dopay
dopay aims to bank the world's next 1 billion workers by providing the best-in-class cashless payroll payment platform for businesses.
About dopay
dopay provides a cloud-based payroll service that allows employers to calculate salaries and make payments electronically. Worldwide there are 2 billion people that have jobs but no bank account. Companies feel this acutely. Since both their employees and their customers are unbanked, they have to manage huge amounts of cash. DoPay breaks this cash cycle by offering a payroll and cash management service for companies. Employees receive a DoPay card and DoPay app, which give them a full banking experience. They are already working in partnership with Barclays to provide payroll services to several multinationals, embassies and local companies in Egypt and aim to expand into the largest unbanked regions of the world.
Company Facts
- Headquarters
- London
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_00101_00250
- Funding Stage
- early_stage_venture
- Total Funding
- $37,145,890
- Last Funding Type
- series_a
- Last Funding Date
- 2024-07-16
- Website
- dopay.com
Industries & Categories
Bookkeeping and Payroll, Finance, Financial Services, FinTech, Payments
Social Links
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