Payfare Comments on Recent Share Price Volatility 

Management highlights transformational performance achieved year-to-date Toronto, Ontario – September 28, 2023 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF), a leading fintech powering instant payout and digital banking solutions for workforces, today commented that it is not aware of any material events impacting operations that have occurred to drive elevated share […]

Payfare Announces Record Second Quarter 2023 Financial Results

Continued execution on profitability, generating net income of $2.1 million,Adjusted net income per share1 of $0.10, and Adjusted EBITDA1 of $4.8 million in Q22023 Toronto, Ontario – August 9, 2023 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY, OTCQX: PYFRF),a leading fintech powering instant payout and digital banking solutions for workforces, today announced the […]

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 […]