To make payments easier for African businesses, SA’s NjiaPay raised $1 M

An oversubscribed US $1 million pre-seed funding round has been closed by NjiaPay, a payments-as-a-service provider based in South Africa that helps African businesses with their payment challenges.

NjiaPay, a spin-off from Talk360, the international calling app for the African diaspora, was introduced in late 2024. It solves both operational and technical issues while streamlining payment management for African businesses.

HAVAÍC led its US $1 million pre-seed funding round, and several well-known angel investors, including the founders of Anyfin, Banxware, and Maxidrive, participated.

“We are thrilled to have secured this funding, which will enable us to scale our team, both in Amsterdam and Cape Town, and further enhance our platform’s capabilities,” said Jonatan Allback, co-founder and CEO of NjiaPay.

“Our mission is to empower African businesses by simplifying the complexities of payments. By becoming their in-house payments experts, we enable them to focus on growth while we manage the operational and technical intricacies of their payments processing.”

HAVAÍC partner Rob Heath expressed his excitement about the organization’s dedication to empowering African businesses.

“We have observed firsthand the challenges faced by our portfolio companies in managing payments across the African continent. The need to integrate with multiple PSPs can significantly impede their product development timelines. Streamlining payment operations is crucial for the growth of the African digital economy, and we believe that NjiaPay is well-positioned to address this critical need,” he said.