ZayZoon nabs $15 mln to advance employee financial wellness

ZayZoon, a Calgary-based provider of employee financial payroll solutions, has secured $15 million in financing. The round was backed by a group of investors, including Prairie Merchant Corp and Bluesky Equities Ltd. Launched in 2014 by CEO Darcy Tuer and President Tate Hackert, ZayZoon partners with payroll businesses and employers to give employees a financial wellness platform, including access to early wages on-demand. The early wages service is currently available to more than 2 million employees across North America, the company reports. ZayZoon said it will use the round's proceeds to further develop its platform.

12 March 2019•3 mins read
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