Paysafe

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

Retrieved on: 
Tuesday, March 12, 2024
Technology, Payments, Finance, Consulting, Fintech, Banking, Professional Services, Software, Other Professional Services, POS, Clover, Lost Reavers, Software as a service, Paysafe, Growth, Sale, M&A

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: 
Thursday, March 7, 2024
Software, Mobile, Wireless, Entertainment, Mobile Entertainment, Professional Services, Fintech, Data Management, Payments, Consumer Electronics, Apps, Applications, Technology, Electronic Games, Finance, Video game, EVP, Multimedia, KYC, Paysafe, Knowledge, Video, Mastercard, XPN, Internet, Acceleration, Partnership, Creative industries

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: 
Thursday, March 7, 2024
Apps, Applications, Technology, Payments, Finance, Fintech, Electronic Commerce, Professional Services, Digital Cash Management, Digital Assets, Software, Paysafe, Growth, Movement, Ecash, Digital wallet, Depreciation, Public expenditure, Cryptocurrency

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: 
Wednesday, March 6, 2024
Technology, Payments, Fintech, Electronic Commerce, Professional Services, Software, Digital Cash Management, Digital Assets, Networks, Internet, Data Management, Paysafe, Limited, PSFE

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: 
Wednesday, February 28, 2024
Payments, Technology, Software, Electronic Commerce, Internet, Digital Cash Management, Digital Assets, Paysafe, Limited, PSFE, Webcast, Q&A, Conference call, Conference, Broadcasting

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: 
Thursday, February 22, 2024
Technology, Professional Services, Payments, Electronic Commerce, Digital Cash Management, Digital Assets, Other Technology, Apps, Applications, Software, Other Professional Services, Fintech, Finance, Paysafe, Limited, PSFE

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.

SEGPAY COMPLIANCE MANAGER APPROVED BY CENTRAL BANK OF IRELAND

Retrieved on: 
Tuesday, February 6, 2024
Technological University Dublin, Central bank, City, Paysafe, Accenture, City Colleges, Financial adviser

FT. LAUDERDALE, Fla., Feb. 6, 2024 /PRNewswire/ -- Segpay, a pioneer in digital payment processing, announced today that Christopher Hamilton has received approval by the Central Bank of Ireland as the company's Money Laundering Reporting Officer PCF-52 for Segregated Payments (Ireland) Limited, Segpay's Centre of European Union operations based in Dublin. 

Key Points: 
  • "Christopher was selected to move into this role due to his extensive background in compliance," said Segpay CEO Cathy Beardsley.
  • "Leading compliance holds the critical responsibility of reporting while also maintaining high integrity and professional standards for Segpay."
  • "This role will be both challenging and rewarding and I'm excited to add this level of compliance and security for Segpay."
  • For more information on Christopher's role with Segpay, the Segpay EU team or how you can expand globally feel free to reach out directly to [email protected] .

Consumers Optimistic About 2024 Financial Outlook, as Paysafe Research Reveals Shifts in Spending and Saving Habits

Retrieved on: 
Thursday, December 7, 2023
Casino, Gaming, Entertainment, Fintech, Tourist Attractions, Vacation, Cruise, Personal Finance, Other Travel, Women, Transportation, Security, Online, Lodging, Destinations, Events, Concerts, Travel, Small Business, Men, Generation Z, Apps, Applications, Online Retail, Consumer, Software, Fashion, Department Stores, Retail, Electronic Commerce, Consumer Electronics, Millennials, Technology, Finance, Professional Services, Other Entertainment, Research, NYSE, Optimism, Small business, Clothing, E-commerce, PSFE, Online shopping, Paysafe

This is according to new research from Paysafe (NYSE: PSFE), which reveals a consumer landscape characterised by a mix of optimism, caution, and a willingness to adapt spending habits.

Key Points: 
  • This is according to new research from Paysafe (NYSE: PSFE), which reveals a consumer landscape characterised by a mix of optimism, caution, and a willingness to adapt spending habits.
  • The research surveyed 14,500 consumers across Europe, North America, and Latin America for Paysafe’s Lost in Transaction 2023: The Disposable Income Report - How consumers are changing their discretionary spending .
  • Optimism is particularly pronounced among Millennials and Generation Z, with 57% of each group expressing confidence in their near-term financial future.
  • Conversely, over a third of consumers (37%) admitted to saving less due to rising living costs or not saving at all (18%).

Paysafe Offers Network Tokenisation Service for Merchants with Visa

Retrieved on: 
Monday, November 20, 2023
Technology, Payments, Finance, Security, Fintech, Electronic Commerce, Professional Services, Retail, Online Retail, Risk, Fraud, E-commerce, NYSE, Visa, PSFE, Payment card, Online shopping, Paysafe

The new valued added Network Tokenisation Service adds an additional layer of protection for cardholders without impeding the user journey, resulting in a seamless payments experience and higher authorisation rates.

Key Points: 
  • The new valued added Network Tokenisation Service adds an additional layer of protection for cardholders without impeding the user journey, resulting in a seamless payments experience and higher authorisation rates.
  • Visa Network Tokens update expired card numbers in real time, eliminating unnecessary declines and ensuring recurring payment subscriptions remain uninterrupted.
  • The integration allows merchants to access the Visa Network Tokenisation Service through Paysafe’s Single Payments API, providing enhanced security when conducting customer-initiated payments, merchant-initiated payments, refunds, original credit transfers and standalone credit transfers within Europe.
  • We are proud to work with Visa to provide this value-added network tokenisation service to our merchants, integrating an extra layer of protection for their customers and significantly enhancing their payment journey.”
    Mehret Habteab, SVP Product & Solutions Europe at Visa added: “Visa Network Tokens help deliver a compelling digital payments experience that can help reduce fraud and increase authorisation rates by 5%.

With the Holiday Season Fast Approaching, Paysafe Research Outlines How Online Merchants Can Grow Sales

Retrieved on: 
Thursday, November 16, 2023
Payments, Professional Services, Technology, Electronic Commerce, Online Retail, Mobile, Wireless, Retail, Business, Ecash, Food, Italians, Cropping system, Research, NYSE, Habit, Online shopping, Paysafe

The leading payments platform found that offering a broader range of payment options is vital today both to large and small online businesses.

Key Points: 
  • The leading payments platform found that offering a broader range of payment options is vital today both to large and small online businesses.
  • For instance, 48% of consumers favour digital wallets when shopping online during the holiday season, with 41% regularly using bank transfers and 25% embracing online cash payment solutions, also known as eCash.
  • The study also found that the increased cost of living will markedly change shopping habits this holiday season, with 81% of consumers planning to adjust their spending.
  • Merchants who offer multiple payment methods and a seamless payment experience will create differentiation, cater to new audiences and increase conversion rates.”