techfere.blogg.se - Paysafecard twitter

viafintech shareholders – Glory Ltd and GRENKE BANK AG – to continue partnering with Paysafe post sale.

Latest acquisition accelerates Paysafe’s growth in Germany and other key markets where consumers continue to move away from the legacy banking system.

They've been following this all along the way. They're not building something new based on the capabilities the technology affords us today. 1 has been around for that long, you feel like not only do they have expertise and really the market that they are pursuing, but they've had a lot of experience in building products and services as this payment space has evolved. I don't think that's something that is going to change. I think that ball is going to continue rolling in that direction. I mean, it's tremendous opportunity there, particularly as you see sports betting becoming legalized in more and more places. Moser: It's certainly is a bit more clear understanding that focus on the gaming market, and I agree with you. I don't know, what do you make of Paysafe? I like that they are a leader in a couple of really key growth markets. It started trading under its new symbol on March 31. The merger was completed just a few days ago. Thank you, Tim, for putting that in the chat. I like this merger, ticker symbol is PSFE by the way, now it's actually trading under its own ticker symbol since the merger was completed. There is a long list on his website of companies that he's really done a great job of adding value to.

Just really adds value to all these fintechs. The margin expansion, he's really helped out with his expertise and got them 1,800 basis points of margin expansion since that time. He invested in 2003, where the stocks up something like 35X since then. They were taken public by a SPAC led by Bill Foley, who has a fantastic track record of not only investing but adding value to financial services companies.įrankel: FIS, Fidelity Information Services. What are some of the takeaways from Paysafe? What do you feel like listeners should know about this business?įrankel: First of all, before I said something a little negative about Payoneer a minute ago, that they used that line.įrankel: That was a Paysafe product.

Let's take a big-picture look at this business, understanding that it is a fintech, a payment processing company. But you've had the chance to dig in a little bit to Paysafe. I'm not saying they don't do that, I'm not saying they don't do it well, but when you have a lot of these companies that are doing the same thing, you have to try to make sense of them and figure out which ones are going to be the better opportunities. That's not to take anything away from them. I think that's the exact line Payoneer used when they were on the show not long ago. Matthew Frankel: That last line sounds very familiar. Jason Moser: Paysafe says they are leading specialized payments platform with a two-sided consumer and merchant network, that sounds like Square, whose core purpose is to enable businesses and consumers around the world to connect and transact seamlessly through payment processing.