Payroll services provider DailyPay prepares for 2025 US IPO, sources say
DailyPay, a financial services firm that helps workers access their pay early, has kicked off preparations for a potential U.S. stock market listing that could come as soon as the second half of the year, according to people familiar with the matter.
The New York-based company is in talks to hire investment bankers for its planned initial public offering that could value the company between $3 billion and $4 billion, the sources said.
The sources, who requested anonymity as the discussions are confidential, cautioned that DailyPay's IPO plans are subject to market conditions and have not been finalized.