Tag: DailyPay

DailyPay $195m senior secured revolving credit deal

DailyPay, a leading On-Demand Pay platform and financial wellness solution, has announced the successful closing of a new $195m senior secured revolving credit facility,...

DailyPay completes $200m securitisation to fuel growth

DailyPay, a worktech platform providing on-demand pay and financial wellness solutions for employers and employees, has announced the completion of a $200m asset-backed securitisation.

New York crackdown targets illegal FinTech payday lending operations

New York Attorney General Letitia James has filed lawsuits against FinTech firms MoneyLion and DailyPay, accusing them of preying on hourly workers across the...

DailyPay bolsters financial strength with $100m credit boost from Citi

DailyPay, a New York-based worktech company, announced a significant enhancement to its credit facility, having secured an additional $100m from Citi.

DailyPay launches its earned wage access in the UK

DailyPay, a pioneering WorkTech company from the United States, is set to introduce its Earned Wage Access (EWA) services to the United Kingdom this fall.

DailyPay secures $175m in latest funding round, valuation soars

DailyPay, the trailblazer in the on-demand pay sector, has secured a staggering $175m. This financial infusion is a blend of a $75m equity round and a $100m increase in an existing secured credit facility, with the additional financing generously provided by banking giant Citi.

Salt Labs secures $8m boost for innovative loyalty earned assets in...

Salt Labs, a FinTech bridging the gap between employees and employers, has raised an $8m investment from Third Prime.

On-demand payment service DailyPay scores $260m

DailyPay, an on-demand payment platform to help America’s workforce have more control of their finances, has netted $260m in funding.

On-demand wage app DailyPay picks up $300m credit facility

DailyPay, an on-demand pay platform that helps employees get real-time access to wages, has received $300m in a revolving credit facility from Barclays.

DailyPay eyes market expansion following $500m capital raise

US firm Daily Pay has netted $500m in raised capital following a $175m Series D and $325m credit capital raise.

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