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How DailyPay CEO Nelson Chai grew DailyPay to $235M revenue with a 977 person team in 2024.

DailyPay is an American technology company that provides payroll services such as on-demand pay, allowing employees to access earned wages before payday.

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DailyPay Revenue

In 2024, DailyPay's revenue reached $235M. Since its launch in 2015, DailyPay has shown consistent revenue growth.

DailyPay Revenue GrowthReported revenue / ARR by year$0$50M$100M$150M$200M$250M201520172019202120232024$0$235MSource: GetLatka.com
YearMilestone
2024DailyPay Hit $235m revenue in December 2024
2015Launched with $0 revenue

DailyPay Valuation, Funding Rounds

DailyPay has not publicly disclosed its valuation. The company has raised $950M in total funding to date.

DailyPay has raised $950M in total funding across 4 rounds, most recently a $75M None round in 2024.

DailyPay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$400M$800M$1B$2B$2B2015201720192021202320242015 cumulative: $0 • 2015 Founded: $02022 cumulative: $500M • 2015 Founded: $0 • 2022 None: $500M2023 cumulative: $675M • 2015 Founded: $0 • 2022 None: $500M • 2023 None: $175M2024 cumulative: $875M • 2015 Founded: $0 • 2022 None: $500M • 2023 None: $175M • 2024 None: $200M2024 cumulative: $950M • 2015 Founded: $0 • 2022 None: $500M • 2023 None: $175M • 2024 None: $200M • 2024 None: $75M @ $2B valuation$950M2015 Founded: $0 valuation2024 None: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2024None$75M$1.8B4%
2024None$200M--
2023None$175M--
2022None$500M--

DailyPay Employees & Team Size

DailyPay employs approximately 977 people as of 2026.

DailyPay has 977 total employees in different roles and functions.

DailyPay Team GrowthReported headcount over time02505007501,0001,25020152017201920212023202500977977Source: GetLatka.com
YearMilestone
2025Reached 977 employees (November 2025)

Founder / CEO

Nelson Chai

Nelson Chai is listed as Founder / CEO at DailyPay.

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Customers

We do not have customer count information for DailyPay yet.

Frequently Asked Questions about DailyPay

What is DailyPay's revenue?

DailyPay generates $235M in revenue.

Who founded DailyPay?

DailyPay was founded by Nelson Chai.

Who is the CEO of DailyPay?

The CEO of DailyPay is Nelson Chai.

How much funding does DailyPay have?

DailyPay raised $950M.

How many employees does DailyPay have?

DailyPay has 977 employees.

Where is DailyPay headquarters?

DailyPay is headquartered in New York, New York, United States.

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Compare DailyPay to the industry

DailyPay operates across multiple industries. Browse revenue, funding, and growth data for DailyPay in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

DailyPay Revenue 2024: $235M ARR, $950M Raised