Dopay
Latest round
- Series A
Last raised
- Sep 2021
Total raised
- $22M
Investors
- 8
About Dopay
Dopay LLC, founded in 2014 and headquartered in Cairo, Egypt, specializes in cashless payroll solutions. The company was founded by Frans Van Eersel, who has a history of entrepreneurial ventures.5 million.Dopay offers a cashless payroll solution that streamlines payment processes for businesses and enhances the financial experience for employees. Their primary offerings include the dopay business platform, enabling companies to manage payroll for employees and contractors using existing bank accounts without needing new setups. Each team member can have a dopay account linked to a card, allowing cashless transactions and ATM withdrawals. This service targets small and medium enterprises (SMEs) and larger organizations across various sectors, focusing on markets that need efficient payroll solutions.80. The company's revenue model is based on transaction fees associated with their payroll services and card transactions, allowing businesses to make bulk payments to employees or individual transfers at any time, including weekends and holidays. Dopay plans to launch new products aimed at enhancing their service offerings and is focusing on expanding into new markets and geographic regions, although specific details about the targeted markets have not been disclosed.
Who invested in Dopay
8 investors across 4 rounds
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Questions about Dopay
Who invested in Dopay?
Dopay has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Dopay raised?
Dopay has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Dopay last raise money?
Dopay's most recent round on record is a Series A, in Sep 2021.
What does Dopay do?
Dopay LLC, founded in 2014 and headquartered in Cairo, Egypt, specializes in cashless payroll solutions.
Where is Dopay headquartered?
Dopay is headquartered in Cairo, Egypt.
Which VCs invest in companies like Dopay?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Dopay's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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