Fundraising Fox

Payd

9 known investors

Find your way into Payd

26 people in our graph share verified history with the Payd team — schools, employers, funds. One of them is your warm intro.

Kevin Irunguunlockedknows Benaiah Wepundi · together at Moringa School (overlapped)
×3knows the team · via Microsoft for Startups
×3knows the team · via University of the People
knows the team · via I&M Bank Ltd
knows the team · via Shamiri
knows the team · via Moringa School

Payd offers a cross-border payments platform for freelancers, agencies, and businesses paying global contractors, providing fast money transfers, multi-currency accounts, and invoicing tools with reduced fees. It focuses on the global workforce, with emphasis on markets in Africa such as Kenya and Nigeria.

Creator EconomyFintechSaaS

Founders & leadership

BWBenaiah Wepundi
Benaiah WepundiinFounder & Chief MaverickBenaiah Wepundi founded Payd, a cross-border payments platform that grew to over $3 million in monthly transaction volume and 20,000 monthly active users across 35+ countries, serving freelancers, agencies, and businesses. He has also worked on creator monetization platforms and AI-powered tools across fintech, product strategy, and emerging market growth.
DMDiana Mongina
Diana MonginainDirector of Happiness (COO)Diana Mongina is Director of Happiness (COO) at Payd, a cross-border payments platform serving freelancers and businesses with global contractors. She has background in software engineering and has delivered websites and mobile applications.
JAJapheth Achimba
Japheth AchimbainDirector of Chaos (Growth & CX)Japheth Achimba is Director of Growth & Customer Experience at Payd, a cross-border payments platform serving freelancers and businesses in Africa. He has experience in content management and software development.
VOVincent Omondi
Vincent OmondiinLead Architect (CTO)

Investors · 9

Nairobi Business Angel Network
1982 VenturesreportedSingapore · $1.2M – $8.5M
A2D Venturesreported · 2 sourcesSingapore · $3K – $3.9M
AngelSparkreported · 2 sourcesDubai · $100K – $4M
AntlerreportedSingapore · $3M – $10M
Orbit Startupsreported · 2 sourcesSingapore · $75M – $125M
The Hive Southeast AsiareportedKuala Lumpur · $120K – $1.2M

Also in the syndicate · 2

Delight CapitalIFS Capitallead

Funding

SEC filings, press & company announcements

$2.1M disclosed across 2 rounds · 2022–2025

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Malaysia: Fintech firm Payd raises US$400K to offer earned wage accesssea.peoplemattersglobal.com · Feb 2025Payd Raises RM1.8 Million Funding to Help Workers Access Their Wages Early - Fintech News Malaysiafintechnews.my · Feb 2025Payd Secures USD 400,000 Seed Extension Funding to Transform Employee Financial Well-Being in Southeast Asia | Financial ITfinancialit.net · Feb 2025Payd, Financial Wellbeing Platform, Raises USD 1.7 Million in Seed Funding Led By IFS Capital - PR Newswire APACen.prnasia.com · Apr 2022Payd Raises RM 7.5 Million In Seed Funding Led By IFS Capital - BusinessTodaybusinesstoday.com.my · Apr 2022Financial wellbeing platform Payd raises $1.7m seed funding - AsiaTechDaily - Asia's Leading Tech and Startup Media Platformasiatechdaily.com · Apr 2022

Frequently asked questions

What does Payd do?
Payd offers a cross-border payments platform for freelancers, agencies, and businesses paying global contractors, providing fast money transfers, multi-currency accounts, and invoicing tools with reduced fees. It focuses on the global workforce, with emphasis on markets in Africa such as Kenya and Nigeria.
Who founded Payd?
Payd was founded by Benaiah Wepundi.
Who are Payd's investors?
Payd's investors include Nairobi Business Angel Network, 1982 Ventures, A2D Ventures, AngelSpark, Antler, Orbit Startups, The Hive Southeast Asia.
How much funding has Payd raised?
Payd has disclosed $2.1M raised across 2 rounds.