Tag Archives: Paysafe Group

Paysafe boosts fintech vision with viafintech acquisition 

SBC News Paysafe boosts fintech vision with viafintech acquisition 

Paysafe Group continues to diversify its business portfolio through M&A, having secured a definitive agreement to acquire German fintech firm viafintech. The acquisition will see the viafintech team, including viafintech’s managing directors Sebastian Seifert, Achim Bönsch and Andreas Veller, integrated as part of Paysafe’s expanding eCash and open banking solutions’ team, headed up by Paysafe eCash CEO Udo Müller.  Commenting …

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Paysafe seeks NYSE listing following Foley SPAC takeover

SBC News Paysafe seeks NYSE listing following Foley SPAC takeover

Paysafe Group has confirmed its intentions to re-list as a public company, following its takeover by US special purpose acquisition company ‘Foley Trasimene Acquisition Corp II’ for $9 billion.    This afternoon, Paysafe published its deal prospectus under the ownership of Foley Trasimene, the ‘blank cheque company’ formed by finance and sports magnet Bill Foley, to acquire the global multichannel payment …

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Growth hungry Paysafe appoints Izzy Dawood as Group CFO

SBC News Growth hungry Paysafe appoints Izzy Dawood as Group CFO

Paysafe Group has confirmed the inbound appointment of Ismail ‘Izzy’ Dawood as new Group CFO, who will join the firm’s executive leadership team on 28 September, replacing outgoing incumbent Peter Smith. A 25-year financial services executive, Dawood joins Paysafe from North American credit score software and systems provider Branch International where he formerly served as CFO from 2019 to 2020. …

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PaySafe launches ‘US Rapid Transfer’ seeking to deliver instant conversion dynamics

SBC News PaySafe launches 'US Rapid Transfer' seeking to deliver instant conversion dynamics

Advancing its US position, digital payments technology firm PaySafe Group has confirmed that it will launch its ‘Rapid Transfer’ product through subsidiary Skrill USA. An established product within 18 European countries, Rapid Transfer is Paysafe’s ‘proprietary built’ instant bank transfer technology, which allows merchants to offer ‘instant secure onsite transactions’, increasing all-around customer conversions. In addition to facilitating merchant payment …

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Paysafe confirms Philip McHugh as inbound CEO

SBC News Paysafe confirms Philip McHugh as inbound CEO

Paysafe Group has confirmed the inbound appointment of Philip McHugh as new Chief Executive, replacing long-term leadership incumbent Joel Leonoff. McHugh will take charge of Paysafe’s executive team on 24 June, as Leonoff takes the governance position of Vice Chairman of Paysafe’s Board of Directors. A twenty-year executive, specialising in digital payments, retail banking and corporate finance, McHugh joins Paysafe …

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SuperBet Romania secures £175 million Blackstone backing

SBC News SuperBet Romania secures £175 million Blackstone backing

US private equity fund Blackstone Group LLP continues to expand its European gambling investment portfolio, confirming that it has invested €175 million in Romania and CIS market bookmaker SuperBet. The transactions sees the US PE firm secure a minority stake in SuperBet, Romania’s largest sports betting operator, through its strategic vehicle ‘Blackstone Tactical Opportunities’. Founded in 2008 by industry investor …

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Affiliate Marketing Masterclass confirmed for Betting on Sports America

Masterclass

Delegates attending the upcoming Betting on Sports America conference (23-25 April) will be given the chance to learn about how affiliate marketing will shape up in the newly open US market as part of the Affiliate Marketing Masterclass on 24 April. The Masterclass is free to attend and delivered in partnership with AffiliateINSIDER through the organisation’s Founder and CEO Lee-Ann …

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Paysafe Group signals US betting intent with ‘Single Point API’ launch

SBC News Paysafe Group signals US betting intent with 'Single Point API' launch

Global payments and e-merchant services provider Paysafe Group has stated its corporate intent to lead transactional services within the liberalised US sports betting market in 2019 and beyond. Yesterday at the ICE London 2019 conference, Paysafe leadership announced the launch of its industry-specific ‘single point API’, which will deliver a unified payment platform/solution for all igaming/betting incumbents. Launching its new vertical, …

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Ladbrokes Coral launches ‘unified partnership programme’ with Income Access

SBC News Ladbrokes Coral launches 'unified partnership programme' with Income Access

Paysafe Group’s marketing subsidiary Income Access begins 2019 with a major coup announcing that Ladbrokes Coral (GVC Holdings) will relaunch its affiliate marketing programme utilising its platform and system provisions. Income Access reveals that it has been selected as lead affiliate marketing software for Ladbrokes, Coral and Gala brands operating across multiple international markets. Updating stakeholders, Anat Schlesinger – Marcom Manager at …

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