Diligence memo · auto-generated · as of July 1, 2026
Dopay
Dopay looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Dopay operates in Fintech, based in Africa. Egyptian fintech startup Dopay has closed a US$13.5 million Series A extension round, topping up its $18 million Series A round raised in 2021, and will now set about accelerating its expansion in its home market as well as new ones.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Dopay has raised $14M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2024-07-18.
Most recent recorded round closed around 2024-07-18.
Valuation (modeled)modeled
Provath models Dopay at approximately $73M (range $18M–$155M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.14× the median modeled value of Series A Fintech companies in 2022–2024 (32 peers) — value vs value, same stage and era. Within the normal band (114% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 23 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 90% of Fintech peers (1063 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Thndr, Peach Payments, Bite Ninja, Inc., Kinside Inc., Plerk Holdings LLC.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.