$200M
The funding round was led by Development Partners International and included participation from Google, Visa, and IFC.
AT
Alder Tree Investments
Portfolio
2
companies
Investment by month
By category
- FinTech£163M
By location
- London£163M
Portfolio companies
Dopay
Digital payroll and payments platform serving unbanked workers.
M
Moniepoint
Moniepoint offers a digital platform combining payments, banking, credit, and business management tools for businesses.
Recent investments
£13.1M
The financing round was led by Force Over Mass, FMO and NN Group to support the company as it scales operations in Egypt.
"Egypt has around 2.4 million individual businesses and 104 million people, some 67% of whom do not have a bank account, while 94% have no access to credit. The dopay business model engages with business owners in the first instance, meaning they don’t have to attract individual customers. Each company signing up with dopay brings an entire workforce in a single transaction, and this is a very strong growth driver. Their new platform provides frictionless onboarding for employees, while enabling dopay to scale their business at pace."
Force Over Mass + 4 others
