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DailyPay, Inc. Secures Additional $100 Million Credit Commitment from Citi
Oct 26, 2024•over 1 year ago
Contract Type
partnership
New YorkFinancial ServicesSoftwareFinanceFintech
Description
DailyPay, Inc. has secured an additional $100 million credit commitment from Citi, leading to a total revolving secured debt facility commitment of $760 million. The funding will enable DailyPay to service its ever-growing roster of clients, including leading employers across various industries.
Company Information
Company
DailyPay
Location
55 Water St
New York, New York, United States
About
DailyPay is the leader in On-Demand Pay, trusted by the most forward-thinking employers committed to enhancing their employees' financial health. Our open technology platform delivers instant access to earned wages and a robust suite of financial wellness solutions, giving our partners a decisive edge in attracting, engaging, and retaining top talent. We are transforming how the world gets paid so every worker can meet life's moments with confidence.
New YorkFinancial ServicesSoftwareFinanceFintech