Paynas

Paynas is a Cairo-based cloud HR and payroll platform, founded in 2018, aimed at small and medium-sized businesses in Egypt. It lets employers manage payroll processing, attendance and leave tracking, onboarding and recruitment, and employee documents from a single dashboard, and issues Visa-powered payroll cards (in partnership with a local bank) along with employee financial benefits such as discounted health insurance. Its site lists companies such as OLX and RiseUp among its client base. In August 2022, Paynas was acquired by valU, an Egyptian buy-now-pay-later fintech, in a move described as merging HR/payroll services with valU's financial products; the paynas.com platform continues to operate and market its HR/payroll services under its own brand post-acquisition.