Tagged DailyPay
9 stories
The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300DailyPay 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. The expanded facility
Company NewsDailyPay 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 Chair—will lead product inn
Company NewsWorkday 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, particularly frontline and
Company NewsStacy 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 overseeing DailyPay's busi
Company NewsSalt Labs Offers Lifeline to Employees Left Adrift by Blueboard’s Sudden Shutdown
In an unexpected turn of events that has sent ripples through the HR industry, Blueboard, a prominent experiential employee recognition platform based in San Diego, announced its abrupt shutdown on March 12, 2024. This sudden closure left h
Venture CapitalDailyPay 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 million in increased sec
Venture CapitalSalt Labs Raises Additional $8M to Bring Loyalty Earned Assets to the Workforce
Third Prime invests $8 million in Salt Labs, bringing the total amount raised by the company to $18 million in less than a year NEW YORK , Dec. 19, 2023 Salt Labs , a loyalty and financial technology company that bridges the gap be
Venture CapitalNew York-based Salt Labs, Founded to Eradicate the Wealth Gap Disparity for Frontline Workers, Raises $10 Million in Pre-Seed Funding Round
NEW YORK , March 29, 2023 -- Salt Labs (saltlabs.com), a new loyalty and payments technology company today announced it has raised $10 million in a pre-seed funding round. The financing was led by Fin Capital with participation from Anth
Venture CapitalDailyPay 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 funding is divided be
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