Dayra, a Cairo-based fintech startup providing unbanked gig workers and micro-businesses with financial services, has closed a debt and equity pre-seed round of $3 million.

The startup, which has been funded by Tanmiya Capital Ventures, EFG EV Fintech, EFG Hermes, Y Combinator, and multiple prominent angel investors, has also joined Y Combinator’s Winter 21 batch.

Dayra was founded in early 2020 by Omar Ekram with the chief aim of improving the lives of millions of unbanked in...