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Paysafe is Definitely On the Up

19 Jan 2017

PaysafePaysafe is one of the greatest payment solutions company and that was proved once more after the reveal that saw them hit 300 million dollars profit within last year, for the first time in their history. Furthermore, the combined momentum of its enlarged group would see the firm exceed $1bn in corporate revenues.

What Boosted the Payment Processor?

The acquirement of many new company assets helped Paysafe to be more enlarged. In addition, the results of the previous year made them clearly the leader in payments for the online gambling sector, while their business extend to many more sectors as well. All the above make them a powerfull paymeent solution company.

Joel Leonoff, who is the Paysafe CEO commented: «Our ongoing momentum underpins our confidence in our growth prospects for 2017. We have delivered another excellent financial performance and expect to surpass $1bn in revenue. An impressive milestone of which we are extremely proud. We are well prepared for the additional levels of customer due diligence expected as part of forthcoming regulatory requirements, including anti-money laundering legislation in Europe. Operating amid regulatory change is simply business as usual for Paysafe.».

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