Egyptian startup Dayra lands USD 15k grant from Y Combinator

Egyptian fintech app Dayra was one of several startups to land a USD 15k grant from Y Combinator’s Startup School, becoming the first MENA-based startup to earn the grant, Menabytes reported. Dayra allows users to send money to anyone in Egypt with a phone number at a low cost and high speed,the startup claims. Y Combinator, a US-based seed accelerator, launched Startup School in 2017 as a not-for-charge eight-week online course to give entrepreneurs and would-be entrepreneurs access to the startup community as well as weekly group sessions by industry leaders, according to the company’s website. This year, 10k startups completed the program.