Short description
Providing instant payout and digital banking solutions for today's workforce.
Description
Payfare is a global fintech company offering digital banking, instant payment and loyalty-reward solutions for today’s gig workforce.
Payfare’s financial technology platform is providing financial inclusion to millions of next-generation workers around the globe with a full-service digital bank account and debit card with instant access to their earnings and relevant cash-back rewards.
Payfare was founded in 2015 by fintech entrepreneurs and a senior management team with unparalleled experience in the banking, payment card and financial technology sectors.
Payfare is backed by major investors and financial institutions around the world. The Company is headquartered in Toronto, Canada.
Some of the world’s largest on-demand economy platforms such as Uber, Lyft, DoorDash and DiDi trust Payfare to pay their workers.
Total funding
$$3123123
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Location
Toronto, Ontario, Canada, North America
Founded on
January 1, 2015
Non-profit?
No
Acquired?
No
Employees count
101-250
Revenue range
$1230 - 4560
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Investors
Noaccess
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Founders
Keith McKenzie, Marco Margiotta