Stock PAY PAYFARE INC.
Add to a list
To use this feature you must be a member
Log inSign up

Company Payfare Inc.

Equities

PAY

CA70437C1095

Business Support Services

Market Closed - Toronto S.E.
Other stock markets
 04:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
6 CAD -0.66% Intraday chart for Payfare Inc. -0.33% -3.38%
12:45pm Payfare Q4 Adjusted Net Income Jumps 60%, Revenue Hits Record MT
Apr. 12 Payfare Brief: Reaffirmed Its Prior Issued Q4 and FY23 Guidance On Revenues and Earnings MT

Business Summary

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig workers and businesses. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. The Company 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, such as trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance. Its subsidiaries include Payfare International Inc. and Payfare Mexico Inc. S.A. de C.V.

Number of employees: 78

Sales per Business

CAD in Million2021Weight2022Weight Delta
Instant Payout and Digital Banking Solutions
100.0 %
44 100.0 % 130 100.0 % +196.81%

Sales per region

CAD in Million2021Weight2022Weight Delta
United States
98.9 %
42 96.9 % 129 98.9 % +202.89%
Canada
1.1 %
1 3.1 % 1 1.1 % +4.22%

Managers

Managers TitleAgeSince
Marco Margiotta CEO
 Chief Executive Officer - 14-12-31
Ryan Deslippe FOU
 Founder 45 14-12-31
Charles Park DFI
 Director of Finance/CFO - 18-11-25
Su Chun CMP
 Compliance Officer - -
Kamran Haidari CTO
 Chief Tech/Sci/R&D Officer - 21-06-01
Brian Miller COO
 Chief Operating Officer - 18-04-15
Cihan Tuncay IRC
 Investor Relations Contact - 21-11-21
Sonya Verheyden SAM
 Sales & Marketing - -
Braulio Lam PRN
 Corporate Officer/Principal - 21-06-01
Mark Lau LAW
 General Counsel - -

Members of the board

Members of the board TitleAgeSince
Paul Haber BRD
 Director/Board Member 55 15-12-03
Keith McKenzie FOU
 Founder - 14-12-31
Dmitry Shevelenko BRD
 Director/Board Member - 21-02-04
Kelly Graziadei BRD
 Director/Board Member - 21-02-04
Marco Margiotta CEO
 Chief Executive Officer - 14-12-31
Matt Swann BRD
 Director/Board Member 53 21-02-04
Hugo Chan BRD
 Director/Board Member - 22-08-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 47,947,073 44,552,830 ( 92.92 %) 0 92.92 %

Shareholders

NameEquities%Valuation
Kingsferry Capital Management Consulting (Shanghai) Co., Ltd.
9.979 %
4,769,800 9.979 % 23 M $
Keith McKenzie
4.756 %
2,273,223 4.756 % 11 M $
Ryan Deslippe
3.392 %
1,621,155 3.392 % 8 M $
Marco Margiotta
1.778 %
849,759 1.778 % 4 M $
Charles Park
0.7389 %
353,176 0.7389 % 2 M $
Hood River Capital Management LLC
0.4894 %
233,931 0.4894 % 1 M $
Paul Haber
0.2239 %
107,036 0.2239 % 514 843 $
Dmitry Shevelenko
0.1991 %
95,154 0.1991 % 457 691 $
Palos Management, Inc.
0.1898 %
90,700 0.1898 % 436 267 $
StoneCastle Investment Management, Inc.
0.0636 %
30,400 0.0636 % 146 224 $

Company contact information

Payfare, Inc.

40 University Avenue Suite 551

M5J 1T1, Toronto

+

http://www.payfare.com
address Payfare Inc.(PAY)

Sector

Industrials
Industrial & Commercial Services
Professional & Commercial Services
Business Support Services
Transaction & Payment Services

Sales per region

Ratings for Payfare Inc.

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
6 CAD
Average target price
10.42 CAD
Spread / Average Target
+73.61%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Transaction & Payment Services

1st Jan change Capi.
PAYFARE INC. Stock Payfare Inc.
-3.38% 210M
FISERV, INC. Stock Fiserv, Inc.
+15.39% 89.69B
PAYPAL HOLDINGS, INC. Stock PayPal Holdings, Inc.
+4.38% 67.47B
BLOCK, INC. Stock Block, Inc.
-5.90% 45.23B
GLOBAL PAYMENTS INC. Stock Global Payments Inc.
-1.87% 31.79B
CORPAY, INC. Stock Corpay, Inc.
+6.89% 21.71B
EDENRED SE Stock Edenred SE
-16.48% 12.01B
WISE PLC Stock Wise plc
-10.41% 9.99B
WEX INC. Stock WEX Inc.
+10.53% 9.01B
NEXI S.P.A Stock Nexi S.p.A
-25.20% 7.6B
Transaction & Payment Services
  1. Stock Market
  2. Equities
  3. PAY Stock
  4. Company Payfare Inc.