Tag Archives: Paysafe

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

SBC News 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

SBC News 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

SBC News 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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