Payments Fintech DailyPay, which Provides On-Demand Pay Solutions to Firms, Secures $500M in Capital

Payments Fintech DailyPay, which Provides On-Demand Pay Solutions to Firms, Secures $500M in Capital
DailyPay, the provider of on-demand pay solutions for enterprises, has acquired $500 million in capital.
DailyPay has completed a $175 million Series D equity round that was led by
Carrick Capital
Partners along with contributions from existing investors.
DailyPay has also secured $325 million of credit capital from different sources. The firm plans to invest the funds raised into various market opportunities for its tech stack. DailyPay will also extend its market leadership role in on-demand pay among the world’s largest employers.
Jason Lee, CIO and Founder at DailyPay, stated:

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