Founded Year

2016

Stage

Line of Credit - II | Alive

Total Raised

$817.5M

Valuation

$0000 

Last Raised

$300M | 5 mos ago

About DailyPay

DailyPay provides employees with real-time access to earned wages across a wide range of industries, including cleaning, healthcare, retail, transportation, and more. With DailyPay, employees can pay bills on time and avoid late fees, helping them reach their financial goals.

DailyPay Headquarter Location

55 Broad Street 29th Floor

New York, New York, 10004,

United States

ESPs containing DailyPay

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Retail Tech

These platforms allow workers to access accrued wages before payday. Some companies do this for free, while others charge the worker a small fee that can be deducted from their next paycheck. The fee is typically far more affordable than a high-interest payday loan. Many of these tools are also beginning to incorporate related financial wellness features, such as budgeting tools and educational fi…

DailyPay named as Leader among 13 other companies, including Branch, PayActiv, and Wagestream.

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DailyPay's Products & Differentiation

See DailyPay's products and how their products differentiate from alternatives and competitors

  • The DailyPay Wallet solution

    The DailyPay wallet solution (formerly called the PayEx® platform) creates a frictionless personal finance experience by connecting to over 6,000 financial institutions supporting any bank account, debit card or prepaid card.

    Differentiation

    The DailyPay wallet solution is the only digital wallet that automatically fills itself every day a user works, reflecting their pay balance in real-time. As long as the user works for a company par… 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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Research containing DailyPay

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned DailyPay in 3 CB Insights research briefs, most recently on Mar 30, 2022.

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 10 Expert Collections, including HR Tech.

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

U

Unicorns- Billion Dollar Startups

1,178 items

D

Digital Lending

1,603 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.

G

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

P

Payments

2,323 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Financial Wellness

245 items

Track startups and capture company information and workflow.

DailyPay Patents

DailyPay has filed 1 patent.

The 3 most popular patent topics include:

  • Classification algorithms
  • Data management
  • Machine learning
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/1/2019

8/17/2021

Machine learning, Web frameworks, Software architecture, Data management, Classification algorithms

Grant

Application Date

2/1/2019

Grant Date

8/17/2021

Title

Related Topics

Machine learning, Web frameworks, Software architecture, Data management, Classification algorithms

Status

Grant

Latest DailyPay News

08:46 EDT Atrium Hospitality Partners With DailyPay to Provide Critical Financial Wellness Benefit to Thousands of Hotel Associa...

Jul 28, 2022

News provided by Share this article Share this article NEW YORK, July 28, 2022 /PRNewswire/ --  Atrium Hospitality , one of the nation's largest hotel operators, today announced its partnership with DailyPay , the leading provider of on-demand pay. With DailyPay, Atrium Hospitality's thousands of Associates across the United States will have access to their earned pay as they earn it. This critical financial wellness benefit provides Atrium team members with the power of choice and control over their pay to take care of bills, spend, save or invest on their own schedule. DailyPay & Atrium Alpharetta, Georgia-based Atrium Hospitality was recently ranked #1 in customer satisfaction among third-party hotel management companies in the J.D. The company manages a portfolio of 82 hotels in 28 states, representing well-known brands such as Hilton, Marriott, IHG, and Wyndham and operates more than 20,000 guest rooms/suites and approximately 3 million square feet of event space. In 2022, Atrium Hospitality added another Atlanta Top Workplaces win to the company's accolades and celebrated being recognized by The Atlanta Journal-Constitution for a second year. "Atrium Hospitality's decision to partner with DailyPay centers on the individual Atrium family member and placing the power of choice in their hands by offering flexibility on pay," said Anneliesse Cooper, Senior Vice President of Human Resources, Atrium Hospitality. "As a preferred employer in the hospitality industry, we listen to our Associates and are creating an even better place to work and grow through innovative partnerships and technologies, including addressing their financial well-being." According to DailyPay's Job Satisfaction Index , hiring rates in the hospitality industry have been on a fast upward trend since the beginning of 2022, increasing from 10% in January to 27% in May. With DailyPay, employers can hire up to 2x faster than those who don't offer an on-demand pay benefit, according to a survey conducted by DailyPay. About Atrium Hospitality Atrium Hospitality is ranked as one of the nation's largest hotel operators. Headquartered in Alpharetta, Georgia, the company manages a portfolio of 82 hotels in 28 states, representing well-known brands such as: Hilton, Marriott, IHG, and Wyndham, among others. Atrium Hospitality's six core values of Service, Perseverance, Inclusion, Respect, Innovation and Teamwork guide the Atrium SPIRIT for creating a welcoming environment for all, encouraging the personal and professional growth of the company's Associates, and being a responsible community partner. Atrium is conserving the planet's natural resources and being more efficient in support of the company's commitment to sustainability, all while providing exceptional guest experiences. Atrium supports a range of civic and community activities, and Atrium-managed properties nationwide are proud to take part in Project SEARCH, a school-to-work program for students with intellectual and developmental disabilities. For more information about Atrium, visit www.atriumhospitality.com . About DailyPay DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system. Partnering with America's best-in-class employers, including Dollar Tree and Adecco, DailyPay is the recognized gold standard in on-demand pay. Through its massive data network, proprietary funding model, and connections into over 6,000 endpoints in the banking system, DailyPay works to ensure that money is always in the right place at the right time for employers, merchants, and financial institutions. DailyPay is building technology and the mindset to reimagine the way money moves, from the moment work starts. DailyPay is headquartered in New York City, with operations based in Minneapolis. For more information, visit www.dailypay.com/press . Media Contacts

DailyPay Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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DailyPay Rank

  • When was DailyPay founded?

    DailyPay was founded in 2016.

  • Where is DailyPay's headquarters?

    DailyPay's headquarters is located at 55 Broad Street, New York.

  • What is DailyPay's latest funding round?

    DailyPay's latest funding round is Line of Credit - II.

  • How much did DailyPay raise?

    DailyPay raised a total of $817.5M.

  • Who are the investors of DailyPay?

    Investors of DailyPay include Barclays Bank, RPM Ventures, Carrick Capital Partners, Paycheck Protection Program, Inspiration Ventures and 6 more.

  • Who are DailyPay's competitors?

    Competitors of DailyPay include QRails, ZayZoon, Tapcheck, Paidiem, Wagestream, Branch, Branch, Paywatch, Refyne, HoneyBee and 12 more.

  • What products does DailyPay offer?

    DailyPay's products include The DailyPay Wallet solution and 3 more.

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