Tagged: dailypay

Over 3 in 5 Working Americans Feel Anxious About Financial Situation, Survey Reveals

Despite signs of slowing inflation, a majority of working Americans (62%) feel anxious about their current financial situation, according to new Harris Poll research commissioned by BPC’s Funding our Future Coalition and DailyPay among “over 1,300 employed Americans.” This anxiety is “heightened among women (69%).”… Read More

Lutheran Life Communities Partners With DailyPay to Support Generational Workforce with Team Member Benefits

Lutheran Life Communities, a not-for-profit system of continuing care retirement communities and senior services, has partnered with DailyPay—the provider of on-demand pay—as part of its effort “to continuously reciprocate support and care for its healthcare team members.” The decision to implement the on-demand pay benefit… Read More

Northern Regional Hospital to Improve Employee Retention via DailyPay Partnership

Northern Regional Hospital, a healthcare system of choice for the region, has partnered with DailyPay—the provider of on-demand pay—to provide an essential employee benefit to healthcare employees. Through the partnership, Northern Regional Hospital employees will “have the power of choice and control over their earned… Read More

SEJ Services, DailyPay to Provide Employees with a Critical Financial Wellness Benefit

SEJ Services, which claims to be the most-trusted choice for janitorial and facility services throughout the Southeastern United States, has partnered with DailyPay–the provider of on-demand pay. Through this partnership, SEJ Services adds “an essential financial tool to its existing suite of employee benefits allowing… Read More

Fintech DailyPay Announces $260M in New Funding

DailyPay has announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. DailyPay is a Fintech that enables employees to access their earnings in real-time. The funding is “divided between revolving credit facility capacity provided… Read More

Consumer Spending Survey: Two-Thirds of Americans to Spend Same or More on Retail Purchases in 2023

Despite continued inflation and the potential of a recession, 67% of Americans plan to spend either the same or more in 2023 as they did in 2022 “on retail purchases” according to a new survey commissioned by DailyPay and Dollar Tree and conducted online by… Read More

YAI Teams Up with DailyPay to Provide Employees with Financial Wellness Benefits

YAI, a New York-based organization dedicated to providing innovative services for people with intellectual and developmental disabilities (I/DD), has partnered with DailyPay, the provider of on-demand pay. Through the partnership, YAI is among “the first I/DD employers to implement DailyPay for its frontline, direct-care employees.”… Read More

Financial Stress: Majority of Healthcare Workers Find It Stressful to Manage Finances, Survey Reveals

Inflation is taking its toll on America’s healthcare workers, according to an update from DailyPay. A recent Harris Poll, “among over 2,000 U.S. adults of which nearly 200 are healthcare workers, commissioned by IntelyCare and DailyPay reveals that a majority of healthcare workers across the… Read More

DailyPay Survey Reveals Need for Employers to Provide Impactful Financial Benefits to Workers

Inflation and uncertain economic times are “keeping many Gen Zers at home with their families,” according to an update from DailyPay. Around 54% of 18-25-year-olds have “made the choice to live with their parents given the current economic climate,” according to a new study of… Read More

DailyPay Teams Up Veteran-run Coordinated Assistance Network (CAN)

As part of its mission to promote financial equity and inclusion for all working Americans, DailyPay has teamed up with the veteran-run Coordinated Assistance Network (CAN) to “make free financial coaching and counseling available to millions of DailyPay users.” Partnering with America’s employers, DailyPay enables… Read More

DailyPay Introduces “Shifts Worked” Function In Time For Holiday Seasonal Hiring

Just in time for seasonal holiday hiring, DailyPay, the provider of on-demand pay, announced the launch of a new function within its platform. With hourly shift workers in mind, the new ‘Shifts Worked’ tab “helps users understand how much they’ve earned for each individual shift,… Read More

Real-Time Payments: TD Bank Business Clients Can Pay Workers in Real Time

TD Bank, which claims to be America’s Most Convenient Bank, announced the launch of a collaboration with DailyPay, a fintech with an innovative on-demand pay solution. This capability “enables clients to give employees real-time access to earned pay prior to a scheduled payday.” Paul Margarites,… Read More

DailyPay Introduces GPR Card and Mobile App, Supporting Instant On-Demand Pay Transfers

DailyPay, a financial technology company, recently announced the launch of Friday, a  general purpose reloadable (GPR) prepaid card and app, which “unlocks instant no-fee on-demand pay transfers for DailyPay users.” Friday, created in partnership with Visa, the digital payments giant, and The Bancorp Bank, Member… Read More

Fast-Casual Restaurant honeygrow Teams Up with DailyPay to Boost Hiring, Employee Tenure

honeygrow, the Philadelphia-based fast-casual concept, is joining forces with DailyPay – which claims to be the leader in on-demand pay. Through this partnership, honeygrow’s restaurant employees can now “access their earned pay after completing a shift.” Ultimately, DailyPay‘s benefit “allows employees to access their pay… Read More

Legacy Bank PNC Launches On-Demand Pay Solution, PNC EarnedIt

As part of its push into digital financial services, PNC – the 6th largest bank in the US by deposits, has announced the launch of an on-demand pay solution, PNC EarnedIt. Powered by DailyPay, PNC EarnedIt allows users to provide their employees access to earned… Read More

DailyPay Explains How On-Demand Pay Helps Retail Firms, Workers and Customers

The team at DailyPay notes in an update that as so many retailers are struggling to hire and retain workers in an increasingly competitive labor market, many are “turning to new benefit solutions to stand out from the competition.” With 1.5 jobs open for every… Read More

DailyPay Shares Survey Revealing that Financial Anxiety Is Greatest Among Young Americans Aged 18-34

A recent Harris Poll reveals that US consumers are concerned about long-term finances and expect their employer to assist them with preparing financially for the foreseeable future. This study, commissioned by Funding Our Future campaign and DailyPay, polled over 2,000 American adults between the ages… Read More

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… Read More

U.S. Fintech DailyPay Unveils Rewards Solution Enabling On-the-Spot Payments

DailyPay, a U.S.-based gold standard on-demand pay platform, announced on Tuesday plans to launch its REWARD by DailyPay payment solution. According to DailyPay, REWARD by DailyPay gives managers the ability to instantly and effortlessly incentivize their staff with on-the-spot payments for everything from bonuses for… Read More

U.S. Fintech DailyPay Joins Forces With the Bipartisan Policy Center’s “Funding Our Future” Alliance

DailyPay, a U.S.-based SaaS fintech, announced on Wednesday it has joined forces with the Bipartisan Policy Center’s “Funding our Future” alliance of organizations dedicated to making a secure retirement possible for all Americans. According to DailyPay, Funding Our Future campaign is a bipartisan and cross-sector… Read More

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