Company Information

Get to know dailypay

Founded in 2015, DailyPay is a pioneer in the earned wage access (EWA) or on-demand pay industry. The company partners with employers to offer their workforce access to earned but unpaid income. DailyPay's mission is to provide employees with greater financial control and flexibility, helping to reduce financial stress by eliminating the need for high-cost alternatives like payday loans. The platform integrates with employers' existing payroll and time management systems to calculate an employee's available balance in real-time, which can be transferred to a bank account, debit card, or pay card instantly for a small fee.

Industry

Financial PaymentPRIMARY
Financial Other Service

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dailypay

Netherlands

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.