DailyPay
Founded Year
2015Stage
Loan - III | AliveTotal Raised
$1.553BValuation
$0000Last Raised
$200M | 17 days agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-29 points in the past 30 days
About DailyPay
DailyPay provides on-demand pay solutions within the financial technology sector. It offers an on-demand pay platform that allows employees to access their earned wages before the traditional payday. DailyPay's services are utilized by various sectors, including healthcare, retail, manufacturing, and the public sector, and employee turnover. DailyPay was formerly known as Beach HoldCo. It was founded in 2015 and is based in New York, New York.
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DailyPay's Product Videos
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ESPs containing DailyPay
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The earned wage access (EWA) platforms market allows employees to access their earned wages before scheduled paydays, addressing financial stress and reducing reliance on high-cost credit options. These platforms integrate with existing payroll systems to verify earned wages and facilitate immediate transfers to employees' accounts. Many providers offer additional financial wellness tools, such as…
DailyPay named as Leader among 15 other companies, including PayActiv, Tapcheck, and Wagestream.
DailyPay's Products & Differentiators
DailyPay
DailyPay partners with America’s largest employers to offer the financial wellness benefit of earned wage access to millions of workers nationwide. With the employer-sponsored benefit, employees are empowered with choice and control over their earned pay to pay bills, spend, save, or invest on their own schedule. DailyPay is on a mission to provide financial equity and inclusion for millions of workers nationwide.
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Expert Collections containing DailyPay
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
DailyPay is included in 11 Expert Collections, including HR Tech.
HR Tech
5,910 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,276 items
Digital Lending
2,464 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Gig Economy Value Chain
155 items
Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry
Payments
3,198 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Financial Wellness
245 items
Track startups and capture company information and workflow.
DailyPay Patents
DailyPay has filed 3 patents.
The 3 most popular patent topics include:
- classification algorithms
- data management
- machine learning
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/30/2022 | 2/20/2024 | Machine learning, Web frameworks, Software architecture, Data management, Classification algorithms | Grant |
Application Date | 8/30/2022 |
|---|---|
Grant Date | 2/20/2024 |
Title | |
Related Topics | Machine learning, Web frameworks, Software architecture, Data management, Classification algorithms |
Status | Grant |
Latest DailyPay News
Jul 9, 2025
DailyPay Partners with Würk to Offer On-Demand Pay By Vriti Gothi Share DailyPay has partnered with Würk Payroll and HR Solutions to bring on-demand pay to US workers, as part of its “DailyPay Built In” programme for easy integration with payroll and HR platforms. Through the collaboration, Würk will incorporate DailyPay’s on-demand pay functionality into its payroll and HR offering, which supports employers in sectors with complex regulatory requirements. The move aims to improve financial well-being by giving employees greater visibility and control over their earned wages, without requiring any changes to employers’ existing payroll processes. DailyPay’s on-demand pay product is designed to be cost-neutral for employers and simple to implement. By enabling access to earned pay between pay cycles, the solution seeks to support financial resilience and workforce retention, issues that have gained renewed focus as businesses look to strengthen their employee value proposition. Carly Brush, Senior Vice President for Human Capital Management at DailyPay, said, “Our new partnership with Würk speaks to our ongoing commitment to expanding our DailyPay Built In product, allowing leading HCM providers to expand their service offerings quickly and at great scale. Through our On-Demand Pay product, we give clients the ability to offer employees greater financial flexibility and control through their existing payroll system without changes to their existing workflows.” Deborah Saneman, Chief Executive of Würk, said, “Our mission has always been to empower businesses in highly regulated, compliance-heavy industries with the tools they need to succeed in a constantly evolving landscape. By partnering with an industry leader like DailyPay, we’re delivering modern, trusted financial tools already used by millions in other sectors to an industry that has long been underserved when it comes to employee benefits and workforce technology.” Data published by Arizent indicates that employers offering DailyPay see positive outcomes around workforce engagement and retention, with the majority of employers describing the product as a valuable addition to their benefits package. The integration with Würk extends DailyPay’s growing network of HCM partnerships and reflects its ongoing strategy to embed financial wellness tools directly within employers’ existing systems. As businesses across sectors place greater emphasis on supporting employees’ financial well-being, solutions that bridge the gap between pay cycles are gaining traction as a way to attract and retain staff in a competitive labour market. DailyPay and Würk aim to continue developing their joint offering to meet the needs of workers seeking greater control and transparency over how and when they are paid. Previous Article Digital monthly issue Global coverage
DailyPay Frequently Asked Questions (FAQ)
When was DailyPay founded?
DailyPay was founded in 2015.
Where is DailyPay's headquarters?
DailyPay's headquarters is located at 55 Water Street, New York.
What is DailyPay's latest funding round?
DailyPay's latest funding round is Loan - III.
How much did DailyPay raise?
DailyPay raised a total of $1.553B.
Who are the investors of DailyPay?
Investors of DailyPay include Barclays Bank, Citibank, Morgan Stanley, Carrick Capital Partners, SVB Capital and 26 more.
Who are DailyPay's competitors?
Competitors of DailyPay include Hastee, Clair, Wagestream, Branch, Tapcheck and 7 more.
What products does DailyPay offer?
DailyPay's products include DailyPay and 2 more.
Who are DailyPay's customers?
Customers of DailyPay include Hilton, Kroger, Target, HCA Healthcare and Aramark.
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Compare DailyPay to Competitors
PayActiv is a financial wellness company that provides a platform for earned-wage access and financial services. The company offers solutions that allow employees to access their earned wages before payday, along with tools for budgeting, savings, and financial counseling. PayActiv primarily serves various sectors, including retail, healthcare, and hospitality industries. It was founded in 2012 and is based in San Jose, California.
Immediate is a financial wellness company that specializes in providing on-demand access to earned wages for employees in various sectors. The company's main offerings include a platform that integrates with major payroll systems to allow employees to access their earned wages in real time, helping to alleviate financial stress and reduce reliance on alternative lending. Immediate primarily serves businesses looking to enhance their employee benefits package with financial wellness solutions. It was founded in 2019 and is based in Birmingham, Alabama.
ZayZoon is a financial empowerment platform that focuses on improving the financial wellbeing of employees within small and medium-sized businesses. The company offers Earned Wage Access, allowing employees to receive a portion of their earned wages before their scheduled payday, and a suite of financial wellness tools designed to educate and improve employees' financial health. ZayZoon's services are primarily utilized by businesses looking to enhance employee benefits, reduce financial stress, and improve retention and productivity. It was founded in 2014 and is based in Calgary, Canada.
Branch specializes in providing payment solutions for the workforce across various industries. Its services include offering businesses the ability to pay their workers through direct deposits, cashless tips, and earned wage access, as well as providing financial wellness tools for employees. It serves sectors such as healthcare, hospitality, logistics, gig platforms, and business services. Branch was formerly known as Branch Messenger. It was founded in 2015 and is based in Golden Valley, Minnesota.
EarnIn specializes in earned wage access services. It provides a platform for users to access their earned wages along with credit monitoring, automated savings, and low-balance protection, without mandatory fees or interest charges. It primarily serves individuals seeking greater financial flexibility and control over their earnings. EarnIn was formerly known as ActiveHours. It was founded in 2012 and is based in Palo Alto, California.
Salary Hero is a financial health platform that offers services including Salary on Demand, financial education, budgeting tools, and high-interest savings accounts. The company partners with employers to integrate these financial tools into their existing HR and payroll systems. It was founded in 2021 and is based in Bangkok, Thailand.
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