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Paysafe FY24: Revenue Increases by 6% to $1.7 Billion; Plans to Sell Business Lines

Paysafe FY24: Revenue Increases by 6% to $1.7 Billion; Plans to Sell Business Lines

Paysafe has signed a final agreement as part of its FY24 update to sell its direct sales payment processing business line.Fourth Quarter of 2024For the three months ending December 31, 2024, the company's total revenue grew by 1%, reaching $420 million.Breaking it down by verticals, Merchant Soluti

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Paysafe: Sports Bettors Demand Payment Options, Speed, and Security in Play

Paysafe: Sports Bettors Demand Payment Options, Speed, and Security in Play

The annual report 'All the Ways Players Pay' by Paysafe reveals insights from 4,300 online sports bettors in Europe, North America, and Latin America. A positive payment experience leads 82% of them globally to continue with their sports betting, according to new research. In addition to player rete

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Paysafe expands into the new regulated sports betting and iGaming market in Brazil.

Paysafe expands into the new regulated sports betting and iGaming market in Brazil.

Paysafe, a global financial services platform, announced that it has received approval from the Central Bank of Brazil for its payment institution (IP) license for the launch of the regulated market for sports betting and online gaming in the country. The authorization allows Paysafe to expand its p

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GiG and Betsson Group extend their collaboration to promote the development of the Zecure brand, expanding into multiple regulated markets.

Gaming Innovation Group (GiG) has announced the extension of its partnership with Betsson Group, aimed at enhancing the Zecure brand and supporting its growth in regulated markets.The renewed agreement builds on the partnership established in 2022, which enabled Betsson to expand into nine markets i

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Paysafe Becomes the GiG-Endorsed Payments Provider for CoreX Partners

Paysafe Becomes the GiG-Endorsed Payments Provider for CoreX Partners

Paysafe Becomes the GiG-Endorsed Payments Provider for CoreX PartnersPayments specialist Paysafe has formed a new partnership with GiG Software. This deal comes just after the latter company completed its spin-off from GiG Media, now known as Gentoo Media.Paysafe Supplies GiG with Key LPMsPer the de

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Skrill announced as the official partner for Chelsea Football Club's preseason tour.

Skrill announced as the official partner for Chelsea Football Club's preseason tour.

Payment provider Paysafe announced that its digital wallet brand Skrill has become the official sponsor of Chelsea Football Club’s preseason tour. Originally established in 2001, and part of the Paysafe Group, the payment platform aims to enhance its brand visibility on the North American cont

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