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dopay
AddedFeb 19, 2024
UpdatedJun 18, 2026
dopay

dopay

Series A

Instant prepaid card issuer, streamlining payroll with cashless Mastercard solutions.

HQ
Cairo, Cairo Governorate, EG
Founded
2014
Accelerator
Techstars logoTechstars: London Barclays2014
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to revolutionize payroll management, dopay aims to eliminate cash from payroll systems by offering instant prepaid card solutions. The company provides businesses with the ability to open accounts for employees or beneficiaries in seconds and issue Mastercard-powered prepaid cards. This service streamlines payroll processes, making them swift, hassle-free, and entirely cashless. Dopay's market focus includes businesses looking to modernize their payroll systems and improve financial inclusion for their workforce.

Notable figures associated with dopay include key investors and partners who support its innovative approach to payroll management. The company has achieved significant milestones, such as rapid account setup and fast delivery of prepaid cards, enhancing operational efficiency for businesses. Dopay's impact is evident in its ability to provide a smart, cutting-edge solution that simplifies payroll, benefiting both employers and employees by ensuring timely and secure payments.

dopay - Quick Facts

When was dopay founded?

dopay was founded in 2014.

Where is dopay's headquarters located?

dopay's headquarters is located in Cairo, Cairo Governorate, EG.

When was dopay's last funding round?

dopay's most recent funding round was for $18M (USD) in September 2021.

How much has dopay raised to-date?

As of Sep 15, 2021, dopay has raised a total of $23.5M (USD).

How many employees does dopay have?

dopay has 175 employees as of Feb 4, 2024.

dopay - Classification

Ownership
  • Private
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Transactional
Main Product
  • Payroll
  • Prepaid Cards
Tags
  • API
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice