Dayra Analysis: $3M Raised
What is Dayra?
Dayra provides businesses with B2B lending solutions and enables platforms to offer financial services to underbanked individuals instantly and without risk.
Employees
10
Founded
2020
Revenue
$5-5.9M
ZoomInfo
Product Features & Capabilities
- Dayra Pay, hassle-free transfers to workers and suppliers, Dayra Extend, direct financing to pay suppliers and workers on time, Dayra Lend, access to capital for workers and customers directly from apps.
How much Dayra raised
Pre-Seed - $3 million
47 months ago (approximately March 2021)Lead Investor: Y Combinator, various equity and debt financing sources
Who are the founders of Dayra
OE
Omar Ekram
Founder
Market Focus
Dayra primarily focuses on the financial services industry, specifically in B2B lending products and providing financial services to underbanked workers and customers.
Investors
- Y Combinator
- Other investors in the pre-seed round include a mix of equity and debt financing sources, though specific names beyond Y Combinator were not detailed in the sources.
Business Model
Business model focuses on financial services for unbanked gig workers; revenue from fees and lending.
Competitors Overview
Dayra's main competitors in the B2B lending and financial services market include:
- NOW Money: This FinTech company specializes in digital payroll and mobile banking services for low-income workers. Its free payroll portal for employers is a significant advantage, streamlining payroll process
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