Payfare Provides Q2 2022 Revenue Guidance
TORONTO, July 20, 2022 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company“) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced Q2 2022 revenue guidance of $33 million, which represents growth of 285% over the second quarter of 2021 and 35% over the first quarter of 2022. Payfare also announced that it had […]
Payfare Announces May 2022 Active User Growth
TORONTO, June 7, 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 had over 858,000 active users1 as of May 31, 2022, an increase of approximately 162,000 active users or 23% since March 31, 2022. The Company continues to experience significant active user growth driven […]
Payfare Announces Re-election of Directors
Toronto, Ontario – June 2, 2022 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) announces that the nominees listed in the management information circular for the Company’s 2022 Annual and Special Meeting of Shareholders (the “Meeting”) were each re-elected as directors of Payfare. Detailed results of the ballot voting for the election of directors […]
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”) […]
