[DailyPay in PR Newswire] DailyPay completes inaugural asset-backed securitization, powering its mission to break the paycheck-to-paycheck cycle for millions of workers

NEW YORK, June 30, 2025 /PRNewswire/ — DailyPay, an industry-leading provider of On-Demand Pay as well as financial wellness solutions, today announced a $200 million asset-backed securitization (ABS) of its On-Demand Pay receivables. This landmark transaction, backed by some of the world’s most prestigious financial institutions, establishes a new asset class and significantly extends DailyPay’s capacity to partner with employers in discontinuing the traditional two-week pay cycle.

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