Loss of DoorDash partnership prompts Payfare share price plummet and strategic review
The price of Payfare shares on the Toronto Stock Exchange plummeted from $8.35 CAD to $2.00, a more than 75 percent reduction.
Payfare Shares Rise on Business Review After Failed DoorDash Contract Renewal
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 quarters of its market value as it failed to renew its contract with its major client, DoorDash.
Payfare, DoorDash to not renew core services agreement
Payfare (OTCQX:PYFRF) on Thursday announced that its core services agreement related to DoorDash Inc's (DASH) DasherDirect card program will not be renewed beyond the current term in early 2025. Source: Press Release More on Payfare Inc.
Payfare and DoorDash to Not Renew Agreement
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 that its core services agreement related to DoorDash,
Payfare Shares Crash After Failing to Secure DoorDash Contract Renewal
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% lower at 2.20 Canadian dollars ($1.63).
Payfare stock plummets after disclosing DoorDash program won't be renewed
In a statement, Payfare (PAY:CA) said its core services agreement related to DoorDash's (DASH) DasherDirect card program won't be renewed beyond the current term in early 2025. That's Payfare's ...
Payfare Initiates Strategic Review Process to Enhance Value
CNW/ - Payfare Inc. ("Payfare" or the "Company") (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA") company powering instant ...
Payfare revenue expected to dip after DoorDash exit: Eight Capital
Payfare and its largest customer, DoorDash, will not be renewing their partnership next year in a move that one investment ...
Payfare stock nosedives after losing biggest client, DoorDash
Payfare Inc. (TSX:PAY) stock nosedived Friday morning after the Canadian fintech company announced it was losing its biggest ...
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How Much Does DoorDash Pay? I Tried Delivering to Find Out
DoorDash also offers an option to cash out after each dash with its DasherDirect prepaid Visa card. My primary vehicle is a full-size pickup truck, and I watched my average mpg decrease with each ...