Research analysts covering PAID.
Recent press releases and 8-K filings for PAYD.
PAID INC Subsidiary ShipTime Acquires 80% Stake in Warehowz
PAYD
M&A
New Projects/Investments
- PAID, Inc., through its subsidiary ShipTime Canada Inc., acquired an 80% ownership stake in Warehowz, Inc., a North American on-demand warehousing and fulfillment marketplace, effective January 30, 2026.
- The acquisition aims to expand ShipTime's North American market presence and enhance its logistics capabilities for enterprise shippers, leveraging Warehowz's network of over 2,500 warehouses.
- In 2025, Warehowz, Inc. reported approximately $428,000 in revenue and a net loss of $79,800.
- The acquisition involves repaying approximately $102,000 in Warehowz indebtedness in restricted common stock and a $75,000 convertible note, along with future earnout cash payments to Warehowz shareholders.
1 day ago
PAID's ShipTime Subsidiary Acquires 80% Stake in Warehowz
PAYD
M&A
New Projects/Investments
- ShipTime Canada Inc., a subsidiary of Paid, Inc. (OTC: PAYD), has acquired an 80% ownership stake in Warehowz, Inc..
- Warehowz is a North American on-demand warehousing and fulfillment marketplace with a network of over 2,500 warehouses across the United States and Canada.
- This strategic acquisition is intended to accelerate ShipTime's expansion across North America, enhance its ability to support enterprise-level shippers, and integrate warehousing, fulfillment, and shipping tools into a unified platform.
1 day ago
XTM Inc. Commences RPAA Compliance Process for Everyday Payments
PAYD
New Projects/Investments
Accounting Changes
- XTM Inc. (PAID) has initiated the Retail Payment Activities Act (RPAA) compliance process through its management services subsidiary, Everyday People Payments Inc., for thousands of hospitality businesses across Canada.
- The RPAA is a Canadian federal law establishing a comprehensive regulatory framework for payment service providers, which came into force in stages beginning in November 2024, with registration opening on November 1, 2024.
- On January 28, 2026, Everyday Payments implemented additional risk mitigation measures, including the implementation of regulated trust accounts, a transition from weekly to daily withdrawals, and enhanced audit and review rights for business owners.
- This compliance process is a meaningful step for XTM as it completes the migration of its AnyDay solution to Everyday Payments.
5 days ago
XTM Inc. Completes Migration of 100,000+ Members to Virtual Wallet Platform
PAYD
Product Launch
New Projects/Investments
- XTM Inc. has successfully migrated over 100,000 members to its Everyday Payments virtual tokenized wallet platform for same-day gratuity, expense, and petty cash management, primarily for Canada’s frontline hospitality staff.
- This migration was completed as part of a Strategic Management Services Agreement with Everyday People Financial Corp., which established Everyday Payments as a majority-owned subsidiary of XTM.
- Everyday Payments is experiencing increasing demand for financial products and plans to introduce additional services like lending and overdraft programs to advance financial inclusion for working Canadians.
- The new management services structure has allowed XTM to significantly reduce operational complexity and shift focus towards identifying new payment opportunities across additional verticals and geographies, including the United States and international markets.
Jan 8, 2026, 1:30 PM
XTM Inc. and Everyday People Financial Corp. Announce Strategic Management Services Agreement
PAYD
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Everyday People Financial Corp. (EPF) and XTM Inc. (XTM) entered into a Management Services and Program Management Agreement (MSA) on October 22, 2025, with an initial term of five years.
- Under the MSA, EPF will assume full operational management, compliance oversight, and technology administration of XTM’s Canadian network branded card and digital wallet programs through a jointly formed subsidiary, Everyday People Payments Inc..
- The new subsidiary, Everyday Payments, will be 90% owned by XTM and 10% by EPF initially, with EPF having the potential to earn additional equity up to 49.9% based on net revenue milestones.
- The agreement is expected to be immediately accretive to XTM’s financial performance by eliminating significant operating costs, and the collaboration is anticipated to generate annualized revenues in line with XTM's $9.1 million net revenues in 2024 within twelve months of full transition.
- This partnership aims to create a comprehensive fintech ecosystem by combining both companies' payment technologies under EPF's Digital Commerce Bank platform, leveraging EPF's existing infrastructure to achieve material economies of scale.
Oct 24, 2025, 11:02 AM
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