DailyPay Nabs $260M
Summary
NEW YORK, NY, DailyPay, a leading financial technology company, today announced it has secured $260 million of capital. DailyPay today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The $100 million in term loan funding will be invested to fuel DailyPays continued product innovation and to accelerate growth. DailyPay, powered by its industry-leading technology platform, is on a mission to build a new financial system for everyone. DailyPay delivers the industrys leading on-demand pay solution with modern, insight-driven pay strategies that help Americas leading employers to activate their workforce and build stronger relationships with their employees, so they feel more engaged, work harder, and stay longer.
