EWA

ZayZoon Raises $34.5 Million in Series B Funding to Expand EWA, Employer Engagement Platform

Retrieved on: 
火曜日, 9月 19, 2023

ZayZoon , the Earned Wage Access (EWA) provider for small and mid-sized businesses, has raised $34.5 million USD in debt and equity for its Series B financing.

Key Points: 
  • ZayZoon , the Earned Wage Access (EWA) provider for small and mid-sized businesses, has raised $34.5 million USD in debt and equity for its Series B financing.
  • This financing will support recruiting efforts and continued growth and innovation for the company.
  • “This financing will fuel our mission in being a true partner in financial health and workplace engagement to small and midsize businesses,” said Darcy Tuer, Co-Founder and CEO of ZayZoon.
  • This expansive and persistent growth represents a clear and emerging demand for EWA and employee engagement platforms among an SMB audience.

EarnIn Abolishes $22 Million in Medical Debt

Retrieved on: 
火曜日, 9月 19, 2023

EarnIn , a pioneer in Earned Wage Access (EWA), announced today that they have abolished $22 million in medical debt, first supporting $13.9 million for people living in Bexar County, Texas, home to San Antonio, which holds the third largest amount of medical debt in the country.

Key Points: 
  • EarnIn , a pioneer in Earned Wage Access (EWA), announced today that they have abolished $22 million in medical debt, first supporting $13.9 million for people living in Bexar County, Texas, home to San Antonio, which holds the third largest amount of medical debt in the country.
  • Today’s medical debt relief was provided in partnership with RIP Medical Debt , a national nonprofit making a difference in the lives of those struggling with medical debt.
  • This ensures RIP Medical Debt is helping those most financially burdened by the medical debt crisis.
  • Medical debt relief is source-based, meaning the nonprofit can only acquire qualifying debts from amenable providers like hospitals, physician groups or collection agencies and medical debt relief cannot be requested.

The Exceptional Women Alliance (EWA) congratulates Dymeka Harrison on next chapter

Retrieved on: 
火曜日, 9月 19, 2023

LOS ANGELES, Sept. 19, 2023 /PRNewswire-PRWeb/ -- The Exceptional Women Alliance (EWA) congratulates Dymeka Harrison, Exceptional Awardee from Cohort 10, on her new chapter as Chief Commercial Officer at Harbinger Health.

Key Points: 
  • The Exceptional Women Alliance (EWA) congratulates Dymeka Harrison, Exceptional Awardee from Cohort 10, on her new chapter as Chief Commercial Officer at Harbinger Health.
  • LOS ANGELES, Sept. 19, 2023 /PRNewswire-PRWeb/ -- The Exceptional Women Alliance (EWA) congratulates Dymeka Harrison, Exceptional Awardee from Cohort 10, on her new chapter as Chief Commercial Officer at Harbinger Health.
  • As Larraine Segil's legacy, EWA stands as a testament to the power of women supporting women on the less traveled road to success.
  • The Exceptional Women Alliance (EWA) is an invitation only peer mentorship organization where high-potential, high-level Exceptional Women from across multiple industries are hand-selected and invested in, to grow, learn, share, and succeed.

13% More Employees Want Early Access to Wages, Survey Reveals

Retrieved on: 
木曜日, 9月 14, 2023

The annual PAYO survey asked, "Would you be interested in having access to your wages as you earn them rather than receiving them all at once on a standard payday?"

Key Points: 
  • The annual PAYO survey asked, "Would you be interested in having access to your wages as you earn them rather than receiving them all at once on a standard payday?"
  • Earned wage access (EWA) is a tool growing in popularity that allows employees to receive their earned wages from their employers earlier than their regularly scheduled payday.
  • With access to employer-sponsored EWA programs, employees may gain greater financial flexibility and control over their finances.
  • The "Getting Paid In America" survey was held in conjunction with PAYO's annual public awareness campaign National Payroll Week , September 4 – 8.

European Wellness and Heidelberg University Revolutionize Down Syndrome Research, Moving into Neurodevelopmental and Neurodegenerative Studies

Retrieved on: 
火曜日, 9月 5, 2023

The studies promise a paradigm shift in developing personalized rehabilitation strategies and care programs.

Key Points: 
  • The studies promise a paradigm shift in developing personalized rehabilitation strategies and care programs.
  • "Individualized assessment of neuroanatomical landmarks and cognitive skills is paramount for developing effective intervention strategies," commented Heidelberg University's Head of Neuroanatomy, Prof. Dr. Thomas Skutella.
  • Established in 1386, Heidelberg University is Germany's oldest university and a renowned research powerhouse in Stem Cell Research & Immunology in Europe.
  • With 56 Nobel Laureates associated with the institution, Heidelberg University boasts an illustrious history.

European Wellness and Heidelberg University Revolutionize Down Syndrome Research, Moving into Neurodevelopmental and Neurodegenerative Studies

Retrieved on: 
火曜日, 9月 5, 2023

The studies promise a paradigm shift in developing personalized rehabilitation strategies and care programs.

Key Points: 
  • The studies promise a paradigm shift in developing personalized rehabilitation strategies and care programs.
  • "Individualized assessment of neuroanatomical landmarks and cognitive skills is paramount for developing effective intervention strategies," commented Heidelberg University's Head of Neuroanatomy, Prof. Dr. Thomas Skutella.
  • Established in 1386, Heidelberg University is Germany's oldest university and a renowned research powerhouse in Stem Cell Research & Immunology in Europe.
  • With 56 Nobel Laureates associated with the institution, Heidelberg University boasts an illustrious history.

Instant Financial Secures Funding to Propel Payday Revolution

Retrieved on: 
水曜日, 8月 30, 2023

ATLANTA, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Instant Financial, a leading innovator in the financial technology sector, has successfully raised a second funding round led by TTV Capital, a leading fintech-focused venture capital firm, and an original investor in Instant. The funding round also saw participation from ITC Holdings and InComm, along with reinvestment from existing partners who continue to show confidence in Instant's proven business model and unwavering commitment to its mission and vision.

Key Points: 
  • Leading earned wage access company secures investment, indicating growth in consumer demand for instant, fee-free employee pay solutions
    ATLANTA, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Instant Financial , a leading innovator in the financial technology sector, has successfully raised a second funding round led by TTV Capital, a leading fintech-focused venture capital firm, and an original investor in Instant.
  • Instant Financial's successful funding round marks a significant milestone in our journey toward revolutionizing the payday experience.
  • "Instant Financial's successful funding round marks a significant milestone in our journey toward revolutionizing the payday experience," said Tal Clark, CEO of Instant Financial.
  • Following their last funding announcement in April 2018, Instant Financial has made remarkable strides, firmly establishing itself as a key player in the financial technology landscape.

Legion Report Reveals Schedule Flexibility Matters Most for Hourly Workforce Retention

Retrieved on: 
火曜日, 8月 29, 2023

Legion Technologies , an innovator in workforce management (WFM), today released its annual State of the Hourly Workforce Report .

Key Points: 
  • Legion Technologies , an innovator in workforce management (WFM), today released its annual State of the Hourly Workforce Report .
  • The report, which surveyed more than 1,500 hourly employees and 600 managers, details the biggest challenges and opportunities influencing the employment experience, such as the demand for schedule flexibility, access to wages, economic uncertainty and workplace technology.
  • The survey also identified pay flexibility – not just schedule flexibility – as a key motivator for hourly employees: 43% of hourly workers stated they would consider a new job if it meant they had early wage access (EWA).
  • To view the full 2023 State of the Hourly Workforce Report, click here .

XTM Files Q2 2023 Quarterly Financial Results

Retrieved on: 
火曜日, 8月 29, 2023

XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations including fully certified Earned Wage Access (EWA) through its QRails AnyDay™ product announced the filings of its quarterly unaudited condensed consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for Q2 2023 which shows, among other things, a 47% increase in Gross Dollar Value (GDV) over Q2 2022.

Key Points: 
  • XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations including fully certified Earned Wage Access (EWA) through its QRails AnyDay™ product announced the filings of its quarterly unaudited condensed consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for Q2 2023 which shows, among other things, a 47% increase in Gross Dollar Value (GDV) over Q2 2022.
  • This is the highest quarter in the Company’s history, surpassing $143MM in Q1 2023 and an increase of 47% from $116.5M in Q2 2022;
    Revenue of just under $1.6 MM for the quarter ending Q2 2022.
  • This was the strongest quarter for revenue since the Company’s inception, increasing $333K or 26% compared to Q2 2022, and $191K or 13% compared to Q1 2023.
  • The Company began piloting the program on August 1, 2023 with plans for a full roll out before the end of Q4 2023.

The Exceptional Women Alliance (EWA) announces selection of Mary L. Thompson, independent director as a 2023 Awardee

Retrieved on: 
火曜日, 8月 22, 2023

LOS ANGELES, Aug. 22, 2023 /PRNewswire-PRWeb/ -- The Exceptional Women Alliance (EWA) announces the selection of 2023 awardee, Mary L. Thompson, who serves as an independent director on the boards of three companies: Native Microbials, a bio-technology firm where she chairs the Human Capital Committee and is a member of the Audit Committee; WestPak Avocado where she sits on the Human Capital Committee; and Reiser Holdings, a global equipment manufacturer.

Key Points: 
  • The Exceptional Women Alliance (EWA) announces that after an expansive search and in-depth interview process, Mary L. Thompson, independent director, was selected as a 2023 EWA.
  • She served as CEO of $1B+ food and agriculture businesses operating in North America, Asia and Europe.
  • "We are thrilled to welcome her to EWA and look forward to integrating her expertise into our growing network of women!"
  • The Exceptional Women Alliance (EWA) is an invitation only peer mentorship organization where high-potential, high-level Exceptional Women from across multiple industries are hand-selected and invested in, to grow, learn, share, and succeed.