Fundz

Dailypay Announces $260 Million In New Funding

PRIVATEJan 24, 2023

Amount Raised

$260 Million

Round Type

Funding Round

New YorkFinancial ServicesSoftwareFinanceFintech

Investors

SVB CapitalAngelo GordonBarclays

Description

DailyPay, a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed by Neuberger Berman.

Quick answer

DailyPay raised $260 Million in a Funding Round round, dated January 24, 2023. Investors: SVB Capital, Angelo Gordon and Barclays. DailyPay is based in New York, New York, United States.

How much did DailyPay raise?
DailyPay raised $260 Million in a Funding Round round on January 24, 2023.
Who invested in DailyPay?
SVB Capital, Angelo Gordon and Barclays are named as investors in this round.
What does DailyPay do?
DailyPay is the leader in On-Demand Pay, trusted by the most forward-thinking employers committed to enhancing their employees' financial health.
Where is DailyPay based and how big is it?
DailyPay is based in New York, New York, United States. Fundz records about 980 employees.
Who are the decision-makers at DailyPay?
Fundz holds 3 contacts at DailyPay. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as DailyPay that raised within 45 days of this round, from Fundz verified event records.

  • Conquest Planning raised $18M (Series A) on February 8, 2023.
  • Streamex Corp. raised $603K (Seed) on February 8, 2023.
  • Streamex Corp. raised $2M (Seed) on February 3, 2023.
  • Streamex Corp. raised $234K (Seed) on January 25, 2023.
  • Streamex Corp. raised $1.9M (Seed) on January 23, 2023.
  • Architect raised $5M (Funding Round) on January 20, 2023.

Who to call at DailyPay, and when

A new round usually means DailyPay is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DailyPay raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at DailyPay, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at DailyPay. With Fundz connected, it knows.

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Company Information

Company

DailyPay

Location

55 Water St

New York, New York, United States

About

DailyPay is the leader in On-Demand Pay, trusted by the most forward-thinking employers committed to enhancing their employees' financial health. Our open technology platform delivers instant access to earned wages and a robust suite of financial wellness solutions, giving our partners a decisive edge in attracting, engaging, and retaining top talent. We are transforming how the world gets paid so every worker can meet life's moments with confidence.

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Fundz sees it the moment DailyPay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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ML-powered predictions for DailyPay's next move

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DailyPay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.