Pade Processes ₦11 Billion in Salaries in 2023 After Securing Flutterwave as a Key Client

Pade Processes ₦11 Billion in Salaries in 2023 After Securing Flutterwave as a Key Client

#fintech
#employment
#startup
#payments
#HR-Payroll
Discover how Pade, a HR management startup, made waves by paying ₦11 billion in salaries for over 6,500 employees in 2023. With significant growth driven by key clients like Flutterwave, Pade's innovative solutions and plans for employee empowerment position it for continued success in 2024 and expansion into the East African market. 💼💸🚀

Pade, a HR management startup, made headlines by processing a staggering ₦11 billion ($12 million) in salaries for its clients in 2023, reflecting a 41.1% increase from the previous year. With over 100 businesses on its platform and 6,500 employees, Pade's average salary per employee stands at ₦240,000, surpassing Nigeria's minimum wage by eight times. The startup's growth surged after securing Flutterwave as a key client, opening doors to other major players in the market. Pade's innovative payroll solutions and plans for employee empowerment position it for continued success, with a targeted revenue of $1 million in 2024 and expansion into the East African market on the horizon. 💼💸🚀 


#HRtech #StartupSuccess #EmployeeEmpowerment #PadeSuccess #HRtechInnovation #EmployeePayroll


Read more on TechCabal

Top comments(0)

SEND
Home
Stories
Community
Podcasts