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New Deal


Announced

Completed

Framework Venture led a $15m Series B round in ZayZoon.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Private

Software

Minority

Venture Capital

Completed

Friendly

Single Bidder

employees platform

Canada

Acquisition

Cross Border

Synopsis

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Framework Venture, a venture capital firm, led a $15m Series B round in ZayZoon, a financial empowerment platform, with participation from Export Development Canada and ATB Financial. “This financing will fuel our mission in being a true partner in financial health and workplace engagement to small and midsize businesses. Not only does ZayZoon act as a substantial competitive advantage for the business, but it helps the millions of Americans living paycheck to paycheck get by between paydays and plan for the future," Darcy Tuer, ZayZoon Co-Founder and CEO.

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