Paysafe

Paysafe Ltd. provides online payment solutions. The firm operates through the following segments: Integrated Processing, Digital Wallet and eCash Solutions. The Integrated Processing business segment focuses on card not present and card present solutions for small to medium size business merchants. The Digital Wallet business segment provides wallet based online payment solutions through its Skrill and NETELLER brands. The eCash Solutions segment enables consumers to use cash to facilitate online purchases through its paysafecard prepaid vouchers. The company was founded in 1996 and is headquartered in London, the United Kingdom.

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Paysafe reports solid Q4 earnings, eyes growth in digital wallets

Paysafe aims for strong organic growth in 2023, particularly in North American iGaming.
Plans to expand APMs, enhance client experience, and drive innovation for future growth.
Despite challenges in Europe, the company remains competitive in the U.S. gaming market.

Paysafe surpasses Q1 revenue targets, eyes AI for growth

Paysafe's Q1 performance exceeded expectations with revenue and EBITDA growth.
The company's strengths lie in its global network, customer satisfaction, and sales progress.
Challenges include high debt levels and the absence of a share buyback program.
Opportunities exist in leveraging AI for growth, maintaining outlook, and wallet revenue growth.

Paysafe reports solid Q2 results, eyes revenue growth and innovation

Paysafe's Q2 2023 performance reflects revenue and EBITDA growth, strengthened client relationships, and debt reduction.
While facing challenges in margin expansion and market competition, Paysafe is poised for revenue growth and innovation.
Opportunities lie in market expansion through new features, profitability enhancement, and customer-centric strategies.

Paysafe reports robust Q3 earnings, eyes growth in fintech sectors

Paysafe's Q3 performance reflects continued revenue growth, strong financial metrics, and strategic initiatives to drive innovation and customer value.
While facing challenges such as FX issues and competitive dynamics, Paysafe's focus on growth opportunities in Merchant Solutions and e-commerce spaces bodes well for its future.
By maintaining guidance, investing in share repurchases, and staying agile in a dynamic market, Paysafe is poised for sustained growth and market leadership.

Paysafe exceeds revenue targets, plans sales team expansion for growth

Paysafe's Q4 2023 Earnings Call highlighted strong financial performance, growth in enterprise deals, and improvements in customer engagement. The company plans to expand its sales team, optimize its portfolio, and enhance client satisfaction through value-added services. Challenges include gross margin headwinds and differences in growth between merchant solutions and Digital Wallet segments.

Paysafe reports strong Q1 earnings, eyes sports betting expansion

Paysafe's Q1 2024 performance reflects revenue growth, margin improvements, and strategic investments positioning the company for long-term success. Challenges include regulatory complexities in sports betting and selecting the right partners for sustainable growth.
Opportunities lie in expanding sports betting operations, strengthening partnerships, and driving wallet platform user conversions for increased ARPU. Paysafe's focus on sustainability initiatives and efficient program implementation further enhances its growth prospects.

Paysafe reports robust Q2 earnings, eyes growth in digital payments

Paysafe's Q2 performance reflects strong revenue growth and operational efficiency, supported by strategic initiatives and market expansion efforts.
While facing challenges in meeting revised targets and scaling customer acquisition efficiently, the company's partnerships and market positioning provide avenues for growth.
Opportunities lie in expanding the user base, enhancing product offerings, and leveraging digital payment trends to drive future revenue growth and market competitiveness.

Paysafe reports solid Q3 results, poised for sustained growth

Paysafe's Q3 performance reflects steady revenue growth, operational efficiency gains, and improved financial metrics, underpinning a positive outlook for the company.
Strengths in Merchant Solutions and Digital Wallets segments, coupled with prudent capital management, position Paysafe for sustained growth and value creation.
Challenges in certain revenue segments and market dynamics necessitate strategic agility and innovation to capitalize on growth opportunities and navigate potential obstacles.

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Paysafe Ltd. provides online payment solutions. The firm operates through the following segments: Merchant Solutions and Digital Wallet. The Merchant Solutions business segment focuses on card not present and card present solutions for small to medium size business merchants. The Digital Wallet business segment provides wallet based online payment solutions through its Skrill, eCash solutions and NETELLER brands. The company was founded in 1996 and is headquartered in London, the United Kingdom.

LONDON--( BUSINESS WIRE )--Four in five (80%) SMBs (small to medium-sized businesses) consider payments and a seamless checkout experience as critical to growth. New research among 200 U.S. brick-and-mortar SMBs commissioned by leading payments platform, Paysafe (NYSE: PSFE), revealed that 69% of merchants want to reduce the time their customers spend at the checkout. 70% of them also want to prioritize integrating new payments technology in-store to enhance customer experience.

Paysafe: In-Store SMBs See Reduced Checkout Times as Key to Growth

Legacy solutions are no longer adequate to support the payments industry's fundamental changes. PSFE focuses on the iGaming and emerging markets sectors.

Paysafe: Valuation At 2.2x Forward Revenue Seems Cheap

LONDON--( BUSINESS WIRE )--Paysafe's (NYSE: PSFE) cash arm – viafintech – has started a new partnership with Germany's third-largest bank by number of customers, ING Germany. From today, more than nine million ING customers can make cash deposits or withdrawals from their current account at participating retailers across the country. The new cash feature, known as ‘ING Cash' (locally known as ING Bargeld), is available within ING's ‘Banking to Go' app.

ING Germany Partners With Paysafe to Strengthen Its Consumer Offering

Paysafe Limited is a global payments provider which has a strong presence in Europe. The company reported solid financial results in the third quarter, beating both revenue and earnings estimates, despite FX headwinds.

Paysafe: Deep Value Fintech Opportunity

The company's latest financial engineering measure isn't being cheered by investors.

Why Paysafe Stock Plunged by 10% on Friday

LONDON--( BUSINESS WIRE )--Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE) (PSFE.WS), a leading global payments platform, announced today that its Board of Directors has approved a consolidation and redesignation of the issued and unissued common shares of par value $0.001, and the unissued undesignated shares, of par value $0.001, at a ratio of 1-for-12 (the “reverse stock split”), such that after giving effect to the reverse stock split, the authorized share capital of the Company shall be comprised of $22,000,000 divided into 1,600,000,000 common shares of par value $0.012 each (the “Common Shares”) and 233,333,333.3 undesignated shares of par value $0.012 each. The reverse stock split will be effective at 4:01 p.m. (ET) on December 12, 2022, and the Common Shares will begin trading on a split-adjusted basis when the New York Stock Exchange (the “NYSE”) opens for trading on Tuesday, December 13, 2022. The Common Shares will continue to trade on the NYSE under the trading symbol “PSFE”, but will trade under the following new CUSIP number starting December 13, 2022: G6964L 206. The reverse stock split was approved by Paysafe's shareholders at the special general meeting of shareholders held on December 8, 2022 with over 95% approval for all proposals.

Paysafe Announces Reverse Stock Split

LONDON--( BUSINESS WIRE )--Paysafe (NYSE: PSFE), a leading payments platform, today announced a partnership with Virgin Voyages, Richard Branson's lifestyle travel brand focused on delivering irresistible cruise vacations for adult travelers. Paysafe will ensure travelers can quickly and securely pay online for their next cruise with Virgin Voyages, whose payments risk will also be mitigated by Paysafe's bespoke travel solution.

Virgin Voyages Welcomes Paysafe Aboard for Online Payments

LONDON--( BUSINESS WIRE )--The majority of online SMBs (small to medium size businesses) rely on seasonal business to keep them afloat, but around half (52%) say they have experienced checkout issues during these vital surge shopping periods, up from 43% in 2021. That's according to new research with over 1,100 merchants in 12 countries* commissioned by leading specialised payments platform Paysafe (NYSE: PSFE).

Paysafe Study Finds That Over Half of Online Merchants Report Checkout Issues During Peak Shopping Times

PayPal

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Fintech stocks have had a miserable year. Just look at the year-to-date performance of the Global X FinTech ETF (NASDAQ: FINX ).

3 Cheap Fintech Stocks to Buy Before They Rebound

LONDON--( BUSINESS WIRE )--Paysafe Limited (NYSE: PSFE), a leading specialized payments platform, today announced that Chief Executive Officer Bruce Lowthers will participate in a fireside chat at the Credit Suisse 26th Annual Technology Conference on Wednesday, November 30, in Scottsdale, Arizona. The discussion will begin at 10:15 a.m. MT / 12:15 p.m. ET. Management will also be available for meetings during the conference.

Paysafe to Participate in the Credit Suisse 26th Annual Technology Conference

LONDON--( BUSINESS WIRE )--Leading specialised payments platform Paysafe (NYSE: PSFE) has further strengthened its relationship with Microsoft, launching paysafecard as a new alternative payment option on Microsoft.com and Xbox.com in the United States and eight additional European countries.

Paysafe and Microsoft Expand Collaboration

Paysafe's Q3 earnings news wasn't great, so why is its stock rising?

Why Paysafe Stock Popped 7% Today

Paysafe Limited (NYSE:PSFE ) Q3 2022 Results Conference Call November 10, 2022 8:30 AM ET Company Participants Kirsten Nielsen - Head, IR Bruce Lowthers - CEO Izzy Dawood - Advisor Alex Gersh - CFO Conference Call Participants David Togut - Evercore ISI Jamie Friedman - Susquehanna Darrin Peller - Wolfe Research Tim Chiodo - Credit Suisse Dan Perlin - RBC Capital Markets Operator Greetings, and welcome to the Paysafe Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Paysafe Limited (PSFE) Q3 2022 Earnings Call Transcript

Shares climbed more than 10% in premarket trading. Earnings were slightly below estimates but projections for revenue exceeded expecations.

Paysafe Stock Surges After Revenue Forecast Better Than Expected

LONDON--(BUSINESS WIRE)--Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the third quarter of 2022.

Paysafe Reports Third Quarter 2022 Results; Reaffirms and Tightens Full Year Outlook; Announces Planned Reverse Stock Split

LONDON--(BUSINESS WIRE)--Paysafe Limited (the “Company” or “Paysafe”) (NYSE: PSFE), a leading specialized payments platform, will announce third quarter 2022 financial results on Thursday, November 10, 2022, prior to market open.

Paysafe to Release Third Quarter 2022 Earnings Results on November 10

LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a new integrated payments partnership with HotelKey, a cloud-based software solution provider for the hospitality industry.

Paysafe Partners With HotelKey to Streamline Payments for US Hotels

Paysafe continues to struggle as a public company having slashed adjusted EBITDA estimates for 2022 to only $400 million. The company continues to reshuffle executives with the recent replacement of the CFO.

Paysafe: Still In The Penalty Box

Entry into Kansas's online sports-betting market is a part of Paysafe's (PSFE) 2022 North American expansion drive.

How Will Paysafe (PSFE) Benefit From Its Kansas Expansion?

LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced its entry into the new Kansas online sports-betting market. The move sees Paysafe supporting multiple online sportsbooks in the state with players' credit and debit card deposits plus ACH payments, while its marketing technology and services provider Income Access is powering the affiliate marketing programs of several Kansas iGaming brands. With Kansas going live this month with online and r

Paysafe expands into Kansas online sports-betting market

Paysafe, an international payments company headquartered in London, announced in a press release Wednesday (Sept. 21) that it is joining Spreedly's Partnership Program — an “inclusive ecosystem which offers multiple payments services globally, with 120+ available integrations from a single point of connection.

London-Based Paysafe Joins Spreedly Partner Program

LONDON--(BUSINESS WIRE)--Spreedly offers Paysafe's payment gateway to merchants across the UK and Europe

Paysafe Joins Spreedly's Partnership Program for International Merchant Payments

Paysafe Ltd. ( PSFE , Financial) provides digital commerce solutions to online businesses, small and medium-sized business merchants and consumers through its Paysafe Network worldwide.

Paysafe Is a Growing Fintech With a Heavy Debt Load

LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a partnership with ClutchBet, the new Denver-headquartered U.S. mobile sportsbook from Australia's BlueBet Holdings Ltd. (ASX: BBT). The first stage of a multi-state partnership sees Paysafe's revamped Skrill USA digital wallet and its Paysafecash eCash solution facilitate online payments for ClutchBet's Iowa sportsbook and its players. Launched last month for the 2022 NFL season, the new Clu

Paysafe Strengthens Iowa iGaming Market Presence with ClutchBet Deal

LONDON--(BUSINESS WIRE)--Over half (59%) of consumers are more concerned about becoming a victim of fraud now than they were in 2021. That's according to research* released by leading specialised payments platform, Paysafe (NYSE: PSFE) which indicates that consumers across North America, Latin America and Europe are prioritising security over convenience when making online purchases, as the impact of rising inflation and energy prices continues to fuel financial worries. The research revealed t

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