Jason Lee is a fintech entrepreneur and the Founder and CEO of DailyPay, the current market leader in the on-demand pay software sector.
A financial engineer by training, Mr. Lee spent nearly two decades on Wall Street creating numerous new products and markets to manage areas of risk. In 2015 he disrupted the calcified world of payroll processing by launching a start-up that grew into a premiere enterprise software company that promotes financial wellness.
Jason’s vision for DailyPay was to create products to deepen the relationship between the employer and employee. DailyPay’s mission is to democratize access to pay for the most people, providing them with financial security and peace of mind.
He leads DailyPay’s Management Committee and serves as Chairman for the Board of Directors.
DailyPay has been awarded a Top 500 Human Capital Management Application (#112), Financial Services Platform of the Year (2019), Stevie Award for Financial Company of the Year (2019), and a Top 10 HRMS Tech Company (2018, 2019).
An innovator with a mission, purpose and real results, Jason is a well-known public speaker and author whose work has been featured in Forbes, CNBC, The Wall Street Journal, and Bloomberg. He has been recognized as one of the premier thought leaders in global finance by the International Financing Review and Milken Global Institute. He has also been named one of the Top 20 Digital Innovators in Benefits, and the Gold Winner for “Innovator of the Year” for the 2020 CEO World Awards. Mr. Lee had joined HR.com Advisory Board in October 2020.
Throughout Jason’s long-standing career in the financial services industry, he has served as Chairman of the Board of SafeSpace, a social services nonprofit based in New York City dedicated to family rights advocacy. Mr. Lee co-founded The Alicia and Jason Lee Foundation with his wife, Alicia, in 2020.
Mr. Lee is an ardent supporter of organizations focused on fair representation, equity, and re-entry including The Kalief Browder Foundation, House of Renewed Hope, Innocence Project, and Defy Ventures, all of which focus on the rights of the falsely accused, in particular for those who do not have the resources or means for fair representation.
Mr. Lee graduated from the University of Pennsylvania. He lives in New York City with his wife Alicia and their kids.
CFPB Earned Wage Access Approval Order – an explanation why it was issued and granted.
On 11/30/2020 the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion regarding certain types of earned wage access (EWA) providers. In the document, the CFPB also provided an opinion on a legally ambiguous form of earned wage access that requires an employee to repay advances from a vendor. In the opinion, the CFPB indicates…
Why is it that those with the least wealth are often required to front the money for the essentials needed to perform their jobs? That’s a question that struck me one night when ordering pizza. At the time, I was working as a financial engineer on Wall Street. As I folded my slice in half,…