Kevin Coop, CEO of DailyPay on Earned Wage Access

 


"My next guest on the Fintech One-on-One Podcast is Kevin Coop, the CEO of DailyPay. The team at DailyPay has created the largest Earned Wage Access (EWA) business on the planet where employees of DailyPay customers can get early access to their earned wages whenever they want. This is a huge deal for those people living paycheck to paycheck...'o we save on average, an end user of DailyPay over $1,000 a year in cost avoidance and fees, it’s a big number, because if you think about the types of things that if you didn’t have access to your money, Peter, and you needed to wait until payday, if you have, and there are businesses that are predicated on late fees, including by the way banks, so there’s overdraft fees. So we have a $3 instant fee, versus you’re gonna have a $20 check bouncing fee, or you have a 5% late fee to your landlord'"

https://www.fintechnexus.com/kevin-coop-ceo-of-dailypay-on-earned-wage-access/

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