DailyPay Completes $200M Asset-Backed Securitization, Expanding Funding Capacity for On-Demand Pay
Second asset-backed securitization supports continued growth, bringing DailyPay’s total funding backed by On-Demand Pay receivables to approximately $1.4 billion DailyPay, the leader in On-Demand Pay, announced a $200 million asset-backed securitization (ABS) of its On-Demand Pay receivables. The transaction marks DailyPay’s second ABS issuance, following its inaugural $200 million securitization......