DailyPay

DailyPay is a fintech company founded in 2015 and headquartered in New York City, with operations in Belfast. It provides on-demand earned wage access and financial wellness benefits, allowing employees to access pay as they earn it through integrations with employer payroll and human resources systems. The company describes its purpose as giving American workers greater control over their financial lives and reducing reliance on predatory lending.

The DailyPay On-Demand Pay Platform lets employees track hours, transfer earned wages instantly, save automatically and manage their finances from a single mobile app. It is used by more than 1,000 employer clients, including Fortune 500 companies, and serves millions of users nationwide. Supporting products include the DailyPay Visa Prepaid Card, Savings Jars for automated saving and goal-setting, and Curated Discounts on everyday expenses.

Technically, the company works across earned wage access technology, payments, mobile application development and integration with Human Capital Management, payroll and time management software; it maintains connections with more than 180 such systems. Its employer customers span human capital management, payroll, financial services and employee benefits, as well as retail and hourly-workforce employers. Employers adopt the benefit to support recruitment, retention and productivity while reducing turnover.

DailyPay is venture-backed, holds unicorn status and reports that it is profitable. It was named to TIME's Best Inventions of 2021 and is described as an industry leader and the most widely adopted financial wellness benefit. The company emphasises making financial wellness accessible to workers at all income levels.