PSFE Stock Recent News

LONDON--(BUSINESS WIRE)--Paysafe Limited (NYSE: PSFE), a global payments platform, will announce fourth quarter and full year 2024 financial results on Tuesday, March 4, 2025, before market open. Management will host a live webcast to discuss the results at 8:30 a.m. ET the same day. The webcast, along with supplemental information, can be accessed on the investor relations section of the Paysafe website at ir.paysafe.com. An archive will be available after the conclusion of the event and will.

Payments platform Paysafe Limited agreed to sell its direct marketing payment processing business line, Paysafe Direct, to omnichannel payments provider Kort Payments, which is led by Paysafe's founder and former CEO, Joel Leonoff. The transaction includes reseller and merchant contracts, dedicated technology and employees related to the business, Paysafe said in a Tuesday (Feb.

LONDON--(BUSINESS WIRE)--Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE), a leading payments platform, announced a definitive agreement to sell its direct marketing payment processing business line (“the disposed business”). Paysafe also announced preliminary select results for the fourth quarter and full year 2024, along with supplemental financial information for comparability purposes, giving effect to the disposed business. Bruce Lowthers, CEO of Paysafe commented: “The divestitur.

Online payments firm Paysafe is reportedly considering a sale after getting takeover interest. The company is exploring options with the help of a financial advisor, Bloomberg reported Thursday (Feb. 6), citing unnamed sources.

Paysafe went public in 2021 through a $9 billion merger.

LONDON--(BUSINESS WIRE)--Paysafe's annual 'All the Ways Players Pay' report: Global bettors demand payment choice, speed, and security in play.

LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a global payments platform, today announced that it has received approval from the Central Bank of Brazil (BCB) for a payment institution (PI) license for the country's launch of its regulated online sports-betting and gambling market. The license allows Paysafe to expand its payment partnerships with iGaming operators into Latin America's most populated country as well as support Brazilian merchants in a range of other industries with eCommerce pa.

Paysafe's Q3 results showed solid revenue growth momentum with the company's growing sales team, iGaming partnerships, and other strategic initiatives. Profitability came in relatively weak in Q3, driven by Paysafe's growth investments and portfolio derisking. The weak profitability seems to have caused a major sell-off despite a relatively stable report. After the major sell-off, I estimate around a 60% upside in the PSFE stock.

Paysafe Limited's Q3 results showed mixed performance, with a slight revenue beat but a significant EPS miss, leading to a 25% drop in share price. The company's aggressive hiring increased costs without corresponding revenue growth, impacting efficiency and profitability, and raising concerns about its substantial debt levels. Despite a partnership with Revolut, there are no significant growth catalysts, and the company's average annual revenue growth remains underwhelming.

Paysafe Limited (NYSE:PSFE ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Kirsten Nielsen - Head of Investor Relations Bruce Lowthers - Chief Executive Officer Alex Gersh - Chief Financial Officer John Crawford - Chief Financial Officer Conference Call Participants Andrew Harte - BTIG Spencer James - Jefferies Paul Obrecht - Wolfe Research Operator Ladies and gentlemen, greetings, and welcome to the Paysafe Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.