DailyPay, founded in 2015 and headquartered in New York City, New York, has raised about $264 million in funding and reached a $1 billion valuation. The company provides an on-demand pay platform that lets employees access earned wages instantly, improving financial flexibility and job satisfaction. Backed by investors such as Carrick Capital Partners, Section Partners, and EQUIAM, DailyPay integrates with employer systems to streamline payroll processes and drive adoption of earned wage access across major industries.