Payfare Announces Fourth Quarter 2023 Active User Growth



Investor Conference Call Scheduled to Discuss Upcoming Fourth Quarter and Full Year 2023 Financial Results

TORONTO, Feb. 15, 2024 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company”) (TSX:PAY) (OTCQX:PYFRF), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced it had over 1,400,000 active users1 as at December 31, 2023, an increase of approximately 16% compared to active users as at September 30, 2023, and 33% compared to active users as at December 31, 2022.

“We achieved our best ever quarterly active user growth in the fourth quarter of 2023” said Marco Margiotta, CEO and Founding Partner of Payfare. “We look forward to announcing our financial results for the fourth quarter and sharing our growth outlook for the year ahead.”

Payfare will be hosting a conference call on Thursday, March 21, 2024, at 6:30 P.M. ET to discuss the Company’s fourth quarter and full year ended 2023 financial results. The complete financial results are expected to be released after market close on the same day. A short presentation in connection with the conference call …

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