Dopay, a leading fintech firm specializing in digital payroll solutions and one of our valued tenants in The GrEEK Campus Downtown, has successfully secured $13.5 million in a Series A extension round, adding to its previous $18 million funding. This latest investment, spearheaded by Argentem Creek Partners with contributions from existing backers, is set to significantly boost Dopay’s growth trajectory.
The infusion of capital will expedite Dopay’s expansion efforts in Egypt and facilitate the introduction of new financial services. Additionally, it will support the broader rollout of Dopay’s innovative platform across multiple banks and countries.
Dopay's cutting-edge platform is designed to cater to unbanked and underbanked populations in emerging markets by offering real-time payments and 24/7 fund accessibility through prepaid Mastercard debit cards. This approach aims to enhance financial inclusion and transform traditional payroll practices in regions heavily reliant on cash transactions.
Dopay’s platform stands out by offering real-time payroll processing and constant access to funds, even during weekends and holidays, through prepaid debit cards in partnership with Mastercard. This innovative solution aims to streamline payroll operations and provide unprecedented financial accessibility to users.
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