O’Melveny Advises Earnipay in Series Seed Preferred Financing
February 17, 2022
FOR IMMEDIATE RELEASE
SILICON VALLEY—February 17, 2022—O’Melveny represented Earnipay, a fintech company that provides flexible and on-demand salary access to income-earners in Africa, in a US$4 million Series Seed Preferred Financing led by early-stage venture capital firm Canaan.
The transaction was announced on February 17.
Additional investors include XYZ Ventures, Village Global, Musha Ventures, Voltron Capital, and Ventures Platform.
Headquartered in Nigeria, Earnipay promotes the financial health and wellbeing of employees in Africa by providing them with financial tools to make better financial decisions and achieve financial freedom.
The O’Melveny team advising Earnipay was led by M&A partners Brian Covotta and Warren T. Lazarow.
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