Full-Time
Provides on-demand earned-wage access to employees
$150k/yr
Remote in USA + 1 more
More locations: Minneapolis, MN, USA
Remote
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DailyPay provides earned wage access, letting employees access money they've already earned on a daily basis instead of waiting for a scheduled payday. Employers partner with DailyPay; via payroll integrations, employees request immediate payment of earned wages, which DailyPay funds and the employer pays a service fee. The platform uses payroll and time data to determine earned but unpaid wages and delivers the funds through a digital interface. Its goal is to improve employee financial wellness and retention by making payroll more flexible, with particular applicability to healthcare, retail, and restaurant sectors.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$2B
Headquarters
New York City, New York
Founded
2016
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Competitive Pay
Stock Options
401(K) with 4% match
Unlimited PTO
Medical, Dental & Vision Plans
Daily Seamless Credit
Free LinkedIn Learning
Annual Learning Stipend
DailyPay for DailyPay
DailyPay, a New York City-based early wage access provider, has secured $260 million in debt financing. The funding comprises a $160 million revolving credit facility from Barclays and Angelo Gordon, plus a $100 million term loan from SVB Capital and Neuberger Berman. The company plans to use the capital to expand its services domestically and internationally whilst pursuing innovation. DailyPay's clients include Hilton, Target, Kroger and Dollar Tree. The financing follows the appointment of Kevin Coop as chief executive officer five months ago. DailyPay previously raised $300 million in a revolving credit facility from Barclays last March and secured $500 million in equity and credit capital in 2021. The company operates in a crowded market with approximately 30 competitors, including Payactiv, EarnIn and Flexwage Solutions.
DailyPay opens retro NYC Diner to ask: why are we still getting paid like it's 1938? Jul 22, 2026, 09:00 ET Immersive experience highlights that the way we get paid hasn't kept pace with modern life. NEW YORK, July 22, 2026 /PRNewswire/ - DailyPay, the leader in On-Demand Pay, today opened the DailyPay Diner, a New York City pop-up set in 1938, the year the current pay system took shape in the United States. The experience explores whether a system designed for a very different economy still meets the needs of today's workers. "Today's pay system was designed nearly a century ago," said Caitlin Allen, Chief Brand & Communications Officer at DailyPay. "We've changed the way we live, work and manage our money, but the way most people get paid has remained the same. We created the DailyPay Diner to challenge a system that no longer reflects the way people live and work." Step Back to 1938 Guests are transported to 1938 through a 45-minute immersive experience that recreates a classic 1930s diner. Period food and pricing, music, décor, a vintage diner car, live performances, and costumed actors bring the era to life, inviting visitors to experience the world where today's paycheck system first took shape. The DailyPay Diner builds on DailyPay's national The Future of Pay campaign, featuring Christopher Lloyd, by bringing its central message into the real world: if nearly everything else has evolved since 1938, why hasn't the way people get paid? The DailyPay Diner is open to the public July 22-23 at 245 E. Houston St. in New York City. Learn more at dailypay.com/diner. About DailyPay DailyPay is the leader in On-Demand Pay, helping employers modernize how people get their pay. DailyPay serves more than 2,000 employers and over 6 million employees, including many of the world's most recognized brands. Through access to earned wages and financial wellness tools, DailyPay empowers workers to manage their finances and helps employers attract and retain talent. DailyPay is helping define the future of pay, where money moves at the speed of work. Learn more at www.dailypay.com/press. Media Contacts: SOURCE DailyPay
DailyPay, the on-demand pay platform, has appointed Inbal Shani to its board of directors effective 30 June 2026. Shani currently serves as chief product officer at Twilio, where she leads the global R&D team and oversees product strategy and innovation. Shani previously held senior product roles at GitHub, Microsoft and Amazon Web Services. She has experience scaling products at major technology companies serving millions of users globally. She also serves on the board of Checkmarx. DailyPay serves over 1,900 employers and six million employees, providing real-time access to earned wages and financial wellness tools. Chief executive Nelson Chai said Shani's product experience would prove valuable as the company accelerates its growth.
DailyPay, a leading on-demand pay platform, has closed a $200 million upsizing of its secured credit facility, bringing total committed capacity to $960 million. The expansion includes existing lending partners Barclays, Citi and TPG Credit, alongside new participants TD Bank Group and Royal Bank of Canada. The upsizing pushes DailyPay's total debt financing backed by on-demand pay receivables past $1 billion, including a securitisation completed in June 2025. The facility will finance additional on-demand pay transfers as the platform continues growing. DailyPay's platform allows employees to access earned wages before payday whilst helping employers improve workforce engagement and retention. Chief financial officer Deepa Subramanian said the expansion reflects strong confidence in the company's employer-partnered business model.
DailyPay announces appointment of Jennifer R. Jackson to its BOD. Former Walmart and Capital One executive brings deep financial services and consumer expertise February 19, 2026 DailyPay, the leading On-Demand Pay platform and financial wellness solution, today announced the appointment of Jennifer R. Jackson to its Board of Directors, effective February 13, 2026. "Jennifer is a strong addition to DailyPay's Board," said Nelson Chai, Chief Executive Officer, DailyPay. "She brings deep experience leading global retail and financial services organizations, pairing strategic discipline with innovation and a strong focus on the customer." Most recently, Jackson served as Senior Vice President of Merchandising at Walmart U.S., leading one of the company's multi-billion dollar retail and eCommerce portfolios. Earlier in her career at Walmart, she served as SVP of Enterprise Strategy and Innovation. Prior to Walmart, Jackson spent nearly a decade at Capital One, holding executive P&L roles. As President of Capital One Canada, she led the multi-billion dollar credit card business through crises and digital transformation. In the U.S., she managed credit card portfolios, and oversaw enterprise-wide capabilities in customer experience, payments, and risk, managing regulatory exams and pioneering agile tech integrations. "DailyPay is delivering meaningful value at the intersection of work and pay," said Jennifer R. Jackson. "I'm looking forward to partnering with the Board and leadership team and bringing my experience to support the company's next phase of growth." Jackson holds a doctorate in chemical engineering from Carnegie Mellon University and a bachelor's degree in chemical engineering from Yale University.