Financing by ACE & Company, Techstars Ventures and Several of Angel Investors Will Help Drive Expansion Into New Markets

DoPay, the company whose mission is to become the “day-to-day” bank in markets with largely unbanked and financially underserved populations, has secured $2 million in seed funding from ACE & Company, Techstars Ventures, and a syndicate of angel investors working for leading banks, private equity funds and hedge funds. The funds will further the launch of the company’s services in Egypt and help drive expansion into new markets in the Middle East, Africa and India.

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