Payfare and Cardlytics Partner to Launch Cash Back Rewards Program

Gig workers can now earn instant cash back with their Payfare cards Toronto, January 25, 2022 – Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced a new rewards program powered by Cardlytics (NASDAQ: CDLX). Payfare cardholders can now earn cash back when they […]

Payfare Reaches Record Milestone to End 2021

Toronto, Ontario – January 19, 2022 – Payfare Inc. (“Payfare”or the “Company”) (TSX: PAY),a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced that it ended 2021 with over half a million active users1, which represents an increase of more than 40% over Q3 2021 and 830% over Q4 2020. The […]

PAYFARE ANNOUNCES THIRD QUARTER 2021 FINANCIAL RESULTS

Record Quarterly Revenues Increased to $12.7 Million – a 286% Increase Over Q3 2020. Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for gig workers, today announced the filing of its Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the quarter ending September 30, 2021. A comprehensive discussion of […]

DoorDash and Payfare Launch Instant Pay Nationwide

SAN FRANCISCO and TORONTO, November 10, 2021 – Today, DoorDash (NYSE: DASH) and Payfare (TSX: PAY) announced instant access to earnings for DoorDash delivery drivers across the United States via DasherDirect. DasherDirect is a financial platform and digital banking solution for Dashers, powered by Payfare. Through DasherDirect, Dashers gain access to automatic, no-fee payouts after every […]

Payfare to Integrate with Plaid to Enable Digital Financial Services for the Gig Economy

TORONTO – Payfare, Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced it is integrating with Plaid, a data network powering the digital financial ecosystem. Payfare powers faster, digital payments for some of the world’s largest on-demand platforms. In addition to instant access to earnings, […]

Payfare Appoints Cihan Tuncay as Head of Investor Relations and Corporate Development

Toronto, Ontario, October 4, 2021 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY), a global financial technology company powering digital banking and instant payment solutions, is pleased to announce the appointment of Cihan Tuncay as Head of Investor Relations and Corporate Development effective November 22, 2021. Mr. Tuncay will be responsible for communicating financial information and corporate […]

Payfare, Stride Bank joining forces to expand real-time payment options for the U.S. gig economy workforce

TORONTO, September 28, 2021 – Payfare (TSX: PAY) is pleased to announce that it is expanding its partnership with Stride Bank to offer additional real-time payment options to gig platforms and their workforces.  Payfare, a leading fintech powering instant payout and digital banking solutions for contract workers, and Stride Bank will leverage The Clearing House’s RTP® network to […]

Payfare to Expand Platform with Visa SavingsEdge

Addition of Visa’s small business rewards program will offer gig workers discounts on qualifying purchases made with Visa business cards Toronto, Ontario – September 22, 2021 – Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for contract workers, today announced that it is collaborating with Visa, the world leader in digital […]

Payfare Announces Grant Of Options And Restricted Share Units

TORONTO, Sept. 7, 2021 – Payfare Inc. (“Payfare” or the “Company”) (TSX:PAY) announces that it today granted an aggregate of 35,000 restricted share units (“RSUs”) and 345,000 stock options (“Options”) to certain officers and employees of the Company in accordance with the Company’s incentive compensation plan. All RSUs issued to officers and employees of the Company will fully […]

PAYFARE ANNOUNCES SECOND QUARTER 2021 FINANCIAL RESULTS

Record Quarterly Revenues Increased to More Than $8.7 Million – a 263% Increase Over Q2 2020. TORONTO, Aug. 16, 2021 /CNW/ — Payfare Inc. (“Payfare“) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for contract workers, today announced the filing of its Financial Statements (“Statements“) and Management’s Discussion and Analysis (“MD&A“) for the Quarter ending June 30, 2021.  […]