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Payfare Launches Pronto for On-Demand Wage Access

November 20, 2024 by Newsdesk

Earned wage access company Payfare has launched Pronto, a product offering Canadian hourly workers on-demand access to their earned wages. Built on Payfare’s payout platform, Pronto enables employees to access wages as they earn, bypassing traditional pay cycles. CEO Marco Margiotta highlighted Pronto’s benefits, including improved employee satisfaction, retention, and productivity.

Despite a recent strategic review following a customer loss, Payfare remains profitable and committed to innovation. Pronto reflects Payfare’s ongoing focus on financial wellness solutions for workforces, with a strong pipeline of opportunities in the gig economy and earned wage access markets.

Want to know more? Check out the source code on Fintech.ca.

Filed Under: News Tagged With: Payfare

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