Friday, October 18, 2024
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Paysafe: Acquire SafetyPay

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

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