Paysafe

Kurt Adams to Succeed Bob Santella as CEO of IPC

Retrieved on: 
onsdag, maj 29, 2024

New York, May 29, 2024 (GLOBE NEWSWIRE) -- IPC, a leading provider of trading communications, electronic trading and infrastructure solutions for global financial markets, announced today that as part of a planned leadership transition Kurt Adams will succeed Bob Santella as CEO.

Key Points: 
  • New York, May 29, 2024 (GLOBE NEWSWIRE) -- IPC, a leading provider of trading communications, electronic trading and infrastructure solutions for global financial markets, announced today that as part of a planned leadership transition Kurt Adams will succeed Bob Santella as CEO.
  • Adams has more than 25 years of leadership experience in the financial and technology industries, most recently serving as CEO of Optum Financial.
  • Prior to joining Optum in 2019, Adams was group president and CEO of corporate payments for Fleetcor Technologies, Inc.
  • With SVP becoming the sole owner of IPC, this is an opportune time for Bob to pass the torch to Kurt, who is well suited to lead IPC through its next stage of growth.

Paysafe Reports First Quarter 2024 Results; Reaffirms Full Year Outlook

Retrieved on: 
måndag, maj 13, 2024

Net income for the first quarter increased to $3.1 million, compared to a net loss of $3.8 million in the prior year period.

Key Points: 
  • Net income for the first quarter increased to $3.1 million, compared to a net loss of $3.8 million in the prior year period.
  • Adjusted net income for the first quarter increased 7% to $35.3 million, compared to $33.1 million in the prior year period.
  • Adjusted EBITDA for the first quarter was $111.9 million, an increase of 4%, compared to $107.8 million in the prior year period.
  • Embedding sustainability practices into every level of the organization will increase the positive impact Paysafe makes on customers, employees, society and the environment.

Paysafe to Participate in the Barclays Emerging Payments and FinTech Forum on May 15

Retrieved on: 
onsdag, maj 8, 2024

Paysafe Limited (NYSE: PSFE), a leading payments platform, today announced that Chief Financial Officer, Alex Gersh, will participate in a fireside chat at the Barclays 14th Annual Emerging Payments and FinTech Forum on Wednesday, May 15, 2024 at 11:30 AM ET.

Key Points: 
  • Paysafe Limited (NYSE: PSFE), a leading payments platform, today announced that Chief Financial Officer, Alex Gersh, will participate in a fireside chat at the Barclays 14th Annual Emerging Payments and FinTech Forum on Wednesday, May 15, 2024 at 11:30 AM ET.
  • A live webcast of the fireside chat will be available on the Paysafe Investor Relations website at https://ir.paysafe.com/ under the “Events & Presentations” section and archived for a limited time.

Paysafe to Release First Quarter 2024 Earnings Results on May 13

Retrieved on: 
torsdag, april 25, 2024

Paysafe Limited (NYSE: PSFE), a leading payments platform, will announce first quarter 2024 financial results on Monday, May 13, 2024, after market close.

Key Points: 
  • Paysafe Limited (NYSE: PSFE), a leading payments platform, will announce first quarter 2024 financial results on Monday, May 13, 2024, after market close.
  • Management will host a live webcast to discuss the results at 4:30 p.m.
  • The webcast, along with supplemental information, can be accessed on the investor relations section of the Paysafe website at ir.paysafe.com .
  • An archive will be available after the conclusion of the event and will remain available via the same link for at least one year.

733Park Announces the Exclusive Listing of Project Treasure – A Premier Merchant Processing Portfolio for Sale

Retrieved on: 
tisdag, mars 12, 2024

733Park , Inc., a distinguished advisory firm specializing in payments, fintech, SaaS, and ISVs, announced it has been exclusively appointed to represent Project Treasure, a lucrative recurring revenue merchant processing portfolio positioned for sale.

Key Points: 
  • 733Park , Inc., a distinguished advisory firm specializing in payments, fintech, SaaS, and ISVs, announced it has been exclusively appointed to represent Project Treasure, a lucrative recurring revenue merchant processing portfolio positioned for sale.
  • Project Treasure stands as a testament to astute financial engineering and market fit, yielding an impressive $175,000 in net monthly revenue, net of agents.
  • This listing shines particularly brightly due to its substantial composition of cash discounting accounts, representing 60% of the total portfolio.
  • Lane Gordon , 733Park's founder and M&A veteran, commented, "Project Treasure represents an unparalleled opportunity in the merchant processing space.

Xsolla Debuts Xsolla Wallet, Empowering Developers and Creators With Access to Embedded Finance Solutions and Instant Earnings

Retrieved on: 
torsdag, mars 7, 2024

Our mission is to provide equal access for developers, creators, and everyone in the creator economy with embedded finance solutions for the video game industry.

Key Points: 
  • Our mission is to provide equal access for developers, creators, and everyone in the creator economy with embedded finance solutions for the video game industry.
  • View the full release here: https://www.businesswire.com/news/home/20240307401699/en/
    The Xsolla Wallet is a game-changing solution offering embedded finance options specifically designed for developers and creators.
  • For Developers: Xsolla Wallet simplifies access to embedded finance services and streamlines onboarding and compliance, integrating these critical aspects within the creators' wallet accounts.
  • For Creators: Xsolla Wallet empowers creators and influencers to pay, get paid and manage earnings, transforming their content into viable revenue sources.

Paysafe Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook

Retrieved on: 
torsdag, mars 7, 2024

Net loss attributable to the Company for the fourth quarter was $12.1 million, compared to $33.7 million in the prior year period.

Key Points: 
  • Net loss attributable to the Company for the fourth quarter was $12.1 million, compared to $33.7 million in the prior year period.
  • Adjusted EBITDA for the fourth quarter was $121.7 million, an increase of 13%, compared to $107.6 million in the prior year period.
  • Fourth quarter operating cash flow was $61.6 million, compared to $64.1 million in the prior year period.
  • As of December 31, 2023, total cash and cash equivalents were $202.3 million, total debt was $2.5 billion and net debt was $2.3 billion.

Paysafe to Participate in the Wolfe Research FinTech Forum on March 13

Retrieved on: 
onsdag, mars 6, 2024

Paysafe Limited (NYSE: PSFE), a leading payments platform, today announced that Chief Executive Officer, Bruce Lowthers, will participate in a fireside chat at the Wolfe Research FinTech Forum on Wednesday, March 13, 2024 at 11:00 AM ET.

Key Points: 
  • Paysafe Limited (NYSE: PSFE), a leading payments platform, today announced that Chief Executive Officer, Bruce Lowthers, will participate in a fireside chat at the Wolfe Research FinTech Forum on Wednesday, March 13, 2024 at 11:00 AM ET.
  • A live webcast of the fireside chat will be available on the Paysafe Investor Relations website at https://ir.paysafe.com/ under the “Events & Presentations” section and archived for a limited time.

Paysafe to Release Fourth Quarter 2023 Earnings Results on March 7

Retrieved on: 
onsdag, februari 28, 2024

Paysafe Limited (NYSE: PSFE), a leading payments platform, will announce fourth quarter 2023 financial results on Thursday, March 7, 2024, prior to market open.

Key Points: 
  • Paysafe Limited (NYSE: PSFE), a leading payments platform, will announce fourth quarter 2023 financial results on Thursday, March 7, 2024, prior to market open.
  • Management will host a live webcast to discuss the results at 8:30 a.m.
  • The webcast, along with supplemental information, can be accessed on the investor relations section of the Paysafe website at ir.paysafe.com .
  • ET.

Paysafe to Participate in the Evercore ISI Payments & Fintech Innovators Forum on February 28

Retrieved on: 
torsdag, februari 22, 2024

Paysafe Limited (NYSE: PSFE), a leading payments platform, today announced that Chief Revenue Officer, Rob Gatto, will participate in a fireside chat at the 8th Annual Evercore ISI Payments & Fintech Innovators Forum on Wednesday, February 28, 2024 at 1:00 PM ET.

Key Points: 
  • Paysafe Limited (NYSE: PSFE), a leading payments platform, today announced that Chief Revenue Officer, Rob Gatto, will participate in a fireside chat at the 8th Annual Evercore ISI Payments & Fintech Innovators Forum on Wednesday, February 28, 2024 at 1:00 PM ET.
  • A live webcast of the fireside chat will be available on the Paysafe Investor Relations website at https://ir.paysafe.com/ under the “Events & Presentations” section and archived for a limited time.