Companies Leveraging DailyPay are Better Suited to Tackle Labor Challenges, According to New Mercator Advisory Group Research
As America Reopens, New Mercator Study Reveals that DailyPay Clients See Bottom-Line Improvements in Employee Productivity and Engagement, Fueling Economic Recovery
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NEW YORK, April 21, 2021 /PRNewswire/ As American businesses reopen, forward-thinking companies are leveraging DailyPay, the leader in on-demand pay, to gain an advantage over their competitors and maintain successful operations. This news comes out of a recent study of over one million employees across 10 industries that play a key role in America s economic comeback.
In between blasts of arctic air and record snow falls, we are starting to see state legislatures emerge from their winter hibernation and introduce new legislation. With regard to.
Thursday, February 11, 2021
In between blasts of arctic air and record snow falls, we are starting to see state legislatures emerge from their winter hibernation and introduce new legislation. With regard to Earned Wage Access (EWA), first out of the cave in 2021 is South Carolina who earlier this week introduced S. 532 which would authorize EWA providers to operate in the state.
The legislation focuses exclusively on employer-integrated business models. It uses the term “earned income access” instead of “earned wage access” because it covers both employers and other persons who are contractually obligated to pay consumers for labor or services (called “obligors”). This means the bill encompasses independent contractors and the “gig” economy as well as traditional employees. Under the proposed law, the provision of EWA services would not be considered a form of lending.
GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 million seed round
GajiGesa, a fintech company that offers Earned Wage Access (EWA) and other services for workers in Indonesia, has raised $2.5 million in seed funding. The round was co-led by Defy.vc and Quest Ventures. Other participants included GK Plug and Play, Next Billion Ventures, Alto Partners Multi-Family Office, Kanmo Group and strategic angel investors.
The company was founded last year by husband-and-wife team Vidit Agrawal and Martyna Malinowska. Agrawal was Uber’s first employee in Asia and has also served in leadership positions at Carro and Stripe. Malinowska led product development at Standard Chartered’s SC Ventures and alternative credit-scoring platform LenddoEFL.