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.

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Payfare Inc > Buyer at $2.25 or less until I run out of money to spend

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Comment by WillyGreenon Sep 30, 2024 6:29pm

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Post# 36247487

RE:Buyer at $2.25 or less until I run out of money to spend

$100m cash on balance sheet. 46 million shares so $2 is relatively risk free. 20-30% revenue from sources outside or DoorDash. Publicly listed. If you thought payfare was a buyout candidate at $8.50+, it is looking like a stronger takeover candidate at $4.50 to $5.

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