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Paysafe Limited: Paysafe Reports First Quarter 2021 Results and Reaffirms 2021 Outlook


Paysafe Limited: Paysafe Reports First Quarter 2021 Results and Reaffirms 2021 Outlook
First Quarter 2021 Financial Highlights
(metrics compared to first quarter of 2020)
Revenue of $377.4 million, increased 5%
Net loss attributable to the Company of $49.1 million, compared to net loss of $51.1 million
Total Payment Volume of $27.7 billion, increased 8%
Adjusted EBITDA of $113.2 million, approximately flat
Reaffirmed 2021 full year outlook
Philip McHugh, CEO of Paysafe, stated, As we embark on our next chapter as a public company, we are pleased to deliver solid financial results in the first quarter, including continued strength from online and e-commerce volumes. Alongside this, we made excellent progress on our strategic initiatives across North American iGaming and emerging eCommerce verticals, while achieving milestones to further scale our platform and unlock value. Looking ahead, with our great market positions and unique, two-sided n ....

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Paysafe Achieves CarbonNeutral Certification for 2021 and 2022


Paysafe Achieves CarbonNeutral Certification for 2021 and 2022
Leading specialised payments platform achieves its zero global carbon footprint goal for a further two years
Paysafe (NYSE: PSFE), a leading specialised payments platform, today announces its carbon neutral company status for 2021 and 2022. The milestone forms part of the company s ongoing commitment to offsetting its unavoidable carbon emissions as part of its environmental programme.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210421005454/en/
Paysafe first announced its commitment to carbon neutrality on Earth Day last year, the 50
th celebration of the annual global event. The company s 2020 CarbonNeutral certification was also backdated to cover its carbon footprint for 2019. With today s announcement, extending its certification for a further two years, Paysafe has pledged to offset the impact of its carbon footprint by financin ....

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Paysafe Group Holdings Limited: Paysafe to Present at the 2021 Wolfe Research Fintech Conference


Paysafe Group Holdings Limited: Paysafe to Present at the 2021 Wolfe Research Fintech Conference
Paysafe Group Holdings Limited ( Paysafe ), a leading integrated payments platform, today announced it will present at the 2021 Wolfe Research Fintech Conference.
Chief Executive Officer, Philip McHugh, will present on Wednesday, March 10, 2021 at 3:40 p.m. Eastern Time and it will be webcast live. The live audio webcast will be available on the Paysafe Investor Relations website. After the event, an archive of Mr. McHugh s presentation will also be available for a limited time on the Paysafe Investor Relations website.
On December 7, 2020, Paysafe and Foley Trasimene Acquisition Corp. II (NYSE:BFT) announced that they entered into a definitive merger agreement and plan of merger. Upon closing of the transaction the newly combined company will operate as Paysafe and plans to list on the New York Stock Exchange (NYSE) under the symbol PSFE. A special meeting of the Foley T ....

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