Dayra

Data-driven embedded Financial Services for Gig Workers

Y CombinatorWinter 2021ActiveFintechCredit and LendingBanking as a ServiceFintech

What they do

Problem

Unbanked gig workers in Egypt lack access to affordable credit and basic financial accounts, limiting their ability to manage cash flow between payouts.

Solution

Dayra provides an app and API that lets businesses embed loans and virtual bank accounts for their workers and customers, including early wage/earnings advances.

Who it's for

Egyptian businesses and platforms (e.g., marketplaces and employers) that want to offer financial services to their unbanked workers and customers.

Founders

Omar Ekram

Founder

Omar Ekram is the Founder of Dayra. Ekram was a Managing Partner at Tanmiya Capital Ventures, a private equity firm focused on the Egyptian SME market Ekram was an IBanker with EFG Hermes where he advised on notable transactions with values in excess of USD 1 bn Ekram earned a BA in Economics and Finance, with minors in Computer Science and Mathematics, from the American University in Cairo and Columbia University in the City of New York; he is also a Chartered Financial Analyst