Tag Archives: Paysafe

NetBet becomes first UK licensed operator to accept Bitcoin

NetBet has announced that they will accept Bitcoin for bets on their sportsbook and casino products. The UK bookmaker and online casino operator has become the first licensed operator in the UK to embrace the virtual currency. NetBet customers will now have the option to use Bitcoin to load their accounts via the Neteller and PaySafe payment methods. Alexandre Mangaud, …

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90 speakers across 28 topics finalised for Betting on Sports 2016

This week’s Betting on Sports Conference will offer the most comprehensive look at the betting industry ever seen, according to organisers SBC Events. From Brexit to Esports, marketing to integrity, money laundering to DFS, and US Sports to payments, the two-day conference will feature 90 speakers across 28 separate discussions. On Thursday 15th and Friday 16th September, high level delegates from …

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Lorenzo Pellegrino – “Income Access is a capability-enhancing acquisition for Paysafe Group”

Lorenzo Pellegrino, Paysafe Group’s CEO of Digital Wallets, sees value-added enhancements in his firm’s $30 million acquisition of leading industry affiliate and acquisition marketing software provider Income Access. Speaking to SBC News, Pellegrino stated that adding Income Access services Paysafe would gain “value-added services that extend beyond payments and will make our overall offering ‘stickier’ for merchants”. “The acquisition embeds our …

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Paysafe strengthens marketing services with $30 million Income Access acquisition

FTSE-listed online payment provider Paysafe Group (Paysafe) has confirmed the acquisition of leading industry affiliate and acquisition marketing software provider Income Access for a cash consideration of CAD $40 million (circa $30 million). Updating the market this morning, Paysafe governance declared that it had agreed to buy the Montreal-based marketing solutions provider, which currently services more than 25,000 industry affiliates. …

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DraftKings expands banking options in the UK

DraftKings, the world’s leading Daily Fantasy Sports (DFS) platform, is expanding its payment options in the United Kingdom through a partnership with Paysafe, a leading global payment provider. DraftKings’ UK customers can now fund their accounts with debit and credit cards. Through this agreement, Paysafe, a FTSE 250 company, will be the exclusive debit and credit card processor for DraftKings UK. Paysafe’s expertise in payment …

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Paysafe on course for FTSE 250 with + $600 million in revenues

Announcing its first FTSE full-year earnings results, online payments provider Paysafe Group (the merged entity of Optimal Payments and Skrill) reported a 68% revenue surge to $613 million (£432 million) for its FY2015 corporate performance (period ending 31 December 2015). As expected Paysafe Group pre-tax profits were impacted by its completed November 2015 takeover of competitor Skrill. The company would …

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Paysafecard predicts major trends for 2016

Members of Paysafe Group PLC, paysafecard, have predicted that prepaid payments will grow in importance and market share in 2016, as more and more people ask for quick, safe and convenient payment methods. This applies in particular to online purchases, especially for small amounts, when buying digital goods. The growing concerns about the risks that come with passing on credit …

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Paysafe Group secures December LSE listing

Paysafe Group the new unified brand of Optimal Payments and Skrill, has announced that it has applied to enter for a main marketing listing on the London Stock Exchange (LSE). Paysafe governance had outlined a move to LSE FTSE 250 prior to completing its +€1 billion acquisition of Skrill assets in August. Its new listing will aim to enhance its investor …

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