DailyPay, the leading worktech platform specializing in On-Demand Pay and employee financial wellness solutions, has named Nelson Chai as its new Chief Executive Officer.
Chai brings over 30 years of executive experience across top-tier financial and technology firms. He has held leadership roles including CFO at Uber, where he oversaw financial transformation and led the company’s IPO, CEO of The Warranty Group, President of CIT Group, and CFO roles at Merrill Lynch and the NYSE. Earlier this year, Chai joined DailyPay as Executive Chairman, helping refine the company’s growth strategy alongside the Board and leadership team.
“Nelson Chai is the ideal leader to guide DailyPay through its next phase of growth,” said CeCe Morken, newly elected DailyPay Board Chair. “His extensive experience in FinTech and consumer-focused markets will strengthen our ability to deliver innovative offerings and create greater value for both employers and employees.”
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Chai highlighted the importance of evolving employee pay to meet modern workforce demands. “DailyPay is at the forefront of providing employees with flexible financial solutions, which in turn benefits employers through more engaged and stable teams,” he said. “I am excited to lead DailyPay at a pivotal time as we continue to innovate, expand our services, and positively impact the financial wellness of frontline workers.”
DailyPay is recognized as a market leader in earned wage access (EWA), helping employees access wages on demand. These solutions have consistently demonstrated benefits in improving employee engagement, retention, and financial wellbeing.
Chai succeeds Stacy Greiner, who has overseen consistent growth and profitability at DailyPay. Greiner will continue in an advisory capacity. “I am proud of the leadership DailyPay has established and the positive impact we make for employees and employers alike,” Greiner said.
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