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Startup Zone

Promise $20m Series A (Devin Coldewey at Techcrunch)

Promise Pay, a technology platform that aims to reform the criminal justice system, has raised $20 million in Series A funding from Kapor Capital and XYZ Venture Capital, bringing their total funding amount to $48.1 million. Website: https://www.promise-pay.com/ Founded in 2017 by Phaedra Ellis-Lamkins and Diana Frappier, Promise provides an end-to-end solution for pretrial justice […]

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Startup Zone

DailyPay raises $325M in debt funding

DailyPay raises $175M Series D and $325M for debt financing. At the time this article was written, the company’s current valuation is $1B+. Luisa Beltran/Barron’s Online The company has been a huge success since its founding in 2013 by Jessica Mah, an entrepreneur. It is a working partner with growing numbers of businesses like Walmart, United Parcel Service, Adecco […]

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