Payfare Inc T.PAY

Alternate Symbol(s): PYFRF

Technology Computer Systems

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 > Jordan Zinberg

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Comment by auburn2on Dec 05, 2024 3:33am

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Post# 36346514

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Jordan Zinberg

Questrade bought only 38,274 on Oct 3. The Questrade buyer has bought over $13 million since August. I've never seen such a big-moneyed Questrade buyer. At $13 million purchased they would have to delcare an early warning report if not already 10% holder. The publicly disclosed Kingsferry position is worth only $11.2m. Says once you get 10% you are supposed to file within two days an early warning report: https://www.osc.ca/en/industry/companies/mergers-and-acquisitions/early-warning-system-and-alternative-monthly-reporting-system

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