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DailyPay Inc.

Financial Services

DailyPay Stock

DailyPay is a prominent provider of on-demand pay services, enabling employees to access their earned wages before the scheduled payday. This financial solution enhances workforce management by significantly boosting recruitment, retention, and employee satisfaction through innovative earned wage access (EWA) technology. Trusted by leading companies across various industries, DailyPay strives to improve financial wellness and productivity within workplaces.

Founded: 2015

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DailyPay Company Overview

Founded with a vision to transform payroll practices, DailyPay has emerged as a key player in the on-demand pay sector, offering a technology-driven platform that provides employees instant access to earned wages. This service allows employees to withdraw their earned but unpaid wages prior to their regular payday, thus offering a flexible financial planning tool and an alternative to traditional payday loans. DailyPay’s platform is designed to integrate seamlessly with existing payroll systems, causing minimal disruption to employers while offering significant benefits such as improved employee engagement and reduced turnover rates. The company has established partnerships with numerous industry leaders, ensuring that their on-demand pay solution aligns with various human capital management and payroll systems. This broad integration capability is crucial in maintaining the security and efficiency of the payroll process. DailyPay's client list includes major corporations across sectors like healthcare, retail, and hospitality, which speaks to the platform's versatility and reliability. Key features of DailyPay include real-time transfer capabilities, a user-friendly interface, and a suite of financial tools that promote better financial management among employees. By providing on-demand access to wages, DailyPay not only enhances employee satisfaction and loyalty but also positions itself as a strategic partner in corporate financial wellness initiatives. The company's mission extends beyond immediate financial services, aiming to foster broader financial stability and empowerment for the workforce.

Management Team

Jason Lee Co-Founder, CEO
Rob Law Co-Founder, CTO
Scot Parnell CFO
Jeanniey Mullen CIMO
Vladimir Kleyman General Counsel

Funding Information


'Daily pay is a TRAP!!': Worker says job offers daily pay—but now her $1,300 check is $150 on payday

A worker claims that she’s only getting a fraction of what she’s earned on payday via a “daily pay” payment system, and others with knowledge of the payment system are claiming that it’s a “trap.”

DailyPay Announces Kevin Coop to Assume CEO and Board Roles

DailyPay announced that Kevin Coop has been named Chief Executive Officer. He will join the Board of Directors and lead operations. Coop brings three decades of experience running operations, driving growth and sustaining profitability at companies of various sizes and stages. Most recently, Coop served as President of North America at Dun & Bradstreet, where he was responsible for profitability and growth of North America across all product lines and businesses.

DailyPay Partners With Quinyx on EWA, Schedules - HCM Technology Report

DailyPay partnered with Quinyx, an AI-driven workforce management company, to help businesses better engage their frontline employees. The collaboration will integrate DailyPay’s earned wage access with Quinyx’s “optimized” scheduling system.

UBS Arena Partners With DailyPay to Offer its Employees On-Demand Pay

UBS Arena, home of the New York Islanders, has partnered with DailyPay, providing the essential financial wellness benefit of on-demand pay to UBS Arena employees. As part of the agreement, DailyPay will be designated as the official 'On-Demand Pay Partner' of UBS Arena and the New York Islanders. This partnership is made possible through DailyPay's collaboration with Oak View Group (OVG).

DailyPay Completes Workday Certified Integration

DailyPay, Inc., a solutions provider in on-demand pay of earned wages announced that it has achieved Workday Certified Integration status.

DailyPay Announces $260 Million in New Funding

DailyPay, a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed by Neuberger Berman.

The end of the two-week pay cycle: How every day can be payday

On-demand payment companies let you decide when you’re paid.