Tag : DailyPay

DailyPay Secures Additional $100 Million Credit Commitment From Citi
Fintech News Technology

DailyPay Secures Additional $100 Million Credit Commitment From Citi

PR Newswire
by PR Newswire0
DailyPay’s Secured Credit Facility Increases To $760 Million in Support of its Growth And Leadership Position in Worktech DailyPay, Inc., a worktech company and leading provider of earned wage access, announced it has secured an additional $100 million commitment to its secured credit facility capacity from Citi. The additional commitment doubles Citi’s commitment from $100......
DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
Digital Payments News

DailyPay Closes Transactions Totaling $175 Million; Company’s Valuation Increases by 75%

Fintech News Desk
by Fintech News Desk0
Funds will be used to accelerate growth and expansion into adjacent categories and new markets. By Global FinTech Series News Desk  DailyPay, the on-demand pay company, announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided......
DailyPay Extends Partnership With Oak View Group to 125 Venues Nationwide
Investment Services News

DailyPay Extends Partnership With Oak View Group to 125 Venues Nationwide

PR Newswire
by PR Newswire0
Partnership Encompasses Thousands of Sports and Entertainment Employees From Arenas Across The Country Who Will Now Have The Financial Wellness Benefit of Earned Wage Access Oak View Group (OVG), the global venue development, advisory, and investment company for the sports and live entertainment industries, and DailyPay, a leading financial technology......
DailyPay Works With BMO to Offer Commercial Customers Earned Wage Access
Digital Payments News

DailyPay Works With BMO to Offer Commercial Customers Earned Wage Access

PR Newswire
by PR Newswire0
BMO is partnering with DailyPay to provide earned wage access to employees of BMO’s commercial clients, providing real-time access to their wages as they earn them with the funds deposited in their direct-deposit account and available to them for immediate use. “More than ever before, businesses require flexible digital payment solutions that reflect......
3 out of 4 Gen Z Hourly Workers Say the Stress of Managing Their Finances Has a Negative Impact on Their Health
Digital Payments Finance News

3 out of 4 Gen Z Hourly Workers Say the Stress of Managing Their Finances Has a Negative Impact on Their Health

PR Newswire
by PR Newswire0
New Data from a Harris Poll Survey Commissioned by Funding Our Future and DailyPay Illustrates the Challenges Facing the Youngest Members of the Workforce Despite inflation cooling, many hourly workers in the Gen Z demographic (18-26 years old) are struggling to manage their finances and pay bills on time — and......
Visa and Partners Bring Interoperability to Digital Person-to-Person Payments
Digital Payments News

Visa and Partners Bring Interoperability to Digital Person-to-Person Payments

Business Wire
by Business Wire0
Visa announced it is partnering with PayPal and Venmo to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the US will be able to start moving money seamlessly......
Green Dot Network Sees Continued Growth as Many Consumers Continue Relying on Cash for Purchases and Bill Payments
Banking News

Green Dot Network Sees Continued Growth as Many Consumers Continue Relying on Cash for Purchases and Bill Payments

Business Wire
by Business Wire0
Neobanks, Bill Pay Leaders and Earned Wage Access Providers Join Green Dot’s Growing List of Network Partners Green Dot Corporation and its growing list of partners are focused on powering consumers and businesses with seamless banking and payment tools and access to the cash services they need. the company announced......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
DailyPay Announces $260 Million in New Funding
Digital Payments Fintech News

DailyPay Announces $260 Million in New Funding

Fintech News Desk
by Fintech News Desk0
Funds will be used to drive growth, product innovation and international expansion for the leading on-demand pay provider DailyPay, a leading financial technology company, 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......
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