17 July 2024

Dopay Secures $13.5 Million for Digital Payroll Expansion

Written By FinTech Alliance in FinTech

Dopay Secures $13.5 Million for Digital Payroll Expansion

Fintech startup Dopay has raised $13.5 million in its Series A funding round. The investment, led by Force Over Mass Capital, FMO, and NN Group, will help Dopay expand its digital payroll platform, particularly targeting unbanked and underbanked workers in emerging markets.

Dopay's platform provides instant salary access through prepaid debit cards, facilitating financial inclusion by offering virtual banking services to those without traditional bank accounts.

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