Fiserv completed the acquisition of Payfare for CAD201m.

Fiserv, a global provider of payments and financial services technology, completed the acquisition of Payfare, a provider of program management solutions with a particular focus on new economy workforces for CAD201m. "It's an exciting day for Payfare as we join together with Fiserv. This is a transformative step that will further our mission of providing financial security and inclusion for all workers, as we innovate further and faster with Fiserv. Thank you to the dedicated Payfare team, our clients, and partners who have paved a new way of pay, as we powered over $20 billion in instant access to earnings for millions of gig workers over the years," Marco Margiotta, Payfare CEO & Founding Partner.