New York employees and contractors wage access platform raised $175m led by Carrick Capital.
More than half, or nearly 56%, of the U.S. wage and salary workers in 2020 were paid hourly, the Bureau of Labor Statistics said in February. This means 73.3 million Americans are hourly workers. Employers, however, are finding it harder to fill hourly positions, Lee said. “Employers who offer DailyPay fill their open positions 53% faster than those who don’t,” he said. Companies who need a month to fill an hourly position, could fill that position in two weeks if they offered DailyPay, Lee said.
https://www.barrons.com/articles/dailypay-raises-175-mln-d-round-and-its-now-a-unicorn-51621355832