Egypt’s Dopay secures $13.5m Series A extension

Dopay, an Egypt-based financial technology company, has secured an additional $13.5 million in its Series A funding round. This extension will help the company expand its services and reach within Egypt and potentially beyond. Dopay provides payroll and financial services, particularly targeting unbanked and underbanked employees by offering digital payment solutions and financial inclusion tools.

The fresh capital will likely support Dopay in enhancing its technology platform, scaling its operations, and increasing its market penetration. This funding round was led by several investors, showing strong confidence in the company's vision and growth potential.