DailyPay Completes $200M ABS to Fuel Growth and Access
DailyPay, a leading On-Demand Pay and financial wellness platform, has completed its first-ever $200 million asset-backed securitization (ABS), backed by top-tier financial institutions. The transaction marks a significant milestone for both DailyPay and the broader financial services sector, effectively creating a new asset class tied to On-Demand Pay receivables. This securitization strengthens DailyPay’s ability to scale…
