The latest update is out from Payfare ( (TSE:PAY) ).
Fiserv, a global leader in payments and financial technology, has completed its acquisition of Payfare Inc. This acquisition marks a significant step for Payfare as it aligns with Fiserv to enhance its mission of financial inclusion for gig workers. As a result of this acquisition, Payfare’s shares will be delisted from the Toronto Stock Exchange and withdrawn from U.S. trading, and the company will apply to cease being a reporting issuer in Canada.
More about Payfare
Payfare Inc. operates in the financial technology industry, focusing on providing financial security and inclusion for gig workers by offering instant access to earnings. The company has facilitated over $20 billion in instant earnings access for millions of gig workers.
YTD Price Performance: 2.06%
Average Trading Volume: 474,693
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$190.4M
See more data about PAY stock on TipRanks’ Stock Analysis page.