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    PAY   CA70437C1095

PAYFARE INC.

(PAY)
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Payfare, Wise to Bring First International Money Transfer Capabilities to the North American Gig Workforce

10/25/2021 | 07:00am EST

Payfare and Wise announced plans to bring fast, low-fee and secure international money transfer capabilities to Payfare?s digital banking app in 2022. The partnership will bring together the leading instant payout and digital banking solution for contract workers, Payfare, with the low-cost leader for international money transfers in a digital payments experience tailored to the gig economy. Beginning next year, the North American gig and contract workers Payfare supports will be able to send money abroad instantly via Wise?s payments infrastructure, directly from Payfare digital banking apps. Payfare, who works with some of the world?s largest on-demand platforms, will be the first to leverage Wise to enable the growing gig economy to send money internationally. With its mission of making international money transfers fast, cheap and convenient, Wise helps people and businesses securely move and spend money in over 56 currencies. With full price transparency, including low cost pricing, and the use of real-time exchange rates, Wise strategically aligns with Payfare?s mission to power financial inclusion and empowerment for the global gig economy.


ę S&P Capital IQ 2021
All news about PAYFARE INC.
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2021PAYFARE : Strikes Deal with UK-Listed Wise for International Money Transfers
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More news
Financials
Sales 2021 40,2 M 31,7 M 31,7 M
Net income 2021 -22,8 M -18,0 M -18,0 M
Net Debt 2021 - - -
P/E ratio 2021 -12,0x
Yield 2021 -
Capitalization 318 M 251 M 251 M
Capi. / Sales 2021 7,90x
Capi. / Sales 2022 3,51x
Nbr of Employees -
Free-Float -
Chart PAYFARE INC.
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Technical analysis trends PAYFARE INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 6,86 CAD
Average target price 13,83 CAD
Spread / Average Target 102%
EPS Revisions
Managers and Directors
Marco Margiotta Chairman & Chief Executive Officer
Charles Park Chief Financial Officer
Kamran Haidari Chief Technology Officer
Brian Miller Chief Operating Officer
Paul Haber Lead Independent Director
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