HomeBankingPayfare: Completes IPO

Payfare: Completes IPO

  • Payfare a global financial technology company powering digital banking and instant payout solutions for today’s gig workforce
  • Payfare use the net proceeds from the Offering to repay its short term debt in full, finance growth
  • The Common Shares commence trading today on the Toronto Stock Exchange under the symbol “PAY”
  • The Offering made through a syndicate of underwriters (collectively, the “Underwriters”) led by Stifel GMP and which included Scotia Capital
  • The Common Shares not and not registered under the United States Securities Act of 1933
  • U.S. state securities law and not offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act
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