Paysafe Limited (PSFE) Acquires SafetyPay for $441M
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Paysafe to Acquire SafetyPay
August 16, 2021 6:45 AM EDTLatest acquisition enables Paysafe to further scale in the high-growth Latin American region, taking advantage of the nascent open banking eco-system and building on its acquisition of PagoEfectivo. Transaction expected to drive multiple cross-selling opportunities across all Paysafe business units, enhancing long term growth prospects.
LONDON--(BUSINESS WIRE)-- Paysafe (NYSE: PSFE) (the company), a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire SafetyPay for USD 441 million in an all-cash transaction. SafetyPay is a leading payments platform that enables eCommerce... More
