DailyPay (Series B, Venture, Venture Debt & Equity)

Funding Details
Awarder
Inbox
Date Award
February 15, 2018
Vertical
Fintech
Funding URL
View Funding Page
Valuation
$1,750,000,000
Funding Amount:
$500,000,000

Company Info
Traction
Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment.
Founders
Jason Lee
Company Description
DailyPay is the pioneer in providing employees real-time access to earned wages across a wide range of industries, including cleaning, healthcare, retail, transportation, and more. With DailyPay, employees can pay bills on time and avoid late fees, helping them reach their financial goals.
Market
Employee Wage Access
Location
New York, New York, USA
Coinvestors
Draper Frontier, Inspiration Ventures, Intercept Ventures, RPM Ventures, Carrick Capital Partners, Angelo, Gordon & Co., Barclays, Neuberger Berman, SVB Capital, Citi

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