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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.


TSX:PAY - Post by User

Payfare Inc > Jordan Zinberg
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Comment by auburn2on Dec 05, 2024 12:43pm
42 Views
Post# 36347467

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Jordan ZinbergWhy is the cash on Payfare's balance sheet than the cash on my balance sheet? PAY has had years to get more customers. They haven't been able to do it. Almost all the revenu and profit was from DD. Is there any business here? PS when I count cash, I take out liabilities. They tout $100 million cash without subtracting current liabilities. Why? Somehow those don't matter? DD replaced their "biz" and other customers can as well. What kind of moat is there?

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