Company Information

Get to know DailyPay, Inc.

Founded in 2015, DailyPay, Inc. is a pioneer in the on-demand pay or Earned Wage Access (EWA) industry. The company partners with employers to offer their workforce the ability to access their earned income as they earn it, rather than waiting for a traditional bi-weekly or monthly payday. DailyPay's mission is to empower employees with greater financial control and reduce financial stress. The service integrates with a company's existing payroll and time management systems, and it is offered as a benefit to employees, who can transfer their earned pay to a bank account, debit card, or pay card for a small fee.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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DailyPay, Inc.

United States

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.