Calgary’s ZayZoon is a category leader in the Earned Wage Access (EWA) space in the United States, offering the service to tens of thousands of U.S. businesses and millions of American employees. The financial stress epidemic is a Canadian problem as well, so ZayZoon is looking to replicate their U.S. success in Canada. Recent reports […]
ZayZoon
How ZayZoon is Advancing Financial Empowerment for Small Business Employees
Earlier this week ZayZoon announced it had added $20 million to its coffers as an extension to its Series B round. The news came just six months after announcing a previous fundraise, surprising even ZayZoon co-founder and CEO Darcy Tuer (pictured above with co-founders Jamie Ha and Tate Hackert). ZayZoon is an Earned Wage Access […]
ZayZoon Expands Series B Round to $67 Million
Six months after announcing a previous fundraise, Calgary’s ZayZoon has added $20 million to its coffers as an extension to its Series B round. ZayZoon’s Series B round now sits at $67 million. The round was led by Viola Fintech with participation from Intuit Ventures and existing investors Framework Venture Partners, and Export Development Canada […]
3 Calgary Startups Named to List of Canada’s Most Innovative Tech Companies
The Canadian Innovation Exchange has announced the recipients of this year’s prestigious CIX Top 20 Early and Top 10 Growth awards. These awards celebrate the remarkable achievements of Canadian tech companies at both early and growth stages. Selected by a committee of 150+ esteemed global investors, this year’s winners represent various industries, including climate technology, renewable energy, […]
6 Calgary Tech Companies Named Deloitte Technology Fast 50 Winners
Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, Clean Technology and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada for the 26th year. The Technology Fast 50 program recognizes the world-class achievements of Canada’s leading technology companies—highlighting their commitment to innovation, strong leadership, […]
ZayZoon Raises $46 Million to Expand Employer Engagement Platform
Calgary-headquartered Earned Wage provider ZayZoon has raised $46 million in a combination of debt and equity for its Employer Engagement Platform. The Series B round was led by Framework Venture Partners, with co-investment from Export Development Canada (EDC) and participation from ATB Financial as well as existing shareholders. The financing will support recruiting efforts and continued growth and innovation for […]
Thin Air Labs Launches Podcast Featuring Calgary Founders
Calgary’s Thin Air Labs has launched a podcast miniseries called The Founder Mindset. Hosted by Leah Sarich, Thin Air Labs’ Head of Story, the podcast will profile the incredible founders building globally competitive companies in Calgary. This first series consists of 6 episodes that will be released every two weeks and feature conversations with local […]
Fast-Growing ZayZoon Lands Key Partnership with ATB
In 2020, ZayZoon participated in Montreal’s Financial Health Lab, which assists fintech startups that use technology to help improve the financial lives of Canadians by making financial products and services more affordable. The Calgary-based fintech maintained momentum with $25 million in new financing last year. The ZayZoon platform allows employees to instantly access earned wages on-demand with more than 3,000 […]
ZayZoon Secures $25.5 Million To Expand Beyond Wages On-Demand
Calgary fintech ZayZoon has secured $25.5 million in new financing, consisting of $12.5 million in equity and $13 million in a new credit facility with ATB Financial. The ZayZoon platform allows employees across the United States to instantly access their earned wages on-demand with more than 3,000 businesses using ZayZoon to offer their employees quicker access to pay. […]