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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 1condoron Aug 16, 2022 11:25am
135 Views
Post# 34899437

RE:RE:RE:RE:Earnings Release

RE:RE:RE:RE:Earnings ReleaseCmMuskie..I am not surprised whatsoever as the stock continue to sink again (likely back into the low 4's). Very good company but seems to be a favourite among traders who pop it towards earnings and then sell it off on the news. This type of trading has been going  on for some time with this stock...so rinse and repeat best describes it. No longer a holder...but might do a trade if it tips below 4.
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