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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

Post by Hich1205on Oct 04, 2024 4:05pm
218 Views
Post# 36253841

great share price level for an entry point

great share price level for an entry pointI was very critical at this stock due to the insiders selling huge volume consistently in the last 24 months, but at 2$+ this is really an overreaction to the doordash drop-off. The stock is valued less than the cash on hands, no value for the upcoming cash until q1-2025, no value for the current long term contracts and no value for the tech & solutions developped. At 2$ it's like bying a fully hedged stock. I'm back in 
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