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Payfare Posts Strong Growth in Q2 2024 Financials

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Payfare Posts Strong Growth in Q2 2024 Financials

Payfare (TSE:PAY) has released an update.

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Payfare, an international Earned Wage Access company, has reported a strong second quarter in 2024, with net income rising to $4.9 million, a 132% increase from the previous year. The company also saw a 20% revenue increase to $56 million and user growth of 24%, reaching over 1.46 million active users.

For further insights into TSE:PAY stock, check out TipRanks’ Stock Analysis page.

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