Tag Archives: Philip McHugh

Paysafe completes Foley Trasimene merger listing on NYSE

Paysafe Group begins a ‘new era’ as the digital payment services provider floats on the New York Stock Exchange (NYSE) following its combination with SPAC vehicle Foley Trasimene Acquisition II Corp. Led by US financial services magnet, William Foley II Foley Trasimene had made its initial approach to take Paysfe public last December, targeting a $9 billion valuation.  March proceedings …

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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

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 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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