DailyPay is a financial technology company founded in 2015, headquartered in New York City. It operates in the Human Resources, Financial Services, and Workforce Management sectors, providing on-demand pay and financial wellness solutions. The company's platform integrates with an employer's payroll and HR systems to allow employees to access their earned wages before the scheduled payday.
The core offering, the DailyPay On-Demand Pay Platform, connects with more than 180 HCM, payroll, and time management systems. The platform includes a mobile application for tracking hours, transferring wages, and setting savings goals through features like Savings Jars. The company also provides the DailyPay Visa Prepaid Card for accessing earned wages. Its service is utilized by over 1,000 employer clients, reaching millions of users across the United States.
DailyPay has secured significant venture funding, achieving a valuation at the unicorn stage. The company maintains an additional office in Belfast. It has received industry recognition, including being named one of TIME's Best Inventions of 2021 and featuring in major publications such as The New York Times, Forbes, and The Wall Street Journal.
