Eazipay Inc.
Eazipay Inc., formerly Myeazipay Technology Services Limited, is a fintech company based in Lagos, Nigeria, specializing in payroll payment solutions across Africa.
History of Eazipay Inc.
Eazipay Inc., formerly known as Myeazipay Technology Services Limited, was established to provide fintech solutions within the payments sub-industry. The company is located in Lagos, LA, Nigeria, and has been part of the Y-Combinator W22 batch. In its nascent stage, Eazipay Inc. grew rapidly from serving 10 businesses in January to over 200, generating over $5,000 in monthly recurring revenue (MRR).
Services Offered by Eazipay Inc.
Eazipay Inc. offers a streamlined payroll payment solution designed to cater to the specific needs of businesses in Africa. With a promise of simplicity, the company's payroll payment solution can be executed in just five minutes. Eazipay processes eight different types of payroll payments, including Taxes, Pension, and Insurances, utilizing a single-click system. Additionally, Eazipay provides Payroll APIs for neobanks and commercial banks, aiming to extend its reach to at least 50,000 businesses.
Fintech Industry: Eazipay's Position
Operating within the fintech industry's payments sector, Eazipay Inc. has established a niche for itself by focusing on payroll services. Described as the 'Gusto for Africa,' Eazipay owns its payment infrastructure, which allows it to offer efficient and reliable service. The company's innovative approach to payroll processing positions it advantageously within the rapidly evolving fintech landscape.
Eazipay Inc.'s Geographical Reach
Eazipay Inc. serves a broad geographical region that includes Nigeria and various parts of Africa. The company offers both remote and partly remote services, making it accessible to a wide range of businesses spanning different locales. This extensive reach signifies Eazipay's commitment to expanding its market presence within and beyond its headquarters in Lagos, LA, Nigeria.
Team and Company Structure at Eazipay Inc.
Eazipay Inc. operates with a small team size of 8 members. As a growing fintech company, the compact team structure allows for agile decision-making and rapid implementation of strategies. Being in the early stage of business, the manageable team size enables Eazipay to maintain a focused approach towards achieving their goals and scaling their services.