Public market insider buying at Payfare (PAY)

Public market insider buying at Payfare (T:PAY)

Kingsferry Capital Management Group Limited, a 10% Holder, acquired 137,400 Common Shares on a control or direction basis for registered holder Chung Sheng Huang and Sheng Chih Lin at prices ranging from $7.130 to $8.200 between June 17th and 18th, 2021. The insider also acquired 192,300 Common Shares on a control or direction basis for registered holder Kingsferry Classic Value Fund I Ltd. at prices ranging from $7.690 to $8.250 between June 17th and 18th, 2021. This represents a $2,629,933 investment into the company's shares and an account share holdings change of 7.1%.

Payfare is in the Business Support Services Sub Industry Group under the Industrials Sector.

Payfare Inc. is a Canada-based financial technology company. The Company offers mobile banking, instant payment and loyalty-reward solutions. The Company's financial technology platform provides mobile bank account and debit card with access to their earnings and cash-back rewards.