Tag: on-demand pay

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, 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.

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.

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