dopay

b2b fintech

FOUNDING YEAR: 2014
LOCATION: United Kingdom
Last Update: 10/07/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

DoPay offers banking services for un(der)banked employees. It provides a cloud-based payroll service that allows employers to calculate salaries and pay all employees electronically.

Focus

PRODUCTS & SERVICES

Corporate Payroll Solution, Payroll Account and Card, Mobile App

REVENUE MODEL

Company would generate revenues from the business who buy the payments software

MAIN CLIENTS

Philips

Wadi Degla Holding

Vodafone

Ebc

Invensys

Embassy of Denmark

EXISTING PARTNERSHIPS

Barclays Accelerator

Techstars

Visa

Traction

VALUATION / MARKET CAP:

$11 M in 2015

People

FOUNDERS

Frans van Eersel

BOARD MEMBERS AND ADVISORS

Mike Velings

Frans van Eersel

Mourad Eissa

Patrick Boateng

NUMBER OF EMPLOYEES

51-200

INVESTORS:

ACE & Company

Barclays Accelerator

Chris Adelsbach

Force Over Mass Capital

John Power

Techstars

Techstars Ventures

Momentum

FUNDED

YES

TOTAL FUNDING

$2.4 M

DATE OF LAST FUNDING

Jun 2017

SEED & PRIOR FUNDING

$2.4 M

SEED CLOSED ON

Jan 2016

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2014

LOCATION:

United Kingdom

Views:

138 VISITORS | 606 VIEWS
LATEST FUNDING ROUND

$2.4 M

TOTAL EMPLOYEES
51-200

About

DoPay offers banking services for un(der)banked employees. It provides a cloud-based payroll service that allows employers to calculate salaries and pay all employees electronically.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack