ZayZoon Raises $25.5M in Equity and Debt Funding

CANADA – ZayZoon, a Calgary, AB, Canada-based provider of voluntary benefits that allow employees across the United States to instantly access their earned wages on-demand, raised $25.5M in aggregate.

The round consisted of: The company intends to use the funds to further expand product offering beyond Wages On-Demand and into additional products and services that financially improve employee outcomes & financial wellness, and to pursue hiring for key roles across Growth, Operations and Engineering.ZayZoon provides a payroll integrated technology platform that enables businesses to give their staff access to a program that includes: Wages On-Demand, Financial Education and a Prepaid Spending Card. 05/08/2022