DailyPay is a hypergrowth New York based technology company that works with enterprises and Fortune 500 companies in just about every industry from healthcare to restaurants to retail to ensure that money is always in the right place at the right time for employers, merchants and financial systems.
In 2016, we embarked on a mission to build a new financial system that starts working, the minute work starts. For too long, the way money moves has been controlled by a set of invisible rules - invisible rules that just make all of our lives harder.
● Rules that say that even if you work and earn every day, you still get only paid for some reason once every two weeks.
● Rules that prevent merchants from actually connecting with their shoppers at the right moment, when they actually want to buy something.
● Rules that decide who can and who can’t open up the best bank account for themselves.
We built a technology platform to reimagine the way money moves. And we launched it with on-demand pay and the concept of this simple but powerful thing we call the pay balance - our first of its kind technology platform combines a massive data network with tens of millions of nodes, over six thousand connections with endpoints in the banking system, and a unique and proprietary funding model that results in a consumer knowing her pay balance, a balance like any other balance, which is your money. Usable, consumable, spendable, saveable.
We see this as a win-win-win. We’re creating this powerful technology platform, employers using ODP are keeping employees as much as 72% longer and hiring 52% faster and employees are saving up to $1200 a year on fees they would have had to pay in overdraft fees, late fees and pay day loan rates.
For more about DailyPay, visit www.dailypay.com.