DailyPay, Inc., a NYC-based fintech startup, raised $5m in Series A funding.
The round was led by RPM Ventures with participation from Draper Frontier and Inspiration Ventures.
The company, which has raised a total of $6.5m in total,
Led by Jason Lee, CEO, Rob Law, CTO, and Konstantin Getmanchuk, VP of Enterprise Product, DailyPay provides companies with a solution to make daily payments to employees and contractors.
Started with contractors in the On Demand Economy in 2015, the company has since expanded to employees of more traditional companies.
FinSMEs
06/09/2016