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DailyPay secures $200M through a new financial asset class, aiding workers' access to earned wages.
DailyPay, a company offering on-demand pay services, has secured $200 million through its first asset-backed securitization, backed by top financial institutions.
This move creates a new asset class and enhances DailyPay's ability to help employers offer workers immediate access to earned wages, aiming to help millions avoid living paycheck-to-paycheck.
The transaction underscores strong investor interest in DailyPay's innovative financial solution.
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DailyPay asegura $200 millones a través de una nueva clase de activos financieros, ayudando al acceso de los trabajadores a los salarios ganados.