EWA focused Worktech DailyPay Expands Secured Credit Facility

Worktech DailyPay, a key player focused on on-demand payroll and employee financial wellness services, has closed a $200 million expansion of its secured credit facility. The amendment lifts the facility’s total committed capacity to $960 million, enabling the company to scale operations as demand for its wage-access platform continues to accelerate.This latest funding round directly supports the rapid expansion of DailyPay’s core offering, which allows workers to access wages they have already earned befor ...