Payfare Inc. | Source: Global Fintech Series
  • Payfare (PAY) had over 920,000 active users as of September 30, 2022, an increase of approximately 155 per cent from last year
  • The company expects to release its complete financial results after market close on Wednesday, November 9, 2022
  • Payfare is a global financial technology company offering mobile banking, instant payment, and loyalty-reward solutions
  • Payfare Inc. (PAY) is up 0.437 per cent, trading at C$4.60 per share at 3:08 pm ET

Payfare (PAY) had over 920,000 active users as of September 30, 2022, an increase of approximately 155 per cent from last year.

Marco Margiotta, CEO and Founding Partner of Payfare, commented on the results.

“We continue to break new records of activity levels, despite the impact of seasonality on food delivery orders in the Summer months. We look forward to announcing our financial results for the third quarter and sharing more on recent program enhancements to support the financial growth of our cardholders.”

Payfare will host a conference call on Thursday, November 10, 2022, at 8:30 a.m. ET to discuss the company’s financial results for the third quarter of 2022. The company expects to release its complete financial results after market close on Wednesday, November 9, 2022.

Payfare is a global financial technology company offering mobile banking, instant payment, and loyalty-reward solutions. Its financial technology platform is providing financial inclusion and empowerment to next-generation workers around the globe.

It offers a full-service mobile bank account and debit card with instant access to their earnings and relevant cash-back rewards. Some of the brands that use Payfare include Lyft, Uber, and DoorDash.

Payfare Inc. (PAY) is up 0.437 per cent, trading at C$4.60 per share at 3:08 pm ET.


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