D
dopay
Payroll and cash management software for companies
About dopay
A fintech company that provides a platform for businesses to process payroll and other payments to employees and vendors through a cashless system.
The company primarily serves businesses in Egypt, enabling them to pay their entire workforce, including unbanked individuals, through the dopay platform. The service is designed to be fast, secure, and accessible, with features like next-day card delivery for new employees and a mobile application for businesses to manage their accounts and payroll from anywhere.
For employees, dopay provides a card that allows them to access their wages 24/7 from any ATM and make purchases from e-commerce platforms, facilitated by a partnership with Mastercard. This approach aims to drive financial inclusion by bringing more people into the cashless economy.
The business model appears to be B2B, charging fees to the companies that use its payroll services. The platform has received approval from the Central Bank of Egypt, indicating a strong regulatory standing in its primary market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Cairo, Egypt
- Employees
- 244
- Open positions
- 13
- Dealroom signal
- 92.4/100
- Industry
- Fintech, Jobs Recruitment
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Human Resources, Payroll, Cash Management
- Business model
- SaaS
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Nov 2025 | $7.9M | $87M | Undisclosed | ↗ |
| SERIES A✓Equity / VC | Jul 2024 | $14M | $90M | Argentem Creek Partners | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for dopay is 6.7K monthly website visits, up 3.1% over the last three months. dopay's team grew 16.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
John Power
Chris Adelsbach
Techstars
Tekton Ventures
ACE and Company
FMO Entrepreneurial Development Bank
Series A6 investors entered at this stage
Force Over Mass Capital
Outrun Ventures
NN Group
Alder Tree Investments
Mbuyu Capital Partners
Argentem Creek Partners
Other known investors12 additional known investors
6 Degrees Capital
Dan Bowyer
Hub71
Inclusive Fintech 50
Jai Choi.- KBKlaas de Boer
Kube VC
Level39- MJMads Jensen
Riyadh Techstars Accelerator
ScaleUpNation
SuperSeed
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about dopay on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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