Payfare Inc T.PAY

PAY: NYSE/Nasdaq listing, M&A in the fintech industry

[stockfy]

PAY generates most of its revenue in the U.S., it needs to list its shares on the NYSE or Nasdaq. Its OTC listing does not help.

Same like PAY, Usio (USIO) is another fintech small company with a strong balance sheet without any debt problems which is grossly undervalued on absolute and relative valuation, according to this comprehensive SA article below:

USIO: Growth, Strong Balance Sheet, Undervaluation, Positive Outlook


According also to this veteran fund manager, USIO has high insider ownership while being a takeover target.

Actually, I believe that PAY and USIO will be acquired by larger names in the foreseeable future, because consolidation is ongoing in the fintech industry.

Specifically, some of this year's fintech deals are:

- Pluto acquired by Robinhood

- Theorem acquired by Pagaya

- Aion Bank acquired by UniCredit

- Envestnet acquired by Bain Capital

- Salt Labs acquired by Chime

- Rooam acquired by American Express

- Invoiced acquired by Flywire

- Screena acquired by ThetaRay

- LemonSqueezy acquired by Stripe

 

[1condor]

Stockfy..USIO has been dead money for over a decade. Sure there has been a couple trade opportunities 2015-16 and 2020-2021 but other than that its been morbid. Not saying it wont get taken out but I would say that PAY is the better play.