Worktech DailyPay, a key player focused on on-demand payroll and employee financial wellness services, has closed a $200 million expansion of its secured credit facility. The amendment lifts the facility’s total committed capacity to $960 million, enabling the company to scale operations as demand for… Read More
Read more in: Fintech | Tagged credit facility, dailypay, ewa, worktech
Stinker Stores, a chain of gas stations and convenience stores based in Idaho, has reported remarkable improvements in staff retention thanks to its ongoing collaboration with DailyPay, a company focused on on-demand payment and financial wellness services. This partnership, which began in 2020, underscores Stinker… Read More
Read more in: Fintech | Tagged dailypay, ewa, on-demand pay, worktech
DailyPay, the provider of on-demand pay platforms, has announced the closure of a new $195 million senior secured revolving credit facility. The deal positions the company for expanded operations and innovation in the financial wellness sector. DailyPay, which is headquartered in New York, specializes in… Read More
Read more in: Fintech, Global | Tagged dailypay, ewa, financial wellness, new york, us, worktech
Forbo Movement Systems, a global belt supplier, has partnered with DailyPay, the enabler of On-Demand Pay and financial wellness solutions. With this collab, Forbo’s U.S. and Canada-based workers are now enabled with more choice and greater control over their earned pay. Forbo Movement Systems has… Read More
Read more in: Fintech | Tagged dailypay, earned wages, ewa, worktech
DailyPay is rolling out a “Perks” offering on its platform featuring a number of opportunities sourced for the DailyPay user. Anchoring the new Perks offering is Stride, which addresses ”the need for affordable, low-cost health insurance.” Stride makes it easy to find the best health… Read More
Read more in: Fintech | Tagged dailypay, ewa, on-demand pay, stride, worktech
In an era where financial pressures are mounting and lifestyles have shifted to on-demand everything—from streaming services to grocery deliveries—access to earned wages has become a critical need. DailyPay, the on-demand pay platform, announced updates that enhance financial wellness for hourly workers and small businesses…. Read More
Read more in: Fintech | Tagged dailypay, ewa, financial wellbeing, us, worktech
DailyPay, a worktech company specializing in on-demand pay solutions, continues to focus on reshaping the financial services sector for American workers, particularly younger generations, while fostering stronger employer-employee relationships. Recent developments, including new data on Gen Z savings habits, a strategic partnership with Wizardline Technologies… Read More
Read more in: Fintech | Tagged dailypay, ewa, payments, worktech
In a rapidly evolving and increasingly global /distributed workforce, financial flexibility has seemingly become a key part of employee satisfaction and retention. DailyPay, a provider of on-demand pay solutions, has recently announced key partnerships that underscore its commitment to transforming how employees access their earnings…. Read More
Read more in: Fintech | Tagged dailypay, earned wage access, ewa, financial wellbeing, us, worktech
DailyPay, an EWA / worktech platform, continues to focus on improiving how employees access their earnings through its On-Demand Pay solutions. Recent partnerships and legislative developments highlight the company’s commitment to enhancing employee financial wellness, improving retention, and empowering businesses to offer earned wage access… Read More
Read more in: Fintech, Global | Tagged dailypay, ewa, financial wellbeing, on-demand pay, united states, us, worktech
DailyPay, a worktech company and key player in on-demand pay solutions, has solidified its position as an industry professional through legislative advancements, strategic integrations, and a high-profile addition to its board of directors. These milestones underscore DailyPay’s mission to empower employees with greater financial control… Read More
Read more in: Fintech | Tagged dailypay, earned wage access, ewa, worktech
DailyPay, a provider of On-Demand Pay as well as financial wellness solutions, announced a $200 million asset-backed securitization (ABS) of its On-Demand Pay receivables. This transaction, backed by some of the world’s financial institutions, establishes “a new asset class and extends DailyPay’s capacity to partner… Read More
Read more in: Fintech | Tagged dailypay, ewa, new york city, on-demand pay, worktech
DailyPay, a worktech company and the provider of On-Demand Pay, marks a significant legislative milestone with the enactment of House Bill 1294, which regulates On-Demand Pay (also known “as earned wage access) services in Maryland.” On-Demand Pay is a critical financial tool that empowers hardworking… Read More
Read more in: Fintech, Politics, Legal & Regulation | Tagged dailypay, ewa, legislation, maryland, on-demand pay, us, worktech
DailyPay, a worktech company and a leading provider of On-Demand Pay (also known as earned wage access), marks another regulatory achievement as Indiana becomes the latest state to sign into law legislation regarding the product. Indiana’s HEA 1125 codifies the industry’s best practices “into law,… Read More
Read more in: Fintech, Politics, Legal & Regulation | Tagged dailypay, ewa, financial wellbeing, worktech
Velocity Global, which claims to be the world’s expert on work, announced that it has successfully opened new entities in El Salvador and Georgia, “allowing customers easy and compliant access to talent in these economies.” The new entities will open opportunities for organizations and local… Read More
Read more in: Fintech, Global, Regtech & Legaltech | Tagged el salvador, georgia, Velocity Global, worktech
DailyPay, a Worktech company in the earned wage access (EWA) sector, and Carahsoft Technology Corp., a government IT Solutions Provider, announced a partnership to bring earned wage access to the Public Sector. Under the agreement, Carahsoft will serve “as DailyPay’s Master Government Aggregator, making the… Read More
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Issuer processing Fintech Enfuce announces a partnership with French worktech unicorn, Swile to launch an employee benefits card in France that is set to transform the entire employee benefits space. The new all-in-one card integrates different employee benefits, “from lunch and gift vouchers to travel… Read More
Read more in: Fintech, Global | Tagged Enfuce, france, swile, worktech
DailyPay, a worktech company and the leading provider of earned wage access, celebrates a significant milestone as South Carolina Governor Henry McMaster signed Senate Bill 700 into law on May 21, 2024. This legislation received bipartisan support and “created a new license for earned wage… Read More
Read more in: Fintech | Tagged dailpay, ewa, south caroline, worktech
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