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 innovation and scaling with a focus on measurable emplo

Workday has named Chime its Strategic Financial Wellness Partner, making Chime Workplace available to Workday customers via Workday Wellness. Workday serves 11,000+ organizations (including 60% of the Fortune 500), positioning this integration to scale modern financial benefits—earned wage access,

eTip, a leading digital tipping platform for hospitality and service sectors, has launched a new no-fee VISA debit payroll card that allows instant access to tips and wages. The card, available in both physical and virtual formats, is designed to modernize wage distribution, eliminate manual process

Multiply Mortgage, a fintech innovator, has secured $23.5 million in Series A funding led by Kleiner Perkins, bringing its total funding to $27 million. The company is revolutionizing employee benefits by offering lower mortgage rates—up to 0.75% discounts—at no cost to employers. Available in

Invst, a leading investment advisory firm, has acquired NS Capital to establish the Invst Unity Pooled Employer Plan (PEP). This strategic move revolutionizes retirement solutions for businesses, addressing challenges like fiduciary liabilities and high fees while simplifying 401(k) administration.

UKG has announced that its UKG Labs, an in-house global startup ecosystem and virtual laboratory, has expanded to include 20 companies. This program accelerates innovation for the frontline workforce by supporting early-stage companies that align with UKG’s mission to make every organization a gre

Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to earned wages, financial wellness tools, and lifestyle perks,

Chime Financial has acquired Salt Labs to enhance financial progress for everyday Americans. Both companies aim to empower employees by leveraging the Chime platform. Jason Lee, CEO of Salt Labs, will lead the new Chime Enterprise unit to deliver innovative employee benefits and financial wellness p

401GO, a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capital. This investment will support 401GO's growth, including t

Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major milestone for the company. Vestwell aims to revolutionize fi