GPT Invests in Paysend’s Unique Cross-Border Payment Solution

Global Paytech Ventures (GPT) announced their follow-on investment in Paysend, the card-to-card pioneer and international payments platform renowned for its worldwide scale and its plans for further global expansion. “Paysend offers a truly global, cross-border solution that integrates the entire payment ecosystem. I am hugely excited by Paysend’s potential to become the number one payments platform of choice for customers around the world,” said Javier Perez, GPT’s Founder and Managing Partner. Paysend is a next generation integrated global payment...

Podium Appoints Loren Padelford as Chief Operating Officer

Podium Creates New Role to Oversee Go-to-Market Strategy and Operations Across Global Business Podium, a communication and payments platform for local businesses, announced today that it has hired Loren Padelford in a newly created role as chief operating officer to oversee all aspects of the go-to-market strategy and operations across Podium’s business. In this role, Loren will be responsible for building out and scaling the marketing, sales, business development, customer success and international efforts for Podium. “Local...

Fubo Sportsbook to plug into Paysafe for full suite of payments

Forthcoming Fubo Sportsbook to plug into Paysafe for full suite of traditional and alternative payments Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a partnership with Fubo Gaming, the Chicago-based subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO). Expected to launch in Q4 2021 subject to obtaining requisite regulatory approvals, Fubo Gaming’s mobile sportsbook, Fubo Sportsbook, will plug into Paysafe for credit and debit card payments, the Skrill USA digital wallet, and paysafecard...

Former American Express OPEN President joins Plastiq

Plastiq, the leading smart payments platform for small and mid-sized businesses (SMBs), today announced the appointment of Kerry Hatch as its new President and board member. In her new position, Kerry will play a key role in accelerating the growth of the business by leading the product, engineering, talent, operations, business development, and go-to-market functions at Plastiq. “As an advisor to Plastiq for many years, Kerry is well versed in the goals of our company as well as the financial technology...

Paysafe Appoints Zak Cutler to Lead Its North America

Former Jackpocket and DraftKings executive brings additional iGaming expertise and deep industry relationships to Paysafe Paysafe (NYSE:PSFE), a leading specialized payments platform, today announced it has appointed seasoned iGaming executive, Zak Cutler, as CEO, North America iGaming. The newly created executive role, which reports directly into Group CEO, Philip McHugh, forms part of Paysafe’s ongoing strategic focus in the North American iGaming vertical which continues to show explosive growth as more and more states in the...

Paysafe Reports Second Quarter 2021 Results

Paysafe Limited (“Paysafe” or the “Company”) (NYSE:PSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the second quarter of 2021. Second Quarter 2021 Financial Highlights (metrics compared to second quarter of 2020) Total Payment Volume of $32.3 billion, increased 41% Revenue of $384.3 million, increased 13% Net income attributable to the Company of $6.6 million, compared to net loss of $15.9 million Adjusted EBITDA of $118.8 million, increased 8% Reaffirmed 2021...

Cloud Payment Software Bill.com to Acquire Invoice2go

Mobile-first AR solution empowers businesses to transact from anywhere Expands Bill.com’s footprint to serve international markets Bill.com (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today it has signed a definitive agreement to acquire Invoice2go in a stock and cash transaction valued at approximately $625 million. Invoice2go is a leading, mobile-first accounts receivable (AR) software provider that empowers small businesses...

Cambridge Global Payments Announces New Partnership with Sage

Partnership will provide Sage clients with access* to an integrated cross-border payment solution Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce a new partnership with Sage, a leader in cloud-based business management solutions. This partnership integrates Cambridge’s online trading and payments platform with the Sage Intacct cloud financial management system to provide Sage clients with expanded access to...

B2B payments platform, Nium signs an agreement to acquire Ixaris

Move adds comprehensive virtual card issuance capabilities to leading global payments platform, and sets foundation for further geographic expansion Nium, a leading global B2B payments platform, today announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimisation. The transaction is expected to close early in the third quarter of 2021, subject to customary closing conditions. Ixaris provides flexible funding and payment methods that help airlines and online travel agents...

Payments Platform Skrill Partners With Wix for Business Growth

Integration of Paysafe’s Skrill payment gateway and Wix sites offers a quick and easy way for businesses to accept online payments branSkrill, the digital payments d and part of leading specialised payments platform Paysafe (NYSE: PSFE), announces a new multi-country collaboration with Wix, a leading global SaaS platform for businesses to create, manage and grow an online presence. The Skrill payment gateway is now integrated with Wix to provide millions of business owners the ability to accept payments....

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