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DailyPay Announces New $195 Million Senior Secured Revolving Credit Facility
DailyPay, the leading On-Demand Pay platform and financial wellness solution, today announced the closing on December 30, 2025 of a new $195 million senior secured revolving credit facility, further strengthening the company’s capital position and providing greater financial flexibility to support long term growth.
“This new facility strengthens our balance sheet, enhances our financial flexibility and enables us to make focused investments in our future growth,” said Deepa Subramanian, Chief Financial Officer, DailyPay. “The additional financing demonstrates the strength and scalability of our business model and validates the critical role DailyPay holds in modernizing the employee pay experience.”
JPMorgan Chase Bank, N.A. serves as administrative agent and sole bookrunner for the lender group.
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Slash Achieves Unicorn Status Following $100m Series C Fundraise
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spektr Raises $20M Series A to Eliminate Manual Compliance Work Across Financial Services
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SolvaPay Raises €2.4M and Launches the World’s First Payment Layer Built for the Agentic Economy
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Wamo Closes €10m Series A to Power European SMEs
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TSAM London: Finastra Talks Operational Efficiency and Achieving Seamless Connectivity
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A Decade (Plus!) of Innovation: IFGS 2026 Proves the UK is Still the Beating Heart of Global Fintech
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Ethos Collaborates with Liberty Mutual to Deliver a Modern, Digital-First Life Insurance Experience
Ethos and Liberty Mutual Insurance, announced they are working together to expand the reach of Liberty Mutual's direct-to-consumer life insurance offering
Simply Business Launches Insurance App for Small Businesses in ChatGPT in the U.S.
Simply Business, a digital insurance marketplace for small businesses, announced the launch of its business insurance app in ChatGPT in the U.S
Germany’s Akbank AG Successfully Completes First Phase of Core Banking Migration to Mambu in Partnership With Innovance
Akbank AG has successfully completed Phase 1 of its core banking transformation, to the leading SaaS cloud banking platform Mambu
Hippo Appoints its EVP & Chief Strategy Officer Stewart Ellis to Its Board of Directors
Hippo announced the appointment of its current EVP and Chief Strategy Officer and former Chief Financial Officer, Stewart Ellis, to the Company's Board of Directors
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