Payfare initiates strategic review following shareholder backlash …
WEB10 hours ago · Payfare is initiating a strategic review of the company after losing the business of its largest customer.. Payfare claims it is “well capitalized to fund ongoing operations and new strategic initiatives.” The Toronto-based earned wage access (EWA) company announced last week that DoorDash had decided not to renew its agreement with Payfare, which was powering the food delivery app’s ...
Payfare Initiates Strategic Review Process to Enhance Value
WEB2 days ago · Payfare Inc. ("Payfare" or the "Company") (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA") company powering instant access to earnings and digital banking solutions ...
Payfare Shares Rise on Business Review After Failed
WEB1 day ago · Resize. By Michael Susin. Payfare shares rose on Monday after the company launched a strategic review to boost its value, a trading day after the financial services company lost nearly three ...
Payfare revenue expected to dip after DoorDash exit: Eight Capital
WEB4 days ago · In a news release issued Thursday, Payfare said that its agreement related to DoorDash’s DasherDirect card program will not be renewed beyond the current term in early 2025.. Payfare is a platform that allows gig workers and other companies to quickly and easily get paid following a delivery. DoorDash uses the platform to pay its employees, who primarily collect food orders and deliver it to ...
Payfare and DoorDash to Not Renew Agreement - Yahoo Finance
WEB5 days ago · Payfare Inc. (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA") company powering instant access to earnings and digital banking solutions for workforces, today announced ...
Payfare Initiates Strategic Review Process to Enhance Value
WEB2 days ago · Examples of forward-looking information in this news release include, without limitation the strategic review process and timing and length of such process, exploring potential options including ...
Payfare Initiates Strategic Review Process to Enhance Value - PR …
WEB2 days ago · The foundation, funding, and execution of Payfare's ongoing programs remain secure with a robust pipeline of potential new opportunities in the gig economy and EWA space. To support conversion of ...
Payfare Withdraws Guidance After Failing to Secure
WEB6 days ago · For 2024, Payfare had said it expected revenue to rise to 235 million Canadian dollars to 245 million Canadian dollars, equivalent to U.S. $174.5 million to $181.9 million.
Payfare Shares Crash After Failing to Secure DoorDash
WEB5 days ago · By Adriano Marchese. Payfare shares fell sharply Friday after it said that its contract with DoorDash wouldn't be renewed, putting an end to one of its largest sources of revenue. Shares traded 74 ...
Payfare stock nosedives after losing biggest client, DoorDash - MSN
WEBIn a news release, Payfare stated and DoorDash will establish a transition plan to begin in the fourth quarter of 2024, and both expect to work collaboratively during the remainder of the term.