Payfare Announces First Quarter 2022 Financial Results
Record quarterly gross profit of $4.3 million (17.2% margin), up $4.4 million from the prior year (-3.3% margin) Toronto, Ontario – May 11, 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 the filing of its Financial Statements […]
Payfare to Hold Investor Conference Call to Discuss First Quarter 2022 Financial Results
Toronto, Ontario – May 4, 2022 – Payfare Inc. (“Payfare” or the “Company”)(TSX: PAY) will be hosting a conference call on Thursday, May 12, 2022, at 8:30 a.m. ET to discuss the Company’s financial results for the first quarter of 2022. The complete financial results are expected to be released after market close on Wednesday, […]
Payfare Raises Revenue Guidance for 2022 Ahead of First Quarter Financial Results
Toronto, Ontario – April 28, 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 has raised its 2022 revenue guidance to $115 million – $125 million, an increase of 26% from the mid-point of its previously […]
Payfare Announces Executive Hire and Issues Reminder for its April 6 Virtual Investor Day 
Toronto, Ontario – April 4, 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 has appointed Sonya Verheyden as Vice President, Marketing. Ms. Verheyden will be responsible for leading Payfare’s marketing initiatives for its current programs […]
Payfare Expands Collaboration with Visa in the U.S.
Adds Visa Direct to expand real-time payments capabilities for the gig workforce Toronto, Ontario – March 29, 2022 – Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced the expansion of its collaboration with Visa in the U.S. After obtaining its Visa Ready for […]
Payfare Receives TSX Approval to Commence Normal Course Issuer Bid
Toronto, Ontario – March 23, 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 the Toronto Stock Exchange (the “TSX”) has accepted the notice (the “Notice”) filed by the Company to commence a normal course issuer bid […]
PAYFARE ANNOUNCES FOURTH QUARTER AND YEAR END 2021 FINANCIAL RESULTS
Record Quarterly Revenues Increased to $17.3 Million – a 399% Increase Over Q4 2020 Toronto, Ontario – March 23, 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 the filing of its Audited Financial Statements and Management’s Discussion and Analysis (“MD&A”) […]
Payfare Powers Cash Back Rewards on Fuel Purchases for Dashers in Response to Surging Gas Prices
TORONTO, March 22, 2022 – Payfare (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, announces boosted rewards on fuel purchases for all U.S. DoorDash Dashers with a DasherDirect debit card powered by Payfare. Cardholders can now earn 10% cash back on gas, an increase from the existing […]
Lyft and Payfare Announce New Cash Back Rewards on Fuel Purchases for Drivers to Combat Rising Gas Prices
San Francisco, and Toronto – March 21, 2022, Lyft (NASDAQ: LYFT) and Payfare (TSX: PAY) launched a cash back rewards program on all fuel purchases for U.S. Lyft drivers using a Lyft Direct debit card, powered by Payfare. In immediate response to rising fuel prices, Lyft Direct cardholders will now receive an increase in cash […]
Payfare Attends the KBW Fintech Payments Conference
Payfare is pleased to have recently attended the Fintech Payments conference hosted by Keefe, Bruyette, & Woods (KBW) in New York. Our CEO, Marco Margiotta, participated in a panel where he provided an update on the company and discussed recently announced growth initiatives. Investors and interested parties can access a video replay of the panel […]
