Public market insider buying at Payfare (PAY)

Public market insider buying at Payfare (T:PAY)

Kingsferry Capital Management Group Limited, a 10% Holder, acquired 56,500 Common Shares on a control or direction basis for registered holder Kingsferry Classic Value Fund I Ltd. at prices ranging from $6.560 to $7.300 between March 28th, 2022 and March 31st, 2022. This represents a $382,368 investment into the company's shares and an account share holdings change of 1.0%.

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 provides instant payout and digital banking solutions for gig economy. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash to provide financial security and inclusion for their workforce. It provides gig workers with instant access to their earnings and digital banking experience allowing them to focus financially rather than having to depend on the traditional banking system, payday loans, overdraft and credit cards. The Company operates in Canada, United States and Mexico. Its wholly owned subsidiaries include Payfare International Inc. and Payfare Mexico Inc. S.A. de C.V.