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Payfare Inc T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based international Earned Wage Access company powering instant access to earnings through a digital banking platform for the workforce. It partners with e-commerce marketplaces, payroll platforms and employers to provide financial security and inclusion for all workers. It partners with platforms and marketplaces, such as Uber, Lyft and DoorDash. It provides services to gig workers and businesses. The Company operates in two geographical areas: Canada and USA. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. It 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 of all sizes, including trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance.


TSX:PAY - Post by User

Payfare Inc
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(20)
•••
Comment by fatcharlieon Jun 20, 2017 11:43pm
83 Views
Post# 26385837

RE:RE:Watching this one...

RE:RE:Watching this one...I find the salaries (over $700K) of management here to be on the high side for a penny stock with a market cap of $11M that is still losing money.  I am on the fence on this one, good potential, good product, getting contracts but I just don't like seeing excessive salaries to management while the company is struggling to make a profit. Just my two cents.
Bullboard Posts
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