Jordan Zinberg- BNN - TOP PICK Payfare (PAY TSX)
Payfare is a Canadian fintech company that provides gig workers instant access to their earnings, instead of waiting for a traditional pay cycle. An early mover in a space that’s growing extremely fast, the company has established partnerships with Uber, Lyft and DoorDash and is now looking at new market segments. Payfare is profitable, has an above average return on equity profile, and margins continue to expand. The stock trades at a low valuation given the growth rate and we see multiple catalysts on the horizon.
owned