Finance
Dailypay expands funding based on transaction data; 72.59% are small merchants in their 20s and 30s
Small merchant fintech company Dailypay is expanding funding for early-stage businesses and young small merchants by using a model that sets financial limits based on transaction data. The company said the approach reflects transaction stability and liquidity rather than guarantees, collateral or past financial records, improving access to finance. Dailypay said 36.24% of its customers are businesses in their first 1 to 3 years, while 72.59% are small merchants in their 20s and 30s.
