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DailyPay, the leading worktech platform providing On-Demand Pay and financial wellness solutions, announced that Nelson Chai has been appointed Chief Executive Officer.
Chai brings more than three decades of leadership experience in top executive posts at some of the world’s most recognized financial and technology companies including Uber, where, as CFO, he drove financial transformation and led the company’s IPO. He also previously served as CEO of The Warranty Group, President of CIT Group, CFO of Merrill Lynch, and CFO of NYSE, among other executive roles. Chai joined DailyPay earlier this year as Executive Chairman, working closely with the Board and leadership team to refine its growth vision.
“As DailyPay’s strategy has advanced to encompass employee financial wellness, Nelson is the right leader for this next stage of growth. His experience at the leading edge of FinTech, and his knowledge of consumer markets, will foster further expansion and enhance our ability to deliver new offerings and even greater value for employers and employees alike,” said CeCe Morken, newly elected DailyPay Board Chair.
“With mounting demand to evolve employee pay across the global workforce, DailyPay is at the forefront of a growing movement to enable companies to provide specific and customized benefits,”
