The HR industry’s preeminent provider of a daily pay benefit will
scale its operation in the Midwest to accommodate rapid growth nationwide
NEW YORK–(BUSINESS WIRE)–DailyPay,
the pioneer in providing instant access to earned wages, today announced
the opening of its second location in Minneapolis, MN. The office will
support approximately 100 new employees across DailyPay’s payment
services and customer support teams.
“We created DailyPay to enable employers to offer their employees access
to earned wages, resulting in dramatically improved financial security
for their employees,” said Jason Lee, CEO of DailyPay. “Since then,
DailyPay has experienced exponential growth as we see extraordinary
demand from best in class employers to offer this benefit. We are
excited to open our second office in Minneapolis to continue to serve
the needs of our employer partners and their employees.”
In determining the location for its second office, DailyPay
strategically selected Minneapolis for its proximity to existing
employer partners, strong talent pipeline and shared passion for
business innovation and entrepreneurship. Minneapolis represents the
value and mission-driven environment of DailyPay, and is home to a
number of disruptive companies focused on creating solutions that
positively impact people.
“We’re thrilled to have DailyPay join our thriving community of
financial and technology startup companies in Minneapolis,” said
Minneapolis Mayor Jacob Frey. “We strive to foster an inclusive,
innovative, and entrepreneurial culture where companies like DailyPay
can continue their momentum.”
Since launching in 2016, DailyPay’s New York headquarters has grown to
over 100 employees. DailyPay intends to more than double its employees
by the end of year and has already started recruiting talent for its
second office, which will be led by a Vice President of Payment
Operations.
About DailyPay
DailyPay is the pioneer in providing employees instant access to earned
wages across a wide range of industries, including quick service
restaurants, hospitality, retail, healthcare, and other services. One in
six Americans now have access to DailyPay through payroll service
partners like ADP, Smartlinx, and other HR technology providers who
offer the daily pay product to their customers. With DailyPay, employees
can pay bills on time and avoid late fees, helping them reach their
financial goals. Companies have reported that DailyPay increases
employee engagement and retention and helps to support recruitment.
DailyPay is backed by leading venture capital firms and world-class
strategic investors. The company is headquartered in New York. For more
information about DailyPay, visit dailypay.com
or follow @DailyPay
on Twitter.
Contacts
Sehrish Sayani
[email protected]
