{"id":558443,"date":"2021-08-10T04:21:09","date_gmt":"2021-08-10T04:21:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/"},"modified":"2021-08-10T04:21:09","modified_gmt":"2021-08-10T04:21:09","slug":"egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/","title":{"rendered":"Egypt-based payroll platform Dopay is now Bank ABC Egypt\u2019s banking agent"},"content":{"rendered":"

<\/a> Egypt-based fintech startup <\/strong>Dopay<\/a><\/strong> will offer its digital payroll solutions to Bank <\/strong>ABC corporate clients <\/strong>after obtaining an agent banking license from the Central Bank of Egypt (CBE) through Bank ABC, according to a press release<\/a> yesterday. The license enables Dopay to offer corporate banking services via its digital payroll and payment platform through which companies can pay their unbanked employees\u2019 salaries. Staff will be able to receive their funds through a prepaid debit card. The license will allow Dopay clients to \u201cinstantly open accounts for their employees and other beneficiaries and pay them in real-time.\u201d<\/p>\n

About Dopay:<\/strong> Established in June 2014, Dopay works to provide payroll services for the unbanked to drive financial inclusion and digital transformation in Egypt. Dopay\u2019s customers include McDonalds and mass transportation app Swvl, and the company implements payroll solutions for Barclays-Egypt<\/a>. The company raised USD 2.4 mn<\/a> in 2016 in a round led by Techstars Ventures and Force Over Mass Capital, and an additional EUR 1 mn<\/a> investment from Dutch development bank FMO in March 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt-based fintech startup Dopay will offer its digital payroll solutions to Bank ABC corporate clients after obtaining an agent banking license from the Central Bank of Egypt (CBE) through Bank ABC, according to a press release yesterday. The license enables Dopay to offer corporate banking services via its digital payroll and payment platform through which […]<\/p>\n","protected":false},"author":1,"featured_media":558444,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7350],"tags":[2154,204,271,3298,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-bank-abc","tag-banking","tag-central-bank-of-egypt","tag-dopay","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"2c6918bb-5900-49b0-a24c-9cfdb570086d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/135.jpg","photo_position":"above","related_issue":[558435],"teaser":"","voice_url":""},"yoast_head":"\nEgypt-based payroll platform Dopay is now Bank ABC Egypt\u2019s banking agent - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt-based payroll platform Dopay is now Bank ABC Egypt\u2019s banking agent\" \/>\n<meta property=\"og:description\" content=\"Egypt-based fintech startup Dopay will offer its digital payroll solutions to Bank ABC corporate clients after obtaining an agent banking license from the Central Bank of Egypt (CBE) through Bank ABC, according to a press release yesterday. The license enables Dopay to offer corporate banking services via its digital payroll and payment platform through which […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-10T04:21:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/135.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt-based payroll platform Dopay is now Bank ABC Egypt\u2019s banking agent\",\"datePublished\":\"2021-08-10T04:21:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/\"},\"wordCount\":180,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/135.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Bank ABC\",\"banking\",\"Central Bank of Egypt\",\"Dopay\",\"EnterpriseAM\"],\"articleSection\":[\"Banking\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/\",\"name\":\"Egypt-based payroll platform Dopay is now Bank ABC Egypt\u2019s banking agent - 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Egypt is Dopay\u2019s first operating market. \u201cThrough this investment, FMO supports dopay to scale\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/831.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557384,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/16\/fintech-startup-dopay-raises-usd-18-mn-in-series-a-round\/","url_meta":{"origin":558443,"position":1},"title":"Fintech startup Dopay raises USD 18 mn in series A round","author":"enterpriseam admin","date":"16 September 2021","format":false,"excerpt":"Egypt-based fintech startup Dopay has secured USD 18 mn in funding in a series A round led by UK VC firm Force Over Mass Capital, Dutch development bank FMO and NN Group, the company said in a statement yesterday. African investor Mbuyu Capital and Nordic fund Alder Tree Investments also\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/226.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633773,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/21\/local-fintech-player-dopay-secures-usd-13-5-mn-in-a-series-a-extension-round\/","url_meta":{"origin":558443,"position":2},"title":"Local fintech player Dopay secures USD 13.5 mn in a series A extension round","author":"enterpriseam admin","date":"21 July 2024","format":false,"excerpt":"The company will use the funds to accelerate its expansion plans","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1522.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556018,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/06\/fintech-startup-dopay-appoints-new-chairman\/","url_meta":{"origin":558443,"position":3},"title":"Fintech startup Dopay appoints new chairman","author":"enterpriseam admin","date":"6 October 2021","format":false,"excerpt":"Egypt-based fintech startup Dopay has named Ron Vollebregt as its new chairman, the company announced yesterday. Vollebregt co-founded and acted as COO of international payment services provider GlobalCollect prior to joining DoPay. He is the chairman of the board of directors of global payments infrastructure company Terrapay, board member at\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":656077,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/dopay-telda-are-on-cb-insights-list-of-promising-fintech-startups\/","url_meta":{"origin":558443,"position":4},"title":"Dopay, Telda are on CB Insight\u2019s list of promising fintech startups","author":"enterpriseam admin","date":"28 November 2024","format":false,"excerpt":"Two local fintech players made it on CB Insight\u2019s list of most promising fintech startupsof 2024 \u2014 Dopay and Telda. Dopay received a mosaic score of 713\/1000, a unit of measurement that \u201cprovides predictive intelligence into emerging companies\u2019 health and momentum.\u201d Telda received a score of 708. 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