Second Leading Independent Proxy Advisor Glass Lewis Recommends Payfare Shareholders Vote “FOR” Arrangement with Fiserv
TORONTO, February 4, 2025 – Payfare Inc. (“Payfare” or the “Company”)(TSX: PAY, OTCQX: PYFRF) is pleased to announce that proxy advisory firm Glass Lewis has recommended that Payfare shareholders (“Shareholders”) vote “FOR” the previously announced statutory plan of arrangement (the “Arrangement”) between the Company, Fiserv, Inc. (“Fiserv”)(NYSE: FI) and 1517452 B.C. Ltd. (the “Purchaser”), an […]
Leading Independent Proxy Advisory Firm ISS Recommends Payfare Shareholders Vote FOR the Plan of Arrangement with Fiserv
TORONTO, January 29, 2025 – Payfare Inc. (“Payfare” or the “Company”)(TSX: PAY, OTCQX: PYFRF) is pleased to announce that Institutional Shareholder Services Inc. (“ISS“), a leading independent proxy advisory firm, has issued a report recommending that Payfare shareholders (“Shareholders”) vote FOR the arrangement agreement (the “Arrangement”) between the Company, Fiserv, Inc. (“Fiserv”)(NYSE: FI) and 1517452 B.C. Ltd. […]
Payfare Files Management Information Circular for Special Meeting of Shareholders and Announces Receipt of Interim Order
TORONTO, January 23, 2025 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF) is pleased to announce that it has filed and is in the process of mailing its management information circular (the “Circular”) and related materials for the special meeting (the “Meeting”) of the Company’s shareholders (the “Shareholders”) to be held on […]
Payfare Enters into Definitive Agreement to be Acquired by Fiserv
Toronto, Ontario – December 23, 2024 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF), a leading international Earned Wage Access (“EWA”) company powering instant access to earnings and digital banking solutions for workforces, is pleased to announce that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with 1517452 B.C. […]
Payfare Launches Pronto Providing Earned Wage Access to Canadians
Pronto by PayfareTM helps employers support their workforce with real time access to earnings Toronto, Ontario – November 19, 2024 – Payfare Inc. (TSX: PAY, OTCQX: PYFRF),a leading international Earned Wage Access (“EWA”) company powering instant access to earnings and digital banking solutions for workforces, is proud to announce the launch of its new EWA […]
Payfare Announces Third Quarter 2024 Financial Results
Payfare generated net income of $4.5 million, and Adjusted net income per share1 of $0.17 in Q3 2024 Toronto, Ontario – November 6, 2024 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF),a leading international Earned Wage Access (“EWA”) company powering instant access to earnings and digital banking solutions for workforces, today announced […]
Payfare to Hold Investor Conference Call to Discuss Third Quarter 2024 Financial Results
Toronto, Ontario, October 23, 2024 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF) will be hosting a conference call on Wednesday, November 6, 2024, at 6:30 p.m. ET to discuss the Company’s financial results for the third quarter of 2024. The complete financial results are expected to be released shortly after market close […]
Payfare Initiates Strategic Review Process to Enhance Value
Toronto, Ontario – September 29, 2024 – Payfare Inc. (“Payfare” or the “Company”)(TSX: PAY, OTCQX: PYFRF), a leading international Earned Wage Access (“EWA”) company powering instant access to earnings and digital banking solutions for workforces, today announced that its Board of Directors has initiated, with the assistance of outside legal and financial advisors, a comprehensive […]
Payfare and DoorDash to Not Renew Agreement
Toronto, Ontario – September 26, 2024 – Payfare Inc. (TSX: PAY, OTCQX: PYFRF), a leading international Earned Wage Access (“EWA”) company powering instant access to earnings and digital banking solutions for workforces, today announced that its core services agreement related to DoorDash, Inc.’s DasherDirect card program will not be renewed beyond the current term in […]
Lyft and Payfare Announce Launch of New Features for the Lyft Direct Debit Card and Banking App
Drivers on the Lyft platform now have access to a host of new features including Lyft Direct Savings, Balance Protection, enhanced cashback rewards, and more San Francisco, CA and Toronto, Ontario – August 27, 2024 – Lyft, Inc. (NASDAQ: LYFT), one of the largest transportation networks in North America, and Payfare Inc. (TSX: PAY, OTCQX: […]
