the digital marketplace. · South Africa
- The Other Bhengu (Pty) Ltd t/a The Geek
The Other Bhengu (PTY) Ltd, better known as "The Geek" specializes in software solutions development. · South Africa
- Entersekt
Entersekt is a single authentication hub allowing consumers to transact securely and easily on any digital channel, from any device. · South Africa
- Cape AI
Cape AI helps businesses grow by enabling them to make smart decisions through the use of AI technology. · South Africa
- Port443
Port443 specialises in providing Security Orchestration, Automation and Remediation (SOAR) "as a service". · South Africa
All 13 Information Technology & Services startups in South Africa
Frequently asked about SmartWage
- Where is SmartWage based and when was it founded?
- SmartWage is headquartered in Cape Town, South Africa and was founded in 2020.
- Who founded SmartWage?
- SmartWage was founded by Simon Ellis (Cofounder & CEO).
- Who is the CEO of SmartWage?
- Simon Ellis is SmartWage's Cofounder & CEO.
- How much funding has SmartWage raised?
- SmartWage has raised $2.3M across 3 disclosed rounds. Its latest, a $2M Seed, was announced on Mar 31, 2022.
- Who has invested in SmartWage?
- Backers include Penrose Capital, LoftyInc Capital Management, Idris Ayodeji Bello, Creator Collective Capital and 1 other.
- What sector is SmartWage in?
- SmartWage operates in Information Technology & Services, SaaS and HR.
