Opinions
Jordan Zinberg
Payfare
PAY-T
TOP PICK
Jan 15, 2024
N/A
Stock price when the opinion was issued
Financial Services
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A Canadian Fintech company that allows Canadian gig workers to have instant access to their money. It has contracts with Uber, Lyft and DoorDash, the three biggest players in that space. Using their credit card system, Payfare takes a piece of the merchant fee, not Uber, etc., or the worker. They are planning to take their technology and apply it outside the gig space. There is super high growth in a very fast growing space. it has a decent valuation and very high ROE. Buy 6 Hold 0 Sell 0
(Analysts’ price target is $10.42)