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DailyPay information


DailyPay Inc.
Company typePrivate
Industry
  • Financial technology
  • Financial services
Founded2015; 9 years ago (2015)
Founder
  • Jason Lee
  • Rob Law
HeadquartersNew York, NY, U.S.A.
Key people
Kevin Coop (CEO) Stacy Greiner (COO)
ServicesEarned wage access
Number of employees
800 (2020[1])
Websitewww.dailypay.com

DailyPay is an American financial services company founded in 2015, which provides payroll services such as earned wage access.[2] DailyPay charges up to $3.49 for users to receive 100% of their earned but unpaid income. This fee has been compared to traditional payday lending which has prompted regulatory scrutiny.[3]

  1. ^ "Championing Diversity in FinTech: NYC Based DailyPay". 21 June 2020.
  2. ^ Kauflin, Jeff. "VCs Bet $40 Million On Money App For Those Living Paycheck To Paycheck". Forbes. Retrieved 2021-05-10.
  3. ^ Bernard, Tara Siegel (2020-10-02). "Apps Will Get You Paid Early, for a Price". The New York Times. ISSN 0362-4331. Retrieved 2021-06-30.

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