Nelson Chai Joins DailyPay as Executive Chair

Portfolio - People | Jan 10, 2025 | DFJ Frontier

Nelson Chai Joins DailyPay as Executive Chair

DailyPay, a prominent worktech platform, has appointed Nelson Chai as its new Executive Chair. Chai brings extensive experience from key roles in leading companies, including Uber, where he served as CFO from 2018 to 2023. As Executive Chair, Chai will head DailyPay's Board of Directors, providing pivotal strategic guidance. CEO Stacy Greiner has expressed confidence in Chai's ability to contribute to the company's growth and strategy, given his history of implementing effective growth strategies.

Sectors

  • Financial Technology (FinTech)
  • Human Resources (HR) Technology

Geography

  • United States – DailyPay is headquartered in New York, highlighting its operations and influence primarily within the United States.

Industry

  • Financial Technology (FinTech) – DailyPay operates in the FinTech sector, providing innovative financial solutions for workers and employers through its worktech platform.
  • Human Resources (HR) Technology – DailyPay's services bridge the gap between employees and employers, enhancing payroll processes and employee retention through technology.

Financials

    Participants

    NameRoleTypeDescription
    DailyPayTarget CompanyCompaniesA leading worktech platform that facilitates financial transactions and payroll solutions for workers and employers.
    DFJ FrontierPE FirmCompaniesA private equity firm with investments and interests in companies like DailyPay.
    Nelson ChaiExecutive ChairPeopleAppointed as the Executive Chair of DailyPay with a background as CFO at Uber.
    Stacy GreinerCEOPeopleThe Chief Executive Officer of DailyPay who announced Nelson Chai's appointment.