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.
January 25, 2023
Angelo Gordon | Barclays | DailyPay | Kevin Coop | Latham & Watkins | Neuberger Berman | SVB Capital
Ian Koplin