Former WeWork Inc. legal and compliance chief Jared DeMatteis has landed a top post at DailyPay Inc., an on-demand payroll services startup.
DeMatteis, who stepped down last month from WeWork, is DailyPay’s first chief legal and strategy officer, the company said Tuesday. He oversees DailyPay’s legal, compliance, regulatory, policy, and corporate development functions.
DailyPay is one of several new third-party pay providers that have gained popularity and faced regulatory scrutiny in recent years. DailyPay turned down a reported $2 billion takeover bid last year by Chime Financial Inc., a fellow financial technology company.
DeMatteis spent eight years at WeWork after ...
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