Dayra provides a B2B lending platform that enables businesses to offer financial services directly to their unbanked gig workers and customers through customizable APIs and dashboards. This solution addresses the lack of access to capital for underbanked individuals, allowing for instant financing and seamless payment transfers.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EEEHODFounders
Product
Problem
Many businesses struggle to provide financial services to their unbanked gig workers and customers due to the complexities and risks associated with lending and payment processing. Underbanked individuals often lack access to traditional financial institutions, creating barriers to accessing capital and managing payments effectively.
Solution
Dayra offers a B2B lending platform that enables businesses to provide financial services, including instant financing and seamless payment transfers, directly to their unbanked workers and customers. Through customizable APIs, widgets, and dashboards, businesses can embed lending products into their existing platforms and workflows. Dayra's solution allows businesses to offer tailored loan cycles and tenors, manage transfers to workers and suppliers, and access direct financing options. The platform provides tools to analyze and monitor all activity, offering a risk-free way to extend financial services to underserved populations.
Target Audience
Dayra's primary customers are businesses with unbanked workers or customers, as well as user-facing platforms seeking to offer financial services to their customer base.
Features
- Customizable APIs for building fully integrated lending experiences
- Co-branded widget for instant launch and user-friendly access
- Comprehensive dashboard for monitoring and analyzing all platform activity
- Direct financing options for businesses to pay suppliers and workers on time
- Automated payment transfers to workers and suppliers with a single click
- Pre-computed credit limits for instant access to capital within one business day
- Tailored loan cycles and tenors to match specific business needs