South African payments startup NjiaPay has raised $2.1 million in seed funding to expand its platform that helps businesses manage multiple payment providers through a single system.
Newion Partners, a European software-as-a-service investor, led the round. The company announced the funding on Monday, saying it will use the capital to expand engineering and commercial teams, strengthen integrations, and accelerate growth across Africa.
NjiaPay operates as a coordination layer between merchants and their payment service providers. Instead of businesses integrating with five or six different payment systems separately, they connect to NjiaPay once, and the platform routes transactions to whichever provider performs best at that moment.
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