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dopay

London, England, United Kingdom

Valuation

$15.6M

2021 Revenue

$5.2M

Funding

$4.4M

Team

62

Founded

2011

dopay Revenue, Valuation & Funding (2021)

Operator of a cloud based payroll platform intended to offer payroll process management services. The company's cloud based payroll platform offers banking services to the largely unbanked and financially undeserved populations and helps them to receive their salary in a dopay account, which comes with a debit card that allows them to withdraw cash at any ATM or pay with the card in any store that accepts VISA, enabling employers to calculate salaries and pay all employees electronically.

Last updated

dopay Revenue

In 2021, dopay's revenue reached $5.2M. Since its launch in 2011, dopay has shown consistent revenue growth.

dopay Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M201120132015201720192021$0$5.2MSource: GetLatka.com
YearMilestoneSource
2021dopay Hit $5.2m revenue in April 2021
2011Launched with $0 revenue

dopay Valuation, Funding Rounds

dopay's most recent disclosed valuation is $15.6M.

dopay has raised $4.4M in total funding across 2 rounds, with its most recent round in 2016.

dopay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$1M$0.4$2M$0.6$3M$0.8$4M$1$5M201120122013201420152016Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2016Funding round$2.4M--
2015Funding round$2M--

Founder / CEO

Frans van Eersel

CEO

CEO and Founder since June 2014 to present.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for dopay yet.

dopay Employees & Team Size

dopay employs approximately 62 people as of 2026, including 12 sales reps that carry a quota.

dopay Team GrowthReported headcount over time01530456075201120132015201720192021006262Source: GetLatka.com
YearMilestoneSource
2021Reached 62 employees (April 2021)

Frequently Asked Questions about dopay

What is dopay's revenue?

dopay generates $5.2M in revenue.

Who founded dopay?

dopay was founded by Frans van Eersel.

Who is the CEO of dopay?

The CEO of dopay is Frans van Eersel.

How much funding does dopay have?

dopay raised $4.4M across 2 rounds.

How many employees does dopay have?

dopay has 62 employees.

Where is dopay headquarters?

dopay is headquartered in London, England, United Kingdom.

Compare dopay to the industry

dopay operates across multiple industries. Browse revenue, funding, and growth data for dopay in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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dopay Revenue 2021: $5.2M ARR, $15.6M Valuation