DailyPay, an on-demand pay platform, has raised $75M in Venture funding led by Carrick Capital Partners. Founded by Jason Lee and Robert Law in 2015, DailyPay has now raised a total of $264M in reported equity funding. In conjunction with the announcement, DailyPay also announced $100M in additional funding as an expanded credit facility.
One platform is taking on the billionaires at their own game, buying up and fractionalizing some of history's most prized blue-chip artworks for its investors. It's called Masterworks. Their nearly $1 billion collection includes works by greats like Banksy, Picasso, and Basquiat, all of which are collectively owned by everyday investors. When Masterworks sells a painting - like the 16 it's already sold - investors could share in the profits.
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