Payfare ( (TSE:PAY) ) just unveiled an update.
The Supreme Court of British Columbia has approved Payfare’s plan of arrangement, allowing an affiliate of Fiserv, Inc. to acquire all outstanding Class A Common shares of Payfare. This acquisition is expected to be completed in the first quarter of 2025, subject to remaining conditions, and may significantly impact Payfare’s operations and market positioning.
More about Payfare
Payfare is a leading international provider of embedded payments and banking solutions, specializing in program management for new economy workforces. The company collaborates with e-commerce marketplaces, payroll platforms, and employers to enhance financial security and inclusion for workers.
YTD Price Performance: 2.58%
Average Trading Volume: 463,644
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$191.4M
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