Simplify Logo

Full-Time

Head of Investor Relations

Confirmed live in the last 24 hours

DailyPay

DailyPay

501-1,000 employees

Provides daily access to earned wages

Financial Services
Fintech

Compensation Overview

$201k - $286kAnnually

+ Variable Incentive Compensation + Stock Options

Expert

New York, NY, USA

Category
Corporate Finance
Finance & Banking
Requirements
  • Over 10 years of progressively responsible experience in investor relations.
  • Demonstrated ability to cultivate and maintain strong, strategic relationships with analysts, investors, senior management, and board members.
  • Ability to work in a collaborative environment and work proactively with other functions to understand the company's story and vision.
  • Notable executive presence with the ability to speak confidently and clearly about the company’s strategic vision.
  • Strong financial and investment analysis capabilities, including experience with financial modeling and valuation techniques.
  • Outstanding interpersonal skills: positive, people-oriented, and collaborative.
  • Commitment to excellence and highly driven by results and improvement.
Responsibilities
  • Lead the development and execution of the investor relations strategy as DailyPay prepares for its IPO.
  • Participate in the drafting of the S-1, focusing on key metrics and KPIs.
  • Develop Q&A and lead mock earnings calls.
  • Lead the process of determining the exchange on which to list.
  • Evaluate, recommend, and implement tools to support the IR program, including the IR website.
  • Coordinate with the executive team, legal counsel, investment bankers, and other advisors to develop a compelling equity story.
  • Serve as the primary point of contact between the company, prospective investors, and financial analysts, building and nurturing strong relationships within the investment community.
  • Lead the preparation of investor materials, including presentations, fact sheets, FAQs, and roadshow materials.
  • Develop clear, consistent, and transparent messaging about the company’s financial performance, strategy, and long-term growth potential.
  • Manage quarterly earnings calls, press releases, and investor presentations to communicate the company’s financial results and forward guidance post-IPO.
  • Monitor investor sentiment and market trends, providing strategic advice to the executive team on how to best position DailyPay in the market.
  • Contribute to the composition of the initial sell-side analyst coverage universe and the ongoing management of those relationships.
  • Develop and execute a comprehensive investor targeting and outreach program to attract high-quality investors during and after the IPO process.
  • Organize and lead investor days.
  • Collaborate with legal, finance, and accounting teams to develop accurate, timely, and transparent financial disclosures.
  • Serve as a member of the Disclosure Committee.

DailyPay provides a service that allows employees to access their earned wages on a daily basis instead of waiting for traditional pay periods like bi-weekly or monthly. This service works by partnering with businesses, which pay a fee to offer their employees the option of on-demand pay. By giving employees the ability to access their wages as they earn them, DailyPay helps improve financial control and flexibility for workers. This approach has been shown to increase employee retention and engagement, particularly in industries such as healthcare, retail, and restaurants, where turnover rates are often high. DailyPay's goal is to enhance employee satisfaction and reduce turnover costs for businesses, potentially saving millions annually in sectors that struggle with labor shortages and high quit rates.

Company Stage

Series D

Total Funding

$1.4B

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

7%

1 year growth

17%

2 year growth

11%
Simplify Jobs

Simplify's Take

What believers are saying

  • DailyPay's service has been shown to increase employee time on the job by an average of 27%, which can significantly improve business operations and reduce turnover costs.
  • The company's recent $175 million funding round and 75% increase in valuation to $1.75 billion indicate strong financial health and growth potential.
  • Expanding its earned wage access solution to small businesses opens up a new market segment, potentially driving further growth and adoption.

What critics are saying

  • The departure of CEO Kevin Coop and transition to interim CEO Stacy Greiner could lead to strategic and operational uncertainties.
  • The competitive landscape in the fintech and employee benefits sectors is intense, with new entrants and existing players potentially eroding DailyPay's market share.

What makes DailyPay unique

  • DailyPay's focus on providing daily access to earned wages sets it apart from traditional payroll services that operate on bi-weekly or monthly cycles.
  • The company's service is particularly valuable in high-turnover industries like healthcare, retail, and restaurants, addressing specific pain points related to employee retention and financial wellness.
  • DailyPay's partnerships with major payroll providers like ADP and Acrisure enhance its market reach and integration capabilities, making it a more attractive option for businesses.

Benefits

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