GLORY

Paysafe to Acquire viafintech

Retrieved on: 
Sunday, August 22, 2021

Paysafe (NYSE:PSFE) (the Company), a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire market-leading German fintech company, viafintech, in an all-cash transaction.

Key Points: 
  • Paysafe (NYSE:PSFE) (the Company), a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire market-leading German fintech company, viafintech, in an all-cash transaction.
  • Following the sale of their shares to Paysafe, viafintechs majority shareholder - Glory Ltd., a global leader in cash technology solutions - will enter into a new strategic partnership with Paysafe.
  • Udo Mller, CEO, Paysafe eCash and Open Banking, commented:
    We are very excited to welcome a star player like viafintech into the Paysafe family.
  • Paysafe Limited (Paysafe) (NYSE:PSFE) (PSFE.WS) is a leading specialised payments platform.