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Company profile

Dailypay

On-demand pay (earned wage access) platform that lets employees access earned wages before payday.

New York, New YorkFounded 2015501-1000 employeesVenture / growth-stage (multiple equity and debt rounds raised)21 open roles →
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About

DailyPay is an on-demand pay platform that integrates with employers' payroll and HCM systems to let employees access their earned wages before payday, alongside a prepaid card and financial-wellness tools. The company was founded in 2015 by Jason Lee and Rob Law and is headquartered in New York City. It has raised multiple venture and debt financing rounds, including $5M Series A (2016) and $9M Series B (2018).

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

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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Dailypay — frequently asked questions

What does Dailypay do?

On-demand pay (earned wage access) platform that lets employees access earned wages before payday.

Where is Dailypay headquartered?

Dailypay is headquartered in New York, New York, United States.

When was Dailypay founded?

Dailypay was founded in 2015.

Who founded Dailypay?

Dailypay was founded by Jason Lee, Rob Law.

Who is the CEO of Dailypay?

Nelson Chai leads Dailypay as CEO.

How many employees does Dailypay have?

Dailypay has 501-1000 employees.

How much funding has Dailypay raised?

Dailypay has raised $1.1 billion (Venture / growth-stage (multiple equity and debt rounds raised)) to date, per DHRMap records.

What kind of HR technology is Dailypay?

Dailypay is categorized under Pay on Demand on DHRMap.

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About this listing. DHRMap is an independent directory: profiles are compiled from public sources and the company's own website at the time of listing. Companies, products, ownership and pricing change quickly, so we cannot guarantee that this profile is complete, accurate or current — please confirm details with Dailypay before relying on them. A listing is not an endorsement.

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