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 to Hold Investor Conference Call to Discuss First Quarter 2023 Financial Results
Toronto, Ontario – May 4, 2023 – Payfare Inc. (“Payfare” or the “Company”)(TSX: PAY) will be hosting a conference call on Thursday, May 11, 2023, at 11:30 a.m. ET to discuss the Company’s financial results for the first quarter of 2023. The complete financial results are expected to be released after market close on Wednesday, […]
Payfare Expands Partnership with NCR to Power Self-Service Financial Tools for Cardholders
ATLANTA and TORONTO – April 12, 2023 – NCR Corporation (NYSE: NCR), a leading enterprise technology provider, has expanded its partnership with Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce. The extended partnership makes NCR a provider of self-service financial solutions for Payfare’s cardholders across […]
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 […]
Payfare Partners With Upside to Provide Cashback Rewards on Fuel and Food for DasherDirect Cardholders
DasherDirect cardholders can now earn up to 25¢/gal cashback on fuel and up to 45% cash back on food Washington, D.C. and Toronto, ON, March 2, 2023 — Upside, a retail technology company, and Payfare Inc. (“Payfare”, TSX:PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced a […]
<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 […]
Artist Growth and Payfare Announce Partnership to Launch First-of-its-Kind Digital Banking App for the Creator Economy
NEW YORK, NY and TORONTO, December 6, 2022 – Artist Growth Inc., a high growth collaboration and business platform for labels, artist managers, and creative teams and Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced that they have partnered to launch the Artist […]