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How dopay CEO Frans van Eersel grew dopay to $5.2M revenue with a 62 person team in 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.

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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 by year$0$1M$3M$4M$5M$6M201120132015201720192021$0$5MSource: GetLatka.com
YearMilestone
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$1M$2M$3M$4M$5M2011201220132014201520162011 cumulative: $0 • 2011 Founded: $02015 cumulative: $2M • 2011 Founded: $0 • 2015 Funding round: $2M2016 cumulative: $4M • 2011 Founded: $0 • 2015 Funding round: $2M • 2016 Funding round: $2M$4M2011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Funding round$2.4M--
2015Funding round$2M--

dopay Employees & Team Size

dopay employs approximately 62 people as of 2026.

dopay has 62 total employees in different roles and functions and 12 sales reps that carry a quota.

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

Founder / CEO

Frans van Eersel

CEO and Founder since June 2014 to present.

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Customers

We do not have customer count information for dopay yet.

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.

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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

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