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