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Company profile

Dailypay

Listed in DHRMap for Pay on Demand.

NewYorkFounded 2016501-1000 employees
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About

Dailypay is a technology company operating in the Pay on Demand space. Founded in 2016, headquartered in NewYork. The company has approximately 501-1000 employees and has raised $1.1 billion in total funding. Last funding: January 24, 2023 and was a debt financing round for $260 million

Products

DailyPay On-Demand Pay (earned wage access), DailyPay Platform (employer integration), PAY (employee pay-anytime solution), SAVE (automated savings tool), Payroll Integration (200+ HCM/payroll connectors), Real-Time Pay Balance Visibility, Employee Financial Wellness, Employer Analytics & Retention Insights, DailyPay Card, Direct Deposit Flexibility

Leadership

founders · executives
  • Jason LeeChief of Chime Enterprise (formerly Founder & CEO, Salt Labs)
  • Nelson ChaiChief Executive Officer

Dailypay in the news

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Feb 19, 2026DailyPay Upsizes Secured Credit Facility to $960 Million

DailyPay announced a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million and pushing its total debt financing backed by On-Demand Pay receivables above $1 billion.…

Oct 1, 2025DailyPay Names Veteran Executive Nelson Chai as CEO

DailyPay appointed veteran executive Nelson Chai as CEO, advancing its strategy beyond earned wage access toward broader financial wellness for frontline workers. Chai—formerly Uber’s CFO and DailyPay’s Executive…

Aug 19, 2025Workday and DailyPay Partner to Deliver On-Demand Pay Across U.S. and Canada

Workday and DailyPay have announced a strategic partnership to provide on-demand pay solutions for millions of workers across the U.S. and Canada. The integration with Workday HCM and Payroll will allow employees,…

May 28, 2024Stacy Greiner Elevated To Interim CEO For DailyPay

DailyPay announced the appointment of Stacy Greiner as interim CEO, effective June 1, 2024, following Kevin Coop's decision to step down and serve as a board advisor. Greiner, the current COO, has been integral to…

Jan 18, 2024DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%

DailyPay, a New York City-based company specializing in on-demand pay solutions, has successfully raised over $175 million through a mix of debt and equity funding. This substantial financial injection includes $100…

Jan 24, 2023DailyPay Announces $260 Million in New Funding

NEW YORK  -- DailyPay , a leading financial technology company, today announced it has secured  $260 million  of capital to fuel growth domestically, expand internationally and further invest in product innovation. The…

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