Startup profile for DailyPay: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

DailyPay funding, valuation and investors

Earned-wage-access platform that advances workers pay they have already earned before payday.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Not publicly disclosed

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · New York, New York

Source links not recorded Last verified: 2026-10-13

Overview

DailyPay provides on-demand access to earned wages through employers. It funds employee transfers through receivables-backed facilities and securitizations, allowing employers to offer the benefit without changing payroll timing.

Why DailyPay is interesting

DailyPay is turning earned-wage-access receivables into an institutional funding asset class, expanding capacity while lowering and diversifying its cost of capital.

Product & use cases

DailyPay advances employees a portion of wages already earned and settles those advances through employer payroll flows.

  • On-demand access to earned wages
  • Employer financial-wellness benefit
  • Payroll-linked cash-flow management

Key facts

  • Completed a second $200M asset-backed securitization in October 2026
  • Company says receivables-backed debt funding now totals about $1.4B
  • Serves more than 2,000 employers and over 6 million employees, according to the company

Competitive landscape

Edge: Large employer distribution and a financing platform that can access bank facilities and rated securitization markets.

  • Payactiv direct

    Employer-distributed earned-wage access.

  • EarnIn adjacent

    Consumer-focused earned-wage access.

  • Branch direct

    Workforce payments and earned-wage access.

Notable stories

  • The 2026 ABS was DailyPay's second securitization after its inaugural 2025 transaction.

Industries

Market / IPO context

Editorial / static context — not a live quote.

Related funding articles

Venture Capital Tracker pieces that cover DailyPay's financing or category context.

FAQs about DailyPay

Practical answers founders, operators, and investors typically search for.

No. It is an asset-backed securitization of on-demand-pay receivables.
DailyPay says approximately $1.4 billion, including its secured facility and two $200 million ABS transactions.
Citi acted as lead bookrunner and structuring agent; Bank of America and Barclays were joint bookrunners.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.