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 […]
Payfare Announces Record Third Quarter 2022 Financial Results
Record growth drives significant Adjusted EBITDA expansion to $1.3 million and highest ever Operating Cash Flow generation of $3.9 million in the third quarter Toronto, Ontario – November 9, 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 […]
Payfare Announces Third Quarter 2022 Active User Growth
Investor Conference Call Scheduled to Discuss Upcoming Third Quarter 2022 Financial Results Toronto, Ontario – October 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 it had over 920,000 active users1 as of September 30, 2022, an increase […]
Payfare Appoints Hugo Chan to its Board of Directors
Toronto, Ontario – August 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 has appointed Mr. Hugo Chan of Kingsferry Capital to its board of directors to serve as an independent director until the next […]
Payfare Announces Second Quarter 2022 Financial Results
Continued gross margin expansion to 19.1% in Q2 from 17.2% in Q1, first quarter of positive Adjusted EBITDA generation and first quarter of share repurchases under the Normal Course Issuer Bid (“NCIB”) program TORONTO, Aug. 10, 2022 /CNW/ – Payfare Inc. (“Payfare” or the “Company“) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today […]
Payfare to Hold Investor Conference Call to Discuss Second Quarter 2022 Financial Results
TORONTO, July 28, 2022 /CNW/ – Payfare Inc. (“Payfare” or the “Company“) (TSX: PAY) will be hosting a conference call on Thursday, August 11, 2022, at 8:30 a.m. ET to discuss the Company’s financial results for the second quarter of 2022. The complete financial results are expected to be released after market close on Wednesday, August 10, 2022. A short presentation in connection with the conference […]
