
About Dayra
Dayra is a Financial Services company based in Cairo (Egypt) founded in 2020. API-enabled correspondent banking solutions are provided for underbanked individuals. Dayra has raised $3 million across 2 funding rounds from investors including EFG Hermes, EFG EV Fintech and Tanmeya Capital Ventures. Its focus areas include FinTech, Banking Tech and Correspondent Banking.
Company details
Dayra was founded in 2020 in Cairo, Egypt, within the fintech sector. Correspondent banking solutions are facilitated through APIs, allowing agents to deliver financial services to underbanked populations. Operations focus on integrating deposit accounts, prepaid cards, consumer loans, bill payments, and additional offerings. The platform supports access to these services via digital interfaces in the region.
- Total Equity Funding$3M (USD)
in 2 rounds
- Latest Funding Round$3M (USD), Seed
Mar 2021
- InvestorsEFG Hermes
& 5 more
Funding Insights of Dayra
Dayra has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3M
- Total Rounds 2
- Last Round Seed β $3M
- Investors Count 6
All 2 funding rounds of Dayra with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | Debt – Conventional | β | β | ||
| Mar 2021 | $3M | Seed | β | Tanmeya Capital Ventures, EFG EV Fintech |
6 investors in total: 6 institutional.
Investors in Dayra
Dayra has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include EFG Hermes, EFG EV Fintech and Tanmeya Capital Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| efgev.com | ||||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Angel investments in early-stage ventures are managed by VentureSouq. | venturesouq.com | Dubai, United Arab Emirates | ||
Investment banking, securities brokerage, and asset management services are provided. | 1984 | efghermes.com | Cairo, Egypt | |
| tanmiyaventures.com | ||||
First Circle Capital is focused on investing in African FinTech startups. | firstcirclecap.com |
Investor details for Dayra
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Dayra
2 people are tracked at Dayra (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Omar Ekram | Founder | Leadership |
Mariam William | Software Engineer | Team |
Complete people profiles for Dayra
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Dayra
2 dated milestones of Dayra across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Dayra is founded.
- Funding First funding round.
Web traffic of Dayra
The website of Dayra (dayra.co) receives about 1K visits a month.
- Monthly visits1K
▲ 28.4% vs previous month
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Frequently Asked Questions about Dayra
Dayra was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Dayra is headquartered in Cairo, Egypt.
Dayra is a funded company, having raised a total of $3M across 2 funding rounds to date.
Dayra was founded in 2020 in Cairo, Egypt, within the fintech sector. Correspondent banking solutions are facilitated through APIs, allowing agents to deliver financial services to underbanked populations. Operations focus on integrating deposit accounts, prepaid cards, consumer loans, bill payments, and additional offerings. The platform supports access to these services via digital interfaces in the region.
Dayra has 6 investors. Key investors include EFG Hermes, EFG EV Fintech, Tanmeya Capital Ventures, Y Combinator, and VentureSouq.
