DailyPay, a leading fintech in the on-demand pay vertical announced it has raised $260 million in funding to support domestic and worldwide expansion as well as more product innovation. The funding came in the forms of a new term loan provided by SVB Capital and a Neuberger Berman-run fund, and a revolving credit facility provided by Barclays and Angelo Gordon.

DailyPay Announces $260 Million in New Funding