Insights

Strategic Industry Positioning Payfare operates as a key player in the digital banking and financial inclusion space for gig and on-demand economy workers, providing tailored mobile banking and earned wage access solutions. This focus creates opportunities to expand into additional on-demand platforms and gig service providers seeking integrated financial solutions.

High-Profile Partnerships Collaborations with major companies like Uber, Lyft, DoorDash, and DoorDash demonstrate Payfare's proven ability to embed financial services within large, active gig ecosystems. These partnerships indicate a significant potential to upsell or extend services to similar platforms looking to enhance worker financial engagement.

Recent Product Innovation The launches of products like Pronto and enhancements to Lyft's banking features reveal a strong product development pipeline centered on real-time wage access and digital banking. Targeting companies with a mobile workforce can open avenues for new service offerings aligned with worker financial wellbeing.

Acquisition and Growth Momentum The recent acquisition by Fiserv signifies increased financial backing and strategic integration, positioning Payfare for accelerated market expansion. Business development efforts can leverage this stability to penetrate new markets and diversify client portfolios within the digital financial services sector.

Market Niche Opportunities Focusing on underbanked and gig economy workers with tailored financial solutions constitutes a niche with significant growth potential. Sellers can explore partnerships with emerging gig platforms or service providers seeking scalable, fintech-driven financial inclusion solutions to grow their workforce engagement.

Payfare Inc. Tech Stack

Payfare Inc. uses 8 technology products and services including Open Graph, Rundeck, Google Charts, and more. Explore Payfare Inc.'s tech stack below.

  • Open Graph
    Content Management System
  • Rundeck
    Deployment
  • Google Charts
    Javascript Graphics
  • jQuery
    Javascript Libraries
  • Hadoop
    Programming Languages
  • Google Tag Manager
    Tag Management
  • Apache
    Web Servers
  • jQuery Waypoints
    Web Tools And Plugins

Media & News

Payfare Inc.'s Email Address Formats

Payfare Inc. uses at least 2 format(s):
Payfare Inc. Email FormatsExamplePercentage
FLast@payfare.comJDoe@payfare.com
95%
FMiddleLast@payfare.comJMichaelDoe@payfare.com
2%
FiLast@payfare.comJoDoe@payfare.com
2%
First@payfare.comJohn@payfare.com
1%

Frequently Asked Questions

Where is Payfare Inc.'s headquarters located?

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Payfare Inc.'s main headquarters is located at Toronto, Ontario Canada. The company has employees across 3 continents, including North AmericaAsiaSouth America.

What is Payfare Inc.'s official website and social media links?

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Payfare Inc.'s official website is corp.payfare.com and has social profiles on LinkedInCrunchbase.

How much revenue does Payfare Inc. generate?

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As of March 2026, Payfare Inc.'s annual revenue is estimated to be $138M.

What is Payfare Inc.'s SIC code NAICS code?

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Payfare Inc.'s SIC code is 7372 - Prepackaged Software NAICS code is 52 - Finance and Insurance.

How many employees does Payfare Inc. have currently?

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As of March 2026, Payfare Inc. has approximately 64 employees across 3 continents, including North AmericaAsiaSouth America. Key team members include Director And Chairman Of The Board: C. S.Director Of Product Marketing: B. S.Director Program Management: B. E.. Explore Payfare Inc.'s employee directory with LeadIQ.

What industry does Payfare Inc. belong to?

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Payfare Inc. operates in the Financial Services industry.

What technology does Payfare Inc. use?

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Payfare Inc.'s tech stack includes Open GraphRundeckGoogle ChartsjQueryHadoopGoogle Tag ManagerApachejQuery Waypoints.

What is Payfare Inc.'s email format?

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Payfare Inc.'s email format typically follows the pattern of FLast@payfare.com. Find more Payfare Inc. email formats with LeadIQ.

How much funding has Payfare Inc. raised to date?

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As of March 2026, Payfare Inc. has raised $5.1M in funding. The last funding round occurred on Aug 02, 2018 for $5.1M.

When was Payfare Inc. founded?

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Payfare Inc. was founded in 2015.

Payfare Inc.

Financial ServicesOntario, Canada51-200 Employees

Payfare is now part of  Fiserv, since March 2025

Payfare is a global fintech company offering mobile banking, instant payment and loyalty-reward solutions for today’s workforce.

Payfare’s financial technology platform is providing financial inclusion and empowerment to millions of next-generation workers around the globe with a full-service business mobile bank account and debit card with instant access to their earnings and relevant cash-back rewards.

Payfare was founded in 2015 by fintech entrepreneurs and a senior management team with unparalleled experience in the banking, payment card and financial technology sectors.

Payfare is backed by major investors and financial institutions around the world. The company is headquartered in Toronto, Canada.

Some of the world’s largest on-demand economy platforms including Uber, Lyft, Walmart and DoorDash trust Payfare to pay their workers.

Accounts are subject to eligibility, terms, limits and fees. Banking services are provided by bank partners.

Section iconCompany Overview

Headquarters
Toronto, Ontario Canada
SIC Code
7372 - Prepackaged Software
NAICS Code
52 - Finance and Insurance
Founded
2015
Employees
51-200

Section iconFunding & Financials

  • $5.1M

    Payfare Inc. has raised a total of $5.1M of funding over 1 rounds. Their latest funding round was raised on Aug 02, 2018 in the amount of $5.1M.

  • $10M$25M

    Payfare Inc.'s revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $5.1M

    Payfare Inc. has raised a total of $5.1M of funding over 1 rounds. Their latest funding round was raised on Aug 02, 2018 in the amount of $5.1M.

  • $10M$25M

    Payfare Inc.'s revenue is estimated to be in the range of $10M$25M

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