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New Deal


Announced

Completed

Carrick Capital Partners led a $75m Series D round in DailyPay.

Financials

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Transaction Value£59m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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payment solutions

FinTech

fintech

United States

Acquisition

Domestic

Minority

Private Equity

Private

Completed

Friendly

Single Bidder

Synopsis

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Carrick Capital Partners, a private equity firm, led a $75m Series D round in DailyPay, an on-demand pay company. "DailyPay's employer-integrated on-demand py platform is putting power back in the hands of the worker by allowing them to track, transfer, spend or save their pay as they earn it. This latest equity capital raise, from both long-time institutional investors and new financial partners, underscores DailyPay's strength and market-leading position. We are eager to capitalize on this momentum as we continue to revolutionize the future of pay," Kevin Coop, DailyPay CEO.

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