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 […]

Payfare Announces Second Quarter 2024 Financial Results

Payfare generated net income of $4.9 million, and Adjusted net income per share1 of $0.16 in Q2 2024 Toronto, Ontario – August 7, 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 […]

Lyft and Payfare Announce Long Term Extension of Lyft Direct Program

The extension allows Lyft Direct cardholders to continue benefiting from free instant pay after every ride, a rich cashback rewards program, and more  San Francisco, CA and Toronto, Ontario – July 25, 2024 – Lyft, Inc. (NASDAQ: LYFT),one of the largest transportation networks in North America, and Payfare Inc. (TSX: PAY, OTCQX: PYFRF),a leading international […]

Payfare to Hold Investor Conference Call to Discuss Second Quarter 2024 Financial Results

Company Also Completes Refiling of First Quarter Financial Statements Toronto, Ontario, July 23, 2024 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF) will be hosting a conference call on Wednesday, August 7, 2024, at 6:30 p.m. ET to discuss the Company’s financial results for the second quarter of 2024. The complete financial results […]

Payfare Forms Strategic Advisory Board and Announces Appointment of Alex Ceballos

Toronto, Ontario – July 16, 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 the formation of a Strategic Advisory Board to guide the company’s rapid international expansion opportunities. This newly established […]

Payfare Announces Completion of 2023 Annual Filings

Toronto, Ontario, July 3, 2024 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) today announces the completion of the filing of its audited annual financial statements, management’s discussion and analysis, annual information form and related certifications, all for the year ended December 31, 2023 (collectively, the “Annual Filings”). The Annual Filings were completed expeditiously […]

Payfare Announces Receipt of Vendor’s SOC 1 Report

Facilitates Completion of the Company’s Annual Filings Toronto, Ontario, June 30, 2024 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF) today announces the receipt of the System and Organization Controls (“SOC 1”) auditor’s report from its material vendor which is required in order for the Company’s independent auditors to complete their required […]

Payfare Comments on Cease Trade Order and Provides Update on its Annual Filings 

Toronto, Ontario, June 18, 2024 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) today provided an update on the delayed filing of its audited annual financial statements, management’s discussion and analysis, annual information form and related certifications, all for the year ended December 31, 2023 (collectively, the “Annual Filings”). Trading in the Company’s common […]