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Syndicate of Lenders Provide DailyPay with $260MM Capital to Fuel Growth

DailyPay secured $260 million of capital. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed by Neuberger Berman.

Barclays Provides $300MM Revolver to DailyPay

DailyPay, a technology platform, secured a $300 million revolving credit facility from Barclays. The revolving credit facility will provide DailyPay access to capital to service its roster of partners, including many employers in the United States.

March 18, 2022 Barclays | DailyPay | Ghani Iberraken | Jason Lee Phil Neuffer

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Syndicate of Lenders Provide DailyPay with $260MM Capital to Fuel Growth

Barclays Provides $300MM Revolver to DailyPay