Payfare Announces Strong First Quarter 2023 Financial Results

Continued execution on profitability, generating free cash flow1 of $4.1 million in Q1 2023 Toronto, Ontario – May 10, 2023 – Payfare Inc. (“Payfare”or the “Company”) (TSX: PAY),a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced the filing of its Financial Statements and Management’s Discussion and Analysis (“MD&A”) […]

Payfare Announces Intention to Expand into Earned Wage Access Market

The total addressable market for EWA of 131 million people in the US and 22 million people in Canada represents a significant growth opportunity for Payfare Toronto, Ontario – April 5, 2023 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, […]

Payfare Partners with Avibra to Launch Wellness Perks

A compelling suite of health and wellness protection for DasherDirect Cardholders Toronto, Ontario – March 28, 2023 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce is excited to announce that eligible DasherDirect cardholders can now access free essential health and […]

Payfare Announces Record Fourth Quarter and Full Year 2022 Financial Results

First quarter reporting positive net profit of $2.9MM or $0.06 per share in Q4 2022 with record Adj. EBITDA1 of $3.6MM and Operating Cash Flow of $6.4MM Toronto, Ontario – March 22, 2023 – Payfare Inc. (“Payfare”or the “Company”) (TSX: PAY),a leading fintech powering instant payout and digital banking solutions for the gig workforce, today […]

<strong>Payfare Provides Q4 2022 Revenue Guidance</strong>

Toronto, Ontario – January 10, 2023 – Payfare Inc. (“Payfare”or the “Company”) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced Q4 2022 revenue guidance of $39 million, which represents growth of 125% over Q4 2021 and 9% over Q3 2022. On a full year basis […]

<strong>Payfare Announces Significant Milestone of One Million Active Users</strong>

Toronto, Ontario – December 7, 2022 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, announced a significant milestone today with the achievement of one million active users1. This represents growth of approximately 79,318 active users (+9%) over September 30, 2022 […]