Paysafe Limited (PSFE) Posts Q2 Net Loss of $6.6M
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Paysafe Limited (PSFE) Acquires SafetyPay for $441M
August 16, 2021 6:46 AM EDTPaysafe (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 transactions via an unrivalled choice of open banking and eCash solutions, operating primarily in Latin America. For Paysafe, this latest deal strengthens its strategic foothold in Latin America, building on its recently announced acquisition agreement with Peruvian payments platform, PagoEfectivo. Together the two acquisitions set Paysafe up to be the leading open banking and eCash... More
