Fiserv, a global leader in payments and financial services technology, announced today its definitive agreement to acquire Toronto-based Payfare (TSX: PAY). The deal is expected to close in the first half of 2025, pending shareholder and court approvals and other customary conditions. [Read more…] about Fiserv to Acquire Payfare, Expanding Embedded Finance Offerings
Payfare
Payfare Reveals Pronto, a New Earned Wage Access Solution for Canadians
Payfare has launched a new product.
The earned wage access company, which powers digital banking solutions for workforces, this week announced Pronto by Payfare. [Read more…] about Payfare Reveals Pronto, a New Earned Wage Access Solution for Canadians
Payfare Initiates Review as Shares Plunge 75% Following Loss of Fintech’s Biggest Customer
A Canadian financial technology firm has initiated a strategic review following the loss of its biggest customer. [Read more…] about Payfare Initiates Review as Shares Plunge 75% Following Loss of Fintech’s Biggest Customer
Earned Wage Access Gathers Support in Canada as Big Bank Adopts Fintech
ZayZoon this month raised $46 million for its “earned wage access” platform.
The platform “helps the millions of Americans living paycheck to paycheck get by between paydays and plan for the future,” ZayZoon cofounder Darcy Tuer says. [Read more…] about Earned Wage Access Gathers Support in Canada as Big Bank Adopts Fintech
Six Canadian Fintech Innovators You Can Invest in Today
Technology is upending Canada’s financial sector, with ripple effects across industry, geography, and demographic. [Read more…] about Six Canadian Fintech Innovators You Can Invest in Today
Profitable Payfare Powers Payments for Gig Economy Workers
Payfare, a Canadian fintech company, offers financial services specifically designed for gig workers. [Read more…] about Profitable Payfare Powers Payments for Gig Economy Workers