Dayra

Cairo, Egypt Founded: 2020 • Age: 6 yrs
API-enabled correspondent banking solutions are provided for underbanked individuals.

About Dayra

Dayra is a company based in Cairo (Egypt) founded in 2020.. Dayra has raised $3 million across 2 funding rounds from investors including EFG Hermes, EFG EV Fintech and Tanmeya Capital Ventures.

  • Headquarter Cairo, Egypt
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    Mar 10, 2021

  • Investors
    EFG Hermes

    & 5 more

  • Employee Count
    Employee Count
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People of Dayra
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Mariam William
Software Engineer
People
Omar Ekram
Founder

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Teams

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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
  • Total Rounds 2
  • Last Round Seed — $3.0M
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Debt – Conventional - Dayra Valuation

investors

Mar, 2021 Amount Seed - Dayra Valuation Tanmeya Capital Ventures , EFG EV Fintech
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Angel investments in early-stage ventures are managed by VentureSouq.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Dayra

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Dayra

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dayra Comparisons

Employees
+
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Competitors of Dayra

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dayra

Egyptian fintech Dayra secures $3-million
Ventureburn5 years ago

Frequently Asked Questions about Dayra

When was Dayra founded?

Dayra was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Dayra located?

Dayra is headquartered in Cairo, Egypt.

Is Dayra a funded company?

Dayra is a funded company, having raised a total of $3M across 2 funding rounds to date.

What does Dayra do?

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.

Who are Dayra's investors?

Dayra has 6 investors. Key investors include EFG Hermes, EFG EV Fintech, Tanmeya Capital Ventures, Y Combinator, and VentureSouq.

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