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Socium doubles down on Francophone Africa after $5M seed round
Socium plans to continue narrowing its focus on Francophone region, where it is enjoying first-mover advantage.
Socium has since 2021 built HR solutions that target users within the 21 countries of Francophone Africa and plans to continue narrowing its focus on the region, where it is enjoying first-mover advantage. To date, the Socium says it has over 100 active clients, cutting across 10 industries and 15 countries, and becomes one of the few HR techs in Africa that have raised funding in recent times. WorkPay, a Kenyan startup that is said to be serving more than 1,000 customers across 20 African countries, recently closed a $5 million Series A round led by Visa.
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