DailyPay: Funding, Investors & Team (Sep 2026)
DailyPay, 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, Berkshire Hathaway, 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.
DailyPay has raised $625M across 2 funding rounds on record, the most recent a Debt Financing of $300M announced in Mar 2022.
That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.
DailyPay Company Profile and Key Stats
Latest funding round on record: Mar 2022.
DailyPay Funding Rounds
DailyPay raised $325M in an undisclosed round announced in May 2021.
10 months later, a Debt Financing of $300M was announced in Mar 2022.
DailyPay Founders and Leadership Team
Contact details for the DailyPay team: 1 of 1 has an email address on file.
Start 14-day free trial →DailyPay Funding Compared to Other Administrative Services Startups
DailyPay's latest round of $300M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.
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DailyPay Funding FAQs
What does DailyPay do?
DailyPay, 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, Berkshire Hathaway, 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.
How much funding has DailyPay raised?
DailyPay has raised $625M across 2 rounds on record. The most recent is a Debt Financing of $300M announced in Mar 2022.
When did DailyPay last raise funding?
DailyPay's most recent funding round on record is a Debt Financing of $300M, announced in Mar 2022.
Who is the CEO of DailyPay?
Jason Lee is listed as CEO at DailyPay.
Where is DailyPay headquartered?
DailyPay is based in New York, United States.
How many employees does DailyPay have?
DailyPay is in the 501-1000 employee band.
How does DailyPay's funding compare to other Administrative Services startups?
DailyPay's latest round of $300M is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.
About FundedIQ's DailyPay Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for DailyPay is left off this page rather than filled in.
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