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Payfare Inc.

92 employees

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 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, DoorDash and DiDi trust Payfare to pay their workers.

Investor insights

Funding rounds participated in

$5.1M sweet spot round size

Investor type

Public Company

Basic info

Industry

Financial Services

Sectors

Financial Services

Date founded

2015

Funding rounds raised

Total raised

$5.1M

from investors over 1 rounds

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Payfare Inc. raised $5.1M on September 2, 2018

FAQ