ICLG: African Fintech Concludes USD 4 Million Series A Round
February 22, 2022
O’Melveny & Myers LLP provided legal advice to Earnipay on its US$4 million Series Seed Preferred Financing. Headquartered in Lagos, Earnipay leverages “technology to provide access to salary already earned in advance of payday, sometimes defined as an earned wage access (EWA) service, and also offers financial education.” The transaction was announced on February 17, 2022. The O’Melveny team was led by M&A partners Brian Covotta and Warren Lazarow.
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