Yahoo Finance Panel with Jason Lee, CEO of DailyPay

HOME

MAIL

NEWS

FINANCE

SPORTS

ENTERTAINMENT

LIFE

SHOPPING

YAHOO PLUS

Try it free

MORE...

50

Search for news, symbols or companies Finance

Watchlists

My Portfolio

Screeners

Yahoo Finance Plus

Markets

News

Personal Finance

Mail

Videos

ZIMMERMANN

$695

$417 VIEW NOW ▶

U.S. markets close in 24 minutes S&P 500

Dow 30

Nasdaq

Russell 2000

Crude Oil

Gold

4,204.26

34,444.01

13,688.97

2,236.08

65.96

1,883.10

+48.40 (+1.16%)

+236.17 (+0.69%)

+217.97 (+1.62%)

+20.81 (+0.94%)

+2.38 (+3.74%)

+6.40 (+0.34%)

5:36

8:02

This startup allows workers to access earned wages early

NYC Kids RISE program expands access to college …

The two biggest risks for equities 8:10

5:17

Super appreciative that you've had me on here.

1:35

How to gauge sustainability of the tech sector rally

United Airlines joins Uber, Lyft, and Shake Shack in COVID-19 …

AppHarvest

This startup allows workers to access earned wages early

ZIMMERMANN $430 $258

Tue, May 18, 2021, 1:26 PM

VIEW NOW ▶

Jason Lee, DailyPay Founder & CEO joins the Yahoo Finance Live panel with the latest on the on-demand pay platform.

Quote Lookup

Video Transcript

TRENDING

VIEW NOW ▶

HOME

MAIL

ZACKFINANCE GUZMAN:SPORTS WelcomeENTERTAINMENT back to Yahoo LIFE FinanceSHOPPING Live. In

NEWS

YAHOO PLUS

1.

Gold Holds Near Four-Month High as Try it free Fund Buying, ETFs Buoy Demand

2.

NYC Kids RISE program expands accessMail to college savings

MORE...

today's startup spotlight, we're taking a look at the intense Search for news, symbols or companies battle that businesses are currently finding themselves in for Finance

Watchlists

talent. As a refresher, right now, we're sitting on what is a My Portfolio

Screeners

Yahoo Finance Plus

Markets

record amount of job openings here in the US. When we look at that, in a very intense battle to fill those openings and entice workers. Employers are not just upping what their employees are paid, but how they are paid with flexible new services.

50

biggest Finance risks for equities News The two Personal Videos

3.

4.

Merkel Says Minsk’s Explanations Aren’t Credible: Belarus Update

5.

GLOBAL MARKETS-Equities rally, dollar falls as inflation concerns grow

And one of those services, DailyPay, lets users tap paychecks in real time so they don't have to wait for payday to roll around. The company just closed a $175 million series D funding round. And for more on that, happy to welcome into our starting spotlight segment here, DailyPay's founder and CEO Jason Lee joins us right now. And Jason, congrats on the round. Good to be chatting with you here. You work with some big names-- McDonald's, Kroger, and some other ones out there. But what are you seeing in terms of those companies and others trying to use your services to attract new talent?

JASON LEE: Sure, well, Zack, thanks for having me today.

Super appreciative that you've had me on here. Maybe just by way of background, DailyPay is the New York-based technology company. And we build software. We work with enterprises, Fortune 500 companies in just about every industry that you can imagine. And very simply, we enable their employees to control the timing of when they get paid.

What we've been able to determine is based on our research, something like one out of every two, call it 53% of current job seekers are actually looking for a job that pays daily. And that should be no surprise kind of emerging from COVID. And so, as we work with the largest enterprises in the country, what we've determined is that offering an on-demand pay benefit is highly differentiated in terms of their ability to attract, retain, and recruit great talent.

Story continues

SHOP NOW ▶

SHOP NOW ▶

HOME

MAIL

NEWS

FINANCE

SPORTS

ENTERTAINMENT

LIFE

SHOPPING

YAHOO PLUS

Try it free

MORE...

50

Search for news, symbols or companies Finance

Watchlists

My Portfolio

Screeners

Yahoo Finance Plus

Markets

News

Popular in the Community

All dressed up for summer

AdChoices

Sponsored

Recommended Stories Bloomberg

Hong Kong Exchange’s New CEO Is Put on Cleanup Duty (Bloomberg) -- The veteran JPMorgan Chase & Co. banker who’s taking the helm at Hong Kong’s exchange has been put on cleanup duty.Chairman Laura Cha has handed Nicolas Aguzin, who takes charge Monday, the ta…

23h ago

Bloomberg

Nasdaq 100 Rallies 2% as Inflation Concerns Ebb: Markets Wrap (Bloomberg) -- Technology shares led gains in U.S. stocks as inflation anxiety appeared to be easing. Bitcoin headed toward its biggest surge since February, rebounding from a weekend rout.All 11 groups in the S&P… 58m ago Ad • HeraldWeekly

This Is The Most Expensive High School In The U.S. Here's which schools price tags made our list, and what exactly goes on inside those schools that makes them so coveted.

Personal Finance

Mail

Videos