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      DailyPay Launches $200 Million Asset-Backed Securitisation

      DailyPay, a prominent provider of On-Demand Pay solutions, has initiated a $200 million asset-backed securitisation (ABS) of its On-Demand Pay receivables. This move is part of the company's strategy to enhance its financial flexibility and support its growth in the rapidly evolving payroll technology sector.

      The securitisation allows DailyPay to convert its receivables into immediate capital, which can be used to invest in further innovations and expand its services. As the demand for flexible payment solutions continues to rise, DailyPay aims to solidify its position as a leader in the On-Demand Pay market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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