Core Insights - DailyPay has appointed Nelson Chai as the new CEO, succeeding Stacy Greiner, who will remain as an advisor [2] - The leadership change aligns with DailyPay's strategy expansion to include financial wellness solutions alongside on-demand pay [2] - Chai's extensive experience in FinTech and consumer markets is expected to drive growth and enhance service offerings [3] Leadership Transition - Nelson Chai takes over as CEO from Stacy Greiner, who will continue as an advisor [2] - CeCe Morken, the new board chair, emphasized Chai as the right leader for the company's next growth phase [2] Strategic Expansion - DailyPay is evolving its offerings to meet the growing demand for customized employee pay solutions [4] - The company aims to enhance employer engagement and workforce stability through innovative benefits [4] Product Development - Recent additions to DailyPay's offerings include a financial wellness tool called Credit Health, which provides credit scores, reports, and monitoring [5] - The company has expanded its earned wage access services to the UK, marking its first international expansion [5] - An international remittance feature has also been added to DailyPay's platform [5]