Payfare (TSE:PAY) has released an update.
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Payfare Inc., a leader in Earned Wage Access, has entered into an agreement to be acquired by Fiserv, a global provider of financial services technology, for approximately CA$201.5 million. The acquisition offers Payfare shareholders a 90% premium on the stock’s recent trading price, marking a strategic move to enhance embedded finance solutions.
For further insights into TSE:PAY stock, check out TipRanks’ Stock Analysis page.
