DailyPay Stock

Enterprise Payments Platform

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Founded

2015

Notable Investors

RPM Ventures

Headquarters

New York NY, US

Total Funding

$332M

About DailyPay Stock

DailyPay is a financial services company that offers a solution allowing employees to access their earned wages before their scheduled payday. It provides a flexible pay system where employees can request to receive the money they've earned for their work up to that point, even if it's before the traditional pay date. Employers partner with DailyPay to provide this benefit to their employees, aiming to enhance financial flexibility and satisfaction among their workforce.

It was founded in 2015 by Jason Lee and Robert Law, and it aims to help hundreds of companies improve their bottom line profit by giving people their first steps towards financial security.

DailyPay is headquartered in New York City, with operations based in Minneapolis.

Investors

First Ascent Ventures

DailyPay

Larnabel Ventures

DailyPay

Inspiration Ventures

DailyPay

Frontier Venture Capital

DailyPay

Funding History

October 2015$1.5M
August 2016$5.0M
June 2017$1.0M
February 2018$9.1M
June 2018$7.4M
March 2019$2.0M
April 2019$55.5M
April 2021$175M
December 2023$75.5M

Management

Chief Executive Officer

Kevin Coop

Chief Financial Officer

Ken Brause

Press

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