ZayZoon is a financial empowerment platform for SMBs, offering Wages On-Demand and a financial wellness program to improve productivity, employee retention, and recruitment. Founded in 2014 and headquartered in Canada, it recently received a $15.00M Series B investment on 26 March 2024 from Export Development Canada, Framework Venture Partners, Viola FinTech, and Intuit. The platform aims to support employers in increasing their workforce’s resilience, engagement, productivity, and happiness, while also addressing the financial stress that influences a company’s well-being. ZayZoon stands out as a powerful corporate social responsibility tool and offers responsible financial products to improve the health and well-being of employees, ultimately impacting the company’s bottom line positively. With its innovative approach to employee financial wellness, ZayZoon is poised to make a significant impact in the Financial Services and Fintech industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $15.00M | 4 | Viola FinTech, Intuit | 26 Mar 2024 |
Series B | $34.50M | 4 | 19 Sep 2023 | |
Debt Financing | Unknown | - | 19 Sep 2023 | |
Venture Round | $12.50M | 6 | Sanders Lee, Rob Olson +1 | 03 Aug 2022 |
Debt Financing | $13.00M | 1 | 03 Aug 2022 |
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