Earned Wage Access Provider Zayzoon Raises $25.5M To Bring Financial Flexibility And Empowerment To All Employees As A Standard Benefit

Company

Location

About

Though almost all of the company's funding has originated from Canadian investors, the more than 3,000 businesses using ZayZoon to offer their employees quicker access to pay are located in the United States. Partnerships like these have enabled ZayZoon to provide its services to thousands of employees at franchises like McDonald's, Burger King, Senior Helpers and Choice Hotels. Furthermore, it enables ZayZoon to pursue hiring for key roles across Growth, Operations and Engineering. ZayZoon, a provider of voluntary benefits that allows employees across the United States to instantly access their earned wages on-demand, is pleased to announce a series of financings that total $25.5 million in aggregate, consisting of $12.5 million in equity and $13 million in a new credit facility with ATB Financial.