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DailyPay Announces New $195 Million Senior Secured Revolving Credit Facility
DailyPay, the leading On-Demand Pay platform and financial wellness solution, today announced the closing on December 30, 2025 of a new $195 million senior secured revolving credit facility, further strengthening the company’s capital position and providing greater financial flexibility to support long term growth.
“This new facility strengthens our balance sheet, enhances our financial flexibility and enables us to make focused investments in our future growth,” said Deepa Subramanian, Chief Financial Officer, DailyPay. “The additional financing demonstrates the strength and scalability of our business model and validates the critical role DailyPay holds in modernizing the employee pay experience.”
JPMorgan Chase Bank, N.A. serves as administrative agent and sole bookrunner for the lender group.
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- CLS Appoints Six New Board Directors Read more
- Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
- SumUp Launches in Canada Read more
- European Fintech Association Elects New Board of Directors Read more
- G+D: Navigating the Future of Fintech Agility and Innovation Read more
LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services
LUMIQ today announced a strategic funding round to scale auto-decisioning for financial institutions across the United States and Southeast Asia
Sovra Raises $2M+ Pre-Seed
Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding
Monument Technology Closes £18 Million Fundraising Round
Monument Technology has today (17th June 2026) announced the successful close of its seed funding round at more than £18 million
Ripple Participates in Flutterwave’s Series E With Strategic Investment to Accelerate African Stablecoin Payments
Flutterwave announces a strategic investment from Ripple marking the definitive next phase of Flutterwave’s long-term stablecoin strategy
Flagright Raises $12.5m Series a to Define the AI Operating System Category for Financial Crime Compliance
Flagright is announcing it has raised a $12.5M Series A to accelerate their position as the enterprise standard for financial crime compliance by expanding explainable AI
Interchecks Secures $50M Series C to Expand Instant Payments Infrastructure; Launches Account Funding Transactions
Interchecks a leading instant payments platform serving sportsbooks, fintechs, and financial institutions, today announced a $50 million Series C
Fraudio Raises New Funding Led by Alea Capital Partners to Scale AI Fraud Detection
Fraudio has raised a new funding round led by Alea to accelerate its international expansion and further develop its AI-powered fraud detection technology
CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.
FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements
FreeAgent, the innovative accounting technology company, has launched a new feature into its landlord software, enabling landlords and accountants to harness artificial intelligence to input and reconcile data from letting agent rental statements.