Paysafe Finishes Providers Consolidation with Foley Trasimene Buy Corp. II

Paysafe Finishes Providers Consolidation with Foley Trasimene Buy Corp. II

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Deal and you can move to resource areas expected to accelerate gains, improve margins, and you may continue steadily to make up on Paysafe’s Yards&A method

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Shared organization tend to perform since Paysafe Restricted and will trade for the the new York Stock exchange beneath the Ticker PSFE

London area, Uk and you will Vegas, NV – – Paysafe Class Holdings Restricted, a respected official money system, and you may Foley Trasimene Buy Corp. II (NYSE: BFT), (BFT WS) (“Foley Trasimene”), a separate goal order company, today established that they have done their in past times revealed merger. The newest merger try recognized in the an alternate fulfilling off stockholders off Foley Trasimene to the . The brand new joint team today works due to the fact Paysafe Limited (“Paysafe”) and you may Paysafe’s common shares and you will warrants begins change into Nyc Stock-exchange (NYSE) underneath the ticker signs “PSFE” and you will “PSFE.WS” correspondingly, starting the next day, .

Paysafe is actually a respected specialized costs platform, that have a-two-sided user and you may vendor community, whoever center purpose is to allow companies and you may consumers within world to connect and you can interact seamlessly using fee operating; electronic purses like the Skrill and you can Neteller names; and online dollars options together with paysafecard and you may Paysafecash.

William P. Foley, II, Creator and you may Chairman from Foley Trasimene commonly serve as President regarding Paysafe’s newly designed Panel off Administrators. […]

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