ZayZoon, a Calgary, Alberta, Canada-based provider of Wages On-Demand and employee financial payroll solutions, raised $15m in funding.
The round was led by a consortium of institutional and private capital providers, including Prairie Merchant Corporation and Bluesky Equities Ltd.
The company intends to use the funds to continue to expand its business reach.
Founded in 2014 by Darcy Tuer, CEO, and Tate Hackert, President, ZayZoon partners and integrates with payroll companies and employers to provide employees with a financial wellness platform, featuring access to Early Wages On-Demand, which gives control over paycheck and enhance productivity.
Early Wages service is available to more than 2 million employees across North America.