DailyPay Announces $260 Million in New Funding
/Funds will be used to drive growth, product innovation and international expansion for the leading on-demand pay provider
NEW YORK, Jan. 24, 2023 /PRNewswire/ -- 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.