Who we are - DailyPay (2024)

Our Mission

To create the world’s next financial system by rewriting the Invisible Rules of Money.

Our Story

2015

DailyPay was founded to give employees access to their pay before payday.

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2016

Raised $5 million during its Series A Round.

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2017

Announced 1 Millionth Payment; launched Emoji Payment Feature.

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2018

Announced $9 Million in Series B Funding.

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2019

Opened the Minneapolis office.

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2020

Reached 100 DailyPay employees.

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2021

Moved Headquarters to 55 Water Street in New York City and opened Belfast office.

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2021

Raised $500 million during its Series D round of funding.

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2021

Reached 500 DailyPay employees. Featured as one of TIME Magazine Best Inventions 2021.

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2022

Launched Friday by DailyPay™, a card that allows you to make $0 fee, instant DailyPay transfers.

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2023

So much more to come as we continue to rewrite the invisible rules of money!

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Meet Our Leaders

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Stacy Greiner

Chief Executive Officer

Who we are - DailyPay (13)

Stacy Greiner

Chief Executive Officer

Stacy Greiner most recently served as the General Manager of the Sales and Marketing Solutions division of Dun & Bradstreet, where she was responsible for all Profit & Loss. Her experience spans Senior Executive roles at Cisco, IBM, and Accenture where she led globally-diverse Product, Marketing, Engineering, and Data & Analytics organizations. Trained as an Aerospace Engineer at Iowa State University, Greiner also holds an MBA from the Massachusetts Institute of Technology (MIT) Sloan School of Management. She sits on the board and serves as a member of the Audit Committee of Proto Labs, Inc.

Read more about Stacy Greiner

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David Dyar

Chief Technology Officer

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David Dyar

Chief Technology Officer

Before joining DailyPay, David served as Senior Vice President of Engineering at BlueCore, an AI-driven retail marketing platform. Prior to that, David was VP of Engineering at Bazaarvoice, the world’s leading site for consumer-generated content. David's extensive experience includes leading engineering functions at startups as well as large enterprises, such as IBM and Fiserv. David holds a master’s degree in computer engineering from George Mason University. In his spare time, he likes to stay in shape and binge Netflix.

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Ken Brause

Chief Financial Officer

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Ken Brause

Chief Financial Officer

Prior to joining DailyPay, Brause was Senior Advisor and Chief Financial Officer of NYSE- and AIM-listed Burford Capital, a leading global finance and asset management firm focused on law. He also previously served as CFO of OnDeck Capital, a NYSE-listed fintech providing loans to small businesses in the U.S., Canada and Australia, as well as technology solutions for banks. Prior to OnDeck, Ken held a number of executive roles at CIT Group, Inc., including Treasurer, CFO of North American Banking, President of Small Business Lending and head of Investor Relations; he also led integration for the acquisition of OneWest Bank. Earlier in his career, he held leadership roles at American General, the Bank of New York and Bankers Trust.

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Jeff Moyer

Chief Revenue Officer

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Jeff Moyer

Chief Revenue Officer

An accomplished senior executive with more than 25 years experience in sales leadership, Jeff joins us most recently from Dun & Bradstreet, where he served as Head of Sales for Western U.S. and Strategic Verticals. He was responsible for a total portfolio of $500 million in sales, and delivered new business of more than $42 million in 2021.

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Jared DeMatteis

Chief Legal & Strategy Officer

Who we are - DailyPay (21)

Jared DeMatteis

Chief Legal & Strategy Officer

Prior to joining DailyPay, Jared served as Chief Legal Officer and Chief Compliance Officer at WeWork, where he led an international department of hundreds of legal personnel executing complex corporate, litigation and policy strategies on a global scale. Prior to WeWork, DeMatteis held positions at WilmerHale and Cravath, Swaine & Moore LLP. He holds a J.D. from Columbia Law School, and a Bachelor of Arts from Columbia University.

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Jon Lowe

Chief People Officer

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Jon Lowe

Chief People Officer

Lowe joins DailyPay after serving as Head of U.S. Human Resources at eToro and Head of Human Resources at Revolut, two prominent global fintech companies. He also spent more than seven years as an HR leader at Amazon. Jon's work as a leader within the HR space was integral in supporting the organizations through periods of hypergrowth and navigating rapidly-evolving talent and business environments.

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Gino Palozzi

Chief Marketing Officer

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Gino Palozzi

Chief Marketing Officer

Gino leads a talented team of marketing professionals committed to our brand promise, continuous improvement, and delivering the engine for sustainable growth. His experience at early-stage and large enterprises, including IBM, Cisco, and Dun & Bradstreet, has helped DailyPay extend our industry leadership and maintain our growth trajectory. He holds a Master of Business Administration from the F.W. Olin School of Business at Babson College and his undergraduate degree from Syracuse University.

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Ed Zaval

Chief Customer Officer

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Ed Zaval

Chief Customer Officer

As Chief Customer Officer, Ed oversees all aspects of DailyPay's professional services, client success, and support operations. His extensive experience in customer advocacy and global service operations, including his recent role as SVP of Global Customer Engagement at Skillsoft, ensures client stakeholder intended business outcomes are fully realized. Mr. Zaval holds a BSEE from the University of Massachusetts.

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Carly Brush

SVP, Business Segment Leader of Enterprise/HCM

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Carly Brush

SVP, Business Segment Leader of Enterprise/HCM

Carly holds end-to-end P&L responsibility for the company's Earned Wage Access business and new ventures serving the company's employer clients, leveraging her extensive experience in building B2B and B2B2C businesses. Her operational, strategic, and business development expertise was cultivated at companies like DoorDash, Apple, and Innosight. Carly holds an MBA from Harvard Business School and a degree from the University of Pennsylvania.

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Jack Rubin

SVP, Business Segment Leader of Consumer Financial Solutions

Who we are - DailyPay (31)

Jack Rubin

SVP, Business Segment Leader of Consumer Financial Solutions

Jack heads our Consumer Financial Solutions business segment, applying his strong background in growth and marketing. His specialization in consumer fintech and general management, developed at Intuit and Procter & Gamble, proves invaluable in his role. A Yale graduate, Jack drives continual innovation in our financial solutions offerings.

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Josh Durodola

VP, International

Who we are - DailyPay (33)

Josh Durodola

VP, International

Josh spearheads DailyPay's international expansion, prioritizing markets and implementing entry strategies to extend our services globally. His background, including GM roles at Whatnot and Better, and experience at McKinsey and Goldman Sachs, informs his strategic approach. Josh holds a BS from Howard University and an MBA from UC Berkeley's Haas School of Business.

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Alexander Haig

VP, Business Segment Leader of Public Sector

Who we are - DailyPay (35)

Alexander Haig

VP, Business Segment Leader of Public Sector

Alex leads DailyPay's Public Sector segment, drawing on his expertise in government programs developed while helping establish BetterUp's government practice. His multifaceted background includes experience at Deloitte and as a combat-decorated U.S. Army Captain. Alex holds both a law degree and an undergraduate degree from Georgetown University.

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Amanda Hayes

VP Business Operations

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Amanda Hayes

VP Business Operations

Amanda leads Analytics, Program Management, and Strategy & Operations, driving strategic initiatives and optimizing cross-functional performance to achieve key organizational goals. Amanda brings a wealth of expertise in finance and consulting, honed through her tenure at PwC and Protiviti. She holds a Bachelor's Degree in Finance and International Studies from Washington University in St. Louis.

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Amanda Hayes

VP Business Operations

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Amanda Hayes

VP Business Operations

Amanda leads Analytics, Program Management, and Strategy & Operations, driving strategic initiatives and optimizing cross-functional performance to achieve key organizational goals. Amanda brings a wealth of expertise in finance and consulting, honed through her tenure at PwC and Protiviti. She holds a Bachelor's Degree in Finance and International Studies from Washington University in St. Louis.

Meet Our Board of Directors

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Adam Boyden

Managing Director, RPM Ventures

Who we are - DailyPay (41)

Adam Boyden

Managing Director, RPM Ventures

Adam is a partner at RPM Ventures. He is a 5x entrepreneur with exits to numerous public companies and was previously the Chief Operating Officer at Social Finance (SoFi). Adam holds an MBA from Stanford University.

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CeCe Morken

Fortune 500 and Public Board Director, Wells Fargo, Genpact, Alteryx, DailyPay

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CeCe Morken

Fortune 500 and Public Board Director, Wells Fargo, Genpact, Alteryx, DailyPay

CeCe Morken is an accomplished software and financial services executive. She is the former CEO of Headspace, and previously spent more than a decade at Intuit where she held senior roles overseeing strategic partnerships, financial services and more. She serves on several public company boards, including Wells Fargo, Genpact and Alteryx.

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Jim Madden

CEO & Co-Chair Investment Committee, Carrick Capital Partners

Who we are - DailyPay (45)

Jim Madden

CEO & Co-Chair Investment Committee, Carrick Capital Partners

Jim Madden is a Co-CEO & Co-Chair of the Investment Committee of Carrick Capital Partners where he directly oversees the sourcing and growth guidance of successful software and software-enabled businesses. Leveraging his deep understanding of sales, operations and corporate governance, Jim works with these companies to create substantial long-term value.

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Andy Sessions

Managing Director, Intercept Ventures LLC

Who we are - DailyPay (47)

Andy Sessions

Managing Director, Intercept Ventures LLC

Andy is General Partner of Intercept Ventures. He has over 25 years of technology company experience, across investing, advising and banking. Andy was a founding partner of Thomas Weisel Partners, the co-founder of Thomas Weisel Venture Partners, and a general partner at TCV. Andy holds a BA from Stanford and an MBA from Harvard Business School.

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Scott Parker

Chief Financial Officer, NationsBenefits

Who we are - DailyPay (49)

Scott Parker

Chief Financial Officer, NationsBenefits

Scott Parker, CFO of NationsBenefits, has joined the DailyPay Board of Directors as an independent board member. Scott Parker brings decades of finance and operations experience at several public companies. Prior to this current role, Scott served as the EVP & CFO for Ryder Systems (R), OneMain Financial (OMF) and CIT Group (CIT). He also was COO & CFO for Cerberus Operating and Advisory Company (COAC). He started his career with GE and spent over 17 years in various financial and operational roles mainly within GE Capital.

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Brett Pitts

Former Head of BMO Financial Group's North American Treasury and Payment Solutions

Who we are - DailyPay (51)

Brett Pitts

Former Head of BMO Financial Group's North American Treasury and Payment Solutions

Brett Pitts brings decades of experience, joining DailyPay’s Board of Directors. With 25 years of experience in banking/financial services and over 30 years in the digital technology space, Pitts most recently served as the Head of North American Treasury and Payments Solutions at BMO Financial Group. Before joining BMO, Brett spent 17 years at Wells Fargo, most recently as the Executive Vice President and Group Head of Digital. Pitts obtained an MBA in Management Information Systems from the Eller Graduate School of Management at the University of Arizona. He received a Bachelor of Business Administration in Marketing and Finance from the University of Texas at Austin.

Our Team is Growing — Join Us to Build a Better Financial System

We’re building a new financial system that starts working, the minute work starts. Each of us believes that the long-term success of our company is 100% dependent on the success of our people — a collection of high-performing individuals who bring diverse experiences, perspectives, and backgrounds to carry out our mission.

See Open Positions

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Awards & Recognition

DailyPay is recognized as the industry leader in on-demand pay with an award-winning workplace and best-in-class product innovation.

View all awards

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DailyPay in the News

Catch up on the latest news, updates and happenings in the world of DailyPay.

See All News

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See Why Top Companies Choose DailyPay

Let's Talk

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Empowering for Employees

Greater financial control with access up to 100% of their DailyPay balance to meet the challenges of unexpected financial disruptions.

Improved planning with visibility to spending and earned pay in one easy-to-use app.

No need for a pre-existing checking or savings account.

Who we are - DailyPay (61)

Simple and Secure for Employers

Minimal change to payroll processes — DailyPay handles it all.

Seamless integration with HCM, payroll, banking and benefit applications.

Enterprise-grade platform that keeps data private and the service running so it's always there when your employees need it.

Trusted by leading Companies

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Who we are - DailyPay (2024)

FAQs

Who we are - DailyPay? ›

DailyPay provides an industry-leading earned wage access platform that gives your employees access to their pay when they want it. DailyPay's EWA Platform boosts employee financial wellness and keeps them more engaged, motivated and happier at work.

Does DailyPay take from your paycheck? ›

Does DailyPay take your whole paycheck? If you did not take any transfers through DailyPay, you will receive your full paycheck on your regularly scheduled payday! DailyPay will never charge a transaction fee for sending you your Remainder Pay. Remainder Pay is what you receive on payday minus any early transfers.

How much does DailyPay give you? ›

DailyPay will deposit the rest of your net pay (after early transfers, early transfer fees, and any taxes and deductions) into your bank account on payday. You won't be able to get all your earnings early with DailyPay. It's likely to be around half of what you earn, especially in the first few weeks.

Why did DailyPay take my money? ›

If you did make DailyPay transfers in the pay period to get your earnings early, then your paycheck will include everything you earned after your DailyPay transfers, any DailyPay fees, tax and other withholdings are taken out.

What is the downside of DailyPay? ›

Disadvantages of Daily Payroll

While the payroll is simpler and doesn't take as long, the costs add up. It costs on average $1.50-$1.90 for each deposit for every employee. If you process a paycheck and deposit it into an employee's account every day, costs can add up quickly. Lack of saving by employees.

Can I borrow money from DailyPay? ›

DailyPay isn't technically a paycheck advance app. Instead, it's an earned wage access (EWA) company. Rather than fronting you the money like most paycheck advance apps, DailyPay gives access to what you've already earned.

How do I get my money out of DailyPay? ›

There is a small ATM-like fee for instant transfers.
  1. 1 Open the DailyPay app.
  2. 2 Tap Start transfer.
  3. 3 Type in how much you'd like to transfer - or tap Transfer it all to get all of your available earnings today - and tap Next.
  4. 4 In the When screen that appears, tap Now.
  5. 5 Check the confirmation screen. ...
  6. 6 Tap Transfer.

Is DailyPay like direct deposit? ›

The DailyPay account (DPA) is a unique bank account that replaces an employee's existing direct deposit account within the payroll system, so that DailyPay can handle all reconciliation of advanced earned pay without requiring you, the employer, to make any changes to your payroll process.

What time does DailyPay direct deposit hit? ›

DailyPay offers two types of transfers: next-business-day (called “Next”) and instant (called “Now”). With instant transfers, money is available instantly, 24/7. With next- business-day transfers, money is received on the next business day. (This applies to any transfers requested after 5:30PM EST.

How many times can you cash out on DailyPay? ›

What transaction limits does the DailyPay Card have?
Transaction TypeFrequency and/or Dollar Limits1
Cash Withdrawal (ATM)35 times per day $515.00 per transaction $515.00 per day
Cash Withdrawal (Over-the-Counter)3$515.00 per transaction $515.00 per day
Total Daily Cash Withdrawal (ATM and Over-the-Counter)3$515.00 per day
11 more rows

What bank does DailyPay use? ›

We use Wells Fargo Bank, N.A. as our partner bank. All DailyPay client accounts are operated by Wells Fargo. So, after your direct deposit information has been updated with your company it should read as a Wells Fargo account.

Can I opt out of DailyPay? ›

You can opt-out of Daily Pay at any time after signing up. If you made a transfer ahead of pay day, Daily Pay will go through one final pay day, passing along any remaining pay to your account on file. Once this pay day has passed and your account balance is covered, your account will be fully canceled out.

Is there a fee for DailyPay? ›

The DailyPay Card is a Visa® prepaid card that offers no-fee, instant access* to your earnings. There are no fees to open the card, no monthly fees, and no minimum balance requirements.

Does DailyPay have hidden fees? ›

No monthly service fee for your account. No fee for direct deposit funds from employers, tax refund or government benefit providers. This is a third-party fee and is subject to change. Fees of up to $5.95 may apply when reloading your card with cash at Green Dot® Network reload locations offering cash reloads.

Does Walmart do DailyPay? ›

The company announced a new “Instapay” service for its 1.4 million workers. The service will allow Walmart workers to access, before payday, half of the wages they have already earned. They can withdraw that pay whenever they'd like to.

Why did my money disappear on DailyPay? ›

If your earnings haven't been updated in the DailyPay app, we're here to help. Typically, there are a few common reasons for this: Weekend (Salaried earnings will never update during the weekend) Day before payday (available earnings goes to $0 so we can send you the remainder pay the following day)

Does DailyPay take a fee? ›

No monthly service fee for your account. No fee for direct deposit funds from employers, tax refund or government benefit providers. This is a third-party fee and is subject to change. Fees of up to $5.95 may apply when reloading your card with cash at Green Dot® Network reload locations offering cash reloads.

Does DailyPay take taxes out? ›

How does DailyPay work? DailyPay looks at your earned wages and calculates an Available Balance - an approximation of earnings based on the hours you've already worked, minus any withholdings (like taxes, garnishments, etc.). As you work during the week, you will build up your Available Balance.

Is DailyPay considered a direct deposit? ›

The DailyPay account (DPA) is a unique bank account that replaces an employee's existing direct deposit account within the payroll system, so that DailyPay can handle all reconciliation of advanced earned pay without requiring you, the employer, to make any changes to your payroll process.

How to stop DailyPay from taking money? ›

How do I close my DailyPay accounts?
  1. Open the DailyPay app.
  2. From the top left of the Earnings tab, tap the menu icon and then Settings.
  3. Tap Close Account.
  4. Read the message and tap Continue.
  5. Select which account you'd like to close.

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