DailyPay Announces International Expansion into the United Kingdom

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NEW YORK, Sept. 23, 2024 /PRNewswire/ -- DailyPay, a United States-based worktech company and leading provider of earned wage access (EWA), is expanding globally. Beginning this fall, DailyPay, an award-winning provider of EWA services, will have an EWA offering available in the United Kingdom, marking the company's first foray outside the U.S.

At launch, the program will be offered to DailyPay clients with operations in the U.K.

"Expanding internationally aligns with our goal to bring earned wage access to everyone, everywhere," said Josh Durodola, Vice President of International at DailyPay. "Many of our clients and partners are multinational, and they have increasingly expressed the need to offer this valuable benefit to their employees beyond the U.S. We are thrilled to bring this financial wellness tool to U.K. workers, empowering them to take control of their earned pay and improve their financial well-being."

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DailyPay Unveils Financial Wellness Tool for Credit Monitoring

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DailyPay has debuted “Credit Health,” a tool to help users monitor their financial wellness.

Announced Monday (Sept. 16), the offering is integrated into the earned wage access (EWA) company’s app, letting users stay on top of their credit status.

The company said the need for credit monitoring is more relevant than ever, with 77% of American households holding some form of debt, with personal debt at a record high of close to $17.7 trillion, per Federal Reserve Bank of New York data.

Much of this credit is seen as subprime, Daily Pay added, meaning millions of Americans are barred from home ownership and saddled with higher insurance premiums.

“Building credit is a central goal for our users because good credit unlocks fundamental financial opportunities across apartment leases, car loans, borrowing costs, and more,” Jack Rubin, senior vice president of consumer financial solutions at DailyPay, said in a news release. “The first step in building credit is to have access to your score and what’s driving it up or down.”

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Penguin Random House to Acquire Boom! Studios

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Penguin Random House is set to acquire comic book and graphic novel publisher Boom! Studios.

The publishing house announced Wednesday that Random House Publishing Group, a division of Penguin Random House, has agreed to the deal for Boom! Studios, which was founded in 2005 by Ross Richie and Andrew Cosby. The deal is expected to close later this summer, and terms were not disclosed. As part of the transaction, Disney is selling its minority stake in Boom! Studios that 20th Century Fox acquired in 2017.

Boom! Studios will continue its editorial and publishing independence and will report to Random House Worlds president Scott Shannon, while Random House Worlds vp publisher Keith Clayton and Random House Publishing Group executive vp of business strategy Bill Takes will help manage the new imprint. Also part of Random House Worlds’ portfolio of imprints are Del Rey, Inklore and the RH Worlds licensing program.

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Findigs: Property Tech Company Secures $27 Million To Simplify Rental Screening

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Findigs, a leading property technology company that simplifies rental screening and leasing decisions, announced $27 million in Series B funding. This funding follows the company’s unannounced Series A and Seed rounds, bringing the total funding raised to date to $48 million. This round was led by Nyca Partners, with participation from existing investors RPM Ventures, Streamlined Ventures, Expa Ventures, Activant Capital, Colle Capital, and Frontier Venture Capital.

Findigs is changing the rental process by addressing the fundamental complexities of rental underwriting, and delivering value back to renters with a fair and simple experience. And the latest funding will be used to expand their screening automation service, grow their team, and increase platform and data sophistication. The company’s increasingly rich dataset offers vital insight into rental industry norms that have long been driven by intuition and best practices.

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