Payfare enters into definitive agreement to be acquired by fiserv

Toronto , dec. 23, 2024 /prnewswire/ - payfare inc. ("payfare" or the "company") (tsx: pay) (otcqx: pyfrf), a leading international earned wage access ("ewa") company powering instant access to earnings and digital banking solutions for workforces, is pleased to announce that it has entered into a definitive arrangement agreement (the "arrangement agreement") with 1517452 b.c. ltd. the "purchaser"), an affiliate of fiserv, inc. (nyse: fi) "fiserv") a leading global provider of payments and financial services technology, whereby the purchaser will acquire the company, subject to obtaining shareholder and other customary approvals (the "transaction").
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