DailyPay Raises $500 Million Of Capital, Powering Its Mission To Transform The Financial System

18 May, 2021

DailyPay Raises $500 Million Of Capital, Powering Its Mission To Transform The Financial System
Photo by Alexandru Acea on Unsplash

– DailyPay secured $500m of capital.
– The company is announcing a $175m Series D equity round led by Carrick Capital Partners with participation from existing investors.
– In addition, the company is announcing it has raised $325m of credit capital from various sources.
– The company intends to invest its newly raised capital in new market opportunities for its technology platform, in addition to extending its market leadership position in on-demand pay among the largest employers in the world.
– The company welcomes new investor Carrick Capital Partners.

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