dopay

dopay is a finance and fintech startup founded in 2014 with its headquarters in Egypt. The company's slogan, "The fastest and easiest way to pay your team," reflects its core focus on transforming payroll processes. dopay serves businesses and individuals by providing fast, convenient, and rewarding options for payment and receipt, aiming to simplify and enhance financial lives. The company's virtual banking platform, dopay for business, along with prepaid debit cards, facilitates seamless transition to a cashless payroll for millions of businesses that still rely on physical money for worker payments. Workers can conveniently access their wages through ATMs and make purchases without the need for physical banknotes. This innovative approach allows employers to electronically remunerate their employees at any time, even during weekends and holidays when traditional banks are closed. Notably, dopay has attracted a significant $13.50M Series A investment from Argentem Creek Partners on 16 July 2024. This investment underlines the confidence of the investor in dopay's mission and potential for growth. Operating in Egypt, dopay has already garnered a substantial user base with hundreds of active businesses and thousands of card users. The company is actively expanding its range of services and choices to complement its core payroll offering, reflecting its commitment to financial innovation and addressing the needs of frontier economies.