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Why We Invested In Fixa

Updated: Dec 23, 2024

Higa Capital is on a mission to drive impactful change by backing innovative, early-stage ventures that have the potential to transform Africa’s economic landscape. Fixa embodies this vision by addressing one of the continent's most pressing challenges: the formalization of the informal workforce (availing benefits of a formal workforce such as insurance and social security benefits to the informal workforce). With 86% of Africa’s workforce operating in informal sectors, Fixa’s platform provides an elegant, scalable solution to empower businesses and workers alike through technology and financial services.


Fixa's approach is rooted in a deep understanding of local challenges. The platform is uniquely designed to bridge the gap between informal and formal economies by offering an all-in-one HRMS tailored for temporary workers. This includes features such as attendance management, payroll processing, and embedded financial services like salary advances. These innovations not only help businesses optimize their workforce management but also provide informal workers with credible career identities and access to essential financial services—fostering economic stability and social inclusion.


We were particularly impressed by the strength of Fixa's leadership team and their clear vision for the future. Founders Jansen Durham and Tafara Makaza bring a rare combination of strategic insight, technical expertise, and a passion for empowering Africa’s youth. We are excited to join Fixa on their journey to redefine the future of work in Africa.

 

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