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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Payfare (PAY-T) is a Canadian fintech company that provides instant access to earnings for gig workers, with contracts with major players like Uber, Lyft, and DoorDash. The company plans to expand its technology beyond the gig space, and has shown strong growth and profitability. With positive analyst reviews and a significant market share of gig workers, Payfare has potential for further expansion and success in the future.

Fair Value

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)
Financial Services

A fintech that allows shift-workers like Uber Eats deliverers to get paid as soon as they complete their shift so the could spend that money. PAY makes money on interaction fees. They have enough cash flow to meet their growth plans. They have 1.2 million out of 70 million gig workers out there, so there's lots of room to grow.

(Analysts’ price target is $10.50)
Financial Services

IPO'd in 2021, but became profitable last year, tripling their revenue and became profitable in Q4 2022. Can they expand beyond Uber, Lyft and Doordash? That's what he's watching.

Financial Services
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Payfare(PAY-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Payfare is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Payfare(PAY-T) Frequently Asked Questions

What is Payfare stock symbol?

Payfare is a Canadian stock, trading under the symbol PAY-T on the Toronto Stock Exchange (PAY-CT). It is usually referred to as TSX:PAY or PAY-T

Is Payfare a buy or a sell?

In the last year, there was no coverage of Payfare published on Stockchase.

Is Payfare a good investment or a top pick?

Payfare was recommended as a Top Pick by on . Read the latest stock experts ratings for Payfare.

Why is Payfare stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Payfare worth watching?

0 stock analysts on Stockchase covered Payfare In the last year. It is a trending stock that is worth watching.

What is Payfare stock price?

On 2020-02-04, Payfare (PAY-T) stock closed at a price of $0.12.