# DailyPay

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

## Why it 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.

## Profile

- **Latest funding:** Not publicly disclosed
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** growth
- **Status:** private
- **Industries:** fintech
- **Coverage:** full
- **Last updated:** 2026-10-13

## 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

## Related articles

- https://venturecapitaltracker.com/dailypay-200m-asset-backed-securitization

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 13, 2026

**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.

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Source: https://venturecapitaltracker.com/startup/dailypay