HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors participated in the round. The angel investors who participated in Payday’s seed round are Dare Okoudjou, Founder and CEO of MFS Africa and Tola Onayemi, CEO of Norebase. In addition, existing investors, Techstars, Angels Touch, Ingressive Capital & Now Venture Partners, made follow-on investments in this round.