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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:

Carrick Capital Partners Archives

Carrick Capital Partners Archives
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A Year of Growth: Factor bridges the gap between traditional law and New Law

A Year of Growth: Factor bridges the gap between traditional law and New Law Share Article Legal managed services provider’s focus on complex legal work at scale validated by the market in first year of relaunch. Factor NEW YORK (PRWEB) February 16, 2021 Factor, the leader in solutions for complex legal work at scale, marks its first anniversary after establishing its independence, following a rebrand and spinoff from Axiom. Under the leadership of CEO Varun Mehta, Factor sharpened its focus on helping general counsel, legal and procurement teams better support the businesses they serve. Factor’s first year saw market and regulatory forces, as well as the unprecedented disruption of the COVID-19 pandemic amplify the “do more with less” pressures on legal teams and created pressing urgency to adjust to new commercial and business realities.

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