ZayZoon

“Our first eighteen million dollars of capital was 99% Calgary based high net worth angel investors and family office. So we didn't actually take VC capital until our series series A. And then, or series, series B. Sorry, we didn't take, take venture capital in…”

“COVID hits our re our revenues plummet at 70% overnight because everyone's, like, shelter in place. Like, no one's working. If people aren't working, we have no one to advance pay early to. And so, twenty-twenty was a crazy year where we basically had, like, a…”

“And what you're saying is probably going to be the re reality in, in five, seven years.”

“I think like the unlock that people look for is like, what's the one thing that's going to give me like this crazy amount of conversion or this crazy amount of, you know inbound interest. When in reality for us, it was like, we just needed to be really, we nee…”

“Zayzun was first to do this with an actual payroll company using that payroll integration as a way to extend those funds.”

“In reality, I think when we look at all the personas of our business, the payroll company, the employer, the employee you know, we probably didn't experience product market fit truly until the end of 2019.”

“Payday loans are really expensive because of three reasons. One brick and mortar. So, so just being storefront. To old school administrative practices, they have just like terrible ways of collecting data, terrible ways of processing that data. And then third,…”

“Like now, now we charge anywhere from zero dollars to five dollars.”

“Half the time or more than half the time, I didn't even take collateral. And so a lot of it was just like pure trust. And I did over a quarter million dollars of these loans for an age of Call it 16, 17 to about 23.”

“We can say that. Yes, we can say that. I don't want to get too specific on, on numbers.”