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Payfare Inc. T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig workers and businesses. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. The Company offers a full application programming interface suite and a turn-key private label solution. It provides multiple worker payout options, like on-demand or automatically each day or after each task, shift or sale. It provides services to various workforces, such as trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance. Its subsidiaries include Payfare International Inc. and Payfare Mexico Inc. S.A. de C.V.


TSX:PAY - Post by User

Comment by cananonon Nov 17, 2021 11:39am
127 Views
Post# 34136441

RE:Insiders

RE:InsidersI didn't realise their new head of IR was the Stifel analyst!!! WOW I guess he thinks the company is so good that he would leave research for it!

Can you explain why a US listing is eligible in March?


anon90 wrote: Is there really any better indication with the future of a company than when you see insider buying? Also keep in mind the lead analyst on PAY left Stiffel to join the company. So many positive indicators as to why it should be bot. Once more funds are introduced to PAY we will see significant demand for the stock. A USA listing (eligable in March) will only increase their exposure. 
 Most importantly, as reported in Q3 earnings they continue to deliver on revenue growth and I suspect it will hit $50 mill for the full year, attach a conservative (below peer) multiple and see why there is real value in owning shares. 

GLTA


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