Connect with us

StartUPs

PayDay raises $100K funding; to bridge talent & opportunity gap In Africa

Published

on

PayDay

A lot of people say “Africa is the future”, however, there are a handful of people doing the work required to ensure that Africa is not left behind.

Favour Ori is a young entrepreneur working tirelessly with his team at TalentMatch to ensure accessibility of employment in technology on the African continent, with its flagship product, PayDay.

Ori and his team are currently rolling out PayDay, which they believe is the fastest and most efficient way for technology talent and creatives throughout the African continent to receive payments from their global or foreign clients within minutes, all on their mobile phones or personal computers.

PayDay is a product by TalentMatch, with team members including Dr Rex Idaminabo (co-founder), Chidi Nwaogu (co-founder), and many other competent African talents. Together, they are working to facilitate cross-border payments in Africa.

TalentMatch has raised over $100K in funding; $50K+ in pre-seed funding  and $50K from angel investors. Though, TalentMatch, which will be joining a Canadian accelerator and will be setting up its headquarters there, is still seeking to raise a seed round of $1M in the following months.

You can join PayDay’s increasing waitlist to be notified when the product goes live.

But Who’s Favour Ori?

Favour Ori is a software engineer and entrepreneur, who is keen on building and shipping innovative products geared toward simplifying, automating, and generally improving lives in Africa.

Favour Ori, PayDay

Favour Ori

In 2016, Favour relocated to the United States to study Computer and Information Sciences at Southern Arkansas University. Since then, he has worked with the likes of Turing, GO, ABiTNetwork, CultureBase PBC, Saint Louis University, and Oklahoma State University.

ALSO READ  uLesson raises $7.5m Series A round for African expansion

Favour has spoken at several international conferences like the NCHC Conference in Atlanta, the United Nations Youth Assembly in New York, the YCBS Conference in Atlanta, and 1MillionCups in Tulsa.

In 2018, prior to founding TalentMatch, he launched an IBM-backed non-profit called FavCode54, which aimed at empowering Africans and helping them launch their tech careers.

IBM provided resources valued at $90M to enable beneficiaries of FavCode54 to learn and deploy real-world cloud products.

Boredom during the quarantine period of the coronavirus pandemic (2020) inspired Favour to build a talent matching platform promising to help experienced software developers land foreign gigs.

He partnered with companies & organizations like Irembo Gov, Quorum Control GmbH, SmartSeal, ABiTNetwork, etc., to help fill out their roles.

On a random morning, Japa Internship was launched with an estimated enrollment of 3000 Africans (same day).

Interns chose their tracks, got paired with mentors, learned & built out amazing products & received certificates of completion.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Facebook