New $195 Million Credit Facility
DailyPay secures $195 million through a new senior secured revolving credit facility, strengthening financial stability and supporting business growth initiatives.
05/01/2026
DailyPay Announces New $195 Million Credit Facility
On January 5, 2026, DailyPay, a leading provider of on-demand payroll solutions, announced a new $195 million senior secured revolving credit facility. The funds will be used to strengthen working capital, maintain operational flexibility, and support the company’s strategic initiatives. The new facility provides DailyPay with substantial liquidity access, enabling accelerated growth and further development of instant payment solutions for its clients and partners.
Strengthening Financial Foundation and Growth Opportunities
This financing move reflects DailyPay’s strategic approach to capital management and financial resilience. With a $195 million credit line, the company gains flexibility to expand its business, invest in technology, and meet the increasing demand for instant payroll services. The announcement underscores DailyPay’s commitment to maintaining its leadership in fintech and innovative solutions for employees and employers alike.
Want to suggest a publication?
Leave a request and we will contact you
