Workday and DailyPay Form Strategic Partnership to Bring On-Demand Pay to Millions of Workers

DailyPay Named Workday's Strategic Partner for On-Demand Pay

Strategic Partnership Will Help Companies Recruit, Retain, and Engage Employees By Giving Them Access to Their Money as They Earn it

PLEASANTON, Calif. and NEW YORK, Aug. 19, 2025 /PRNewswire/ -- Workday Inc., (NASDAQ: WDAY), the AI platform for managing people, money, and agents, and DailyPay, the leading On-Demand Pay platform, today announced that DailyPay has been selected as Workday's Strategic Partner for On-Demand Pay in the United States and Canada. Through this collaboration, employers can give workers, including frontline and hourly workers, real-time access to their money as they earn it.

DailyPay's solution has been integrated with Workday Human Capital Management (HCM) and Workday Payroll since 2023. The companies are now offering a more connected experience for joint customers that empowers employees with access to their earnings on their own schedule, when they need it most.

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Allianz X backs Coterie Insurance

Allianz X, the strategic investment arm of the Allianz Group, announced a strategic equity investment in small business insurance startup Coterie Insurance. Excluding this investment, Coterie raised nearly $100 million.

In addition to Allianz X leading Coterie’s Series C investment, the deal also involves leveraging the strengths of the Allianz Group to forge a long-term, expanded reinsurance relationship between Coterie and Allianz Reinsurance, the reinsurance arm of the Allianz Group.

“Coterie has an exceptional platform for the SMB insurance market, a segment that is both attractive and challenging. This deal demonstrates Allianz X’s ongoing commitment to the segment and the opportunities within it, as well as marking the beginning of the next phase of Coterie’s growth, which we will achieve together by leveraging our respective strengths.” – Alexander De Kegel, CIO and MD of Allianz X North America.

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Dallas Just Got a New King of Gig – and It’s Freshly Folded

In a city where the gig-economy hums with engine fumes, fast food runs, and Friday night rideshares, one new platform skips the grease and grabs the garments. NoScrubs, an Austin-based startup launched in Dallas, doesn’t ferry burgers or barhoppers – it whisks away laundry, returning it washed, folded, and warm to the touch within hours. For workers worn down by brake pads and backseat small talk, the quiet churn of a dryer might just be the sound of opportunity.

On July 8, NoScrubs officially launched in Dallas with $2 million in pre-seed funding from Initialized Capital and Frontier VC. Founded by Matt O’Connor, who helped launch Instacart in Austin, the company saw firsthand how convenience reshapes daily life. This time, his focus is laundry – a chore so familiar and often overlooked. NoScrubs picks up, washes, folds, and returns clothes in as little as four hours, beating the typical 6-to-10-hour or even next-day turnaround of most delivery services. For busy customers and gig workers – dubbed Scrubbers – the service turns an age-old task into a modern, streamlined exchange. 

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Simulations Plus invests $1 million in clinical trial technology firm Nurocor

Simulations Plus, Inc. (NASDAQ: SLP) announced an investment of $1 million in clinical development technology company Nurocor, according to a press release statement.

The investment was made through Simulations Plus' Corporate Development Initiative, which launched in 2024 to support early-stage technology companies in the pharmaceutical industry.

Founded in 2017, Nurocor operates a cloud-based software platform designed to improve efficiency and automation for pharmaceutical companies during clinical development phases. The company's solution aims to accelerate clinical trial lifecycles and reduce overall development costs.

"We are pleased to support Nurocor in its mission to help clients leverage technology to bring drugs to market more rapidly," said Shawn O'Connor, Chief Executive Officer of Simulations Plus. "Their vision aligns with our own, and we see tremendous potential for clients to deploy our complementary solutions in clinical trial design, protocol development, and site competency and compliance."

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Connecticut Welcomes Back On-Demand Pay

Connecticut State Legislature Enacts On-Demand Pay Legislation, Restoring Access for Thousands of Hard Working Employees In The State

NEW YORK, NY, UNITED STATES, July 10, 2025 /EINPresswire.com/ --DailyPay, a worktech company and the leading provider of On-Demand Pay, welcomes the full return of its On-Demand Pay service in Connecticut. With the passage of Senate Bill 1396, Connecticut became the 12th state to regulate On-Demand Pay, driving regulatory certainty for the growing industry and users relying on innovative financial products. The bill was signed into law by Governor Ned Lamont on July 8, 2025 and goes into effect on October 1, 2025.

With the passage of SB 1396, On-Demand Pay providers are exempted from Connecticut's Small Loan Act’s annual percentage rate and other requirements of traditional loans and credit products.

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