DailyPay

DailyPay is reimagining the way money moves from the moment work starts. For decades, employees were controlled by the invisible rules of money. These rules, written and enforced by an analog 20th-century payroll structure, have forced the majority of the American workforce to turn to predatory financial products when short on cash to make ends meet or to pay for an emergency expense. To tackle these challenges, DailyPay built a new financial system that’s centered around the employee. Our first-of-its-kind technology platform gives our users a real-time accumulating balance of available funds as they work throughout the pay period. We have seen DailyPay users, who once relied on overdraft and credit to make it to the next payday, begin to save their hard-earned pay before payroll is even run. By putting money in the hands of the people when they need it and when they earn it, we can break the negative cycle of financial stress that has endured for too long.