Paysafe: Acquire SafetyPay
- Paysafe leading specialized payments platform. Its core purpose is to enable businesses and consumers
- SafetyPay is a leading payments platform that enables eCommerce transactions via an unrivalled choice of open banking
- The latest acquisition enables to further scale in the high-growth Latin American region
- Taking advantage of the nascent open banking eco-system and building on its acquisition of PagoEfectivo
- Transaction expected to drive multiple cross-selling opportunities across all business units
- Upon completion of the transaction, it will have a scale and a leading presence in the fast-growing Latin American eCommerce market