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Paysafe Limited (PSFE) Announces New Partnership with CMC Markets
Yahoo Finance· 2025-09-26 15:09
Paysafe Limited (NYSE:PSFE) is one of the Oversold Software Stocks to Buy Now. On September 22, Paysafe Limited (NYSE:PSFE) announced a new partnership with CMC Markets. This partnership will help CMC Markets broaden range of payment options for traders in the European Economic Area (EEA), Southeast Asia, the Middle East, and other global markets (currently except the UK and US). Notably, Paysafe Limited (NYSE:PSFE)’s Skrill and Neteller will become the online trading broker’s first digital wallets and alt ...
Paysafe Opens Digital Wallets to CMC Markets Traders
PYMNTS.com· 2025-09-22 16:19
Payments platform Paysafe launched a partnership with online trading and investment services provider CMC Markets.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The collaboration will allow CMC to expand its range ...
Belgian lender KBC considers potential acquisition of ABN Amro, Bloomberg News reports
Reuters· 2025-09-22 16:18
Belgian lender KBC Group is mulling a potential acquisition of Dutch rival ABN Amro Bank , as it looks to bolster its European footprint, Bloomberg News said on Monday, citing people familiar with the... ...
Paysafe Partners With CMC Markets to Expand Presence in Online Trading
Businesswire· 2025-09-22 08:00
LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a leading payments platform, today announced its new partnership with CMC Markets (LSE: CMCX), a global provider of online trading and investment services. The partnership sees CMC Markets broaden its range of payment options for traders in the European Economic Area (EEA), south-east Asia, the Middle East and other global markets1 (currently excluding the UK and US), with Paysafe's Skrill and Neteller becoming the online trading broker's first dig. ...
Paysafe (PSFE) Conference Transcript
2025-09-04 16:20
Paysafe (PSFE) Conference Summary Company Overview - Paysafe is a 29-year-old company operating in over 100 countries with a revenue of $1.7 billion [3][4] - The company has two main business segments: merchant services and digital wallets [4][5] Business Segments and Market Performance - **Merchant Segment**: Accounts for approximately 40% of the business, primarily in retail hospitality, followed by 34% in gaming, and 16% in digital assets [4][5] - **Digital Wallet Segment**: Experiencing significant growth, particularly in e-commerce, which is growing over 30% year-over-year [9][21] - **iGaming**: This vertical is performing exceptionally well with over 50% growth year-over-year [21][23] Financial Performance - The first half of the year showed solid mid-single-digit organic growth, with expectations for acceleration in the second half [7][9] - EBITDA growth of 12% was reported in Q2, indicating effective cost control and operational efficiency [16][60] - The company aims for 8% to 10% growth in the second half of the year, driven by improved client onboarding and new product deployments [11][12] Growth Strategy - Focus on enhancing the direct sales force and expanding partnerships to drive growth [30][33] - The SMB business is recovering, with double-digit growth expected in mid-production [26][27] - The digital wallet strategy emphasizes user growth and engagement, leveraging existing SMB channels to drive consumer adoption [42][44] Product Development and Innovations - Recent product launches include the Pago Effectivo Wallet, which has seen a 45% increase in usage since Q2 [48][49] - The company is also focusing on improving the usability of its applications to enhance user engagement [46][47] Margin and Capital Allocation - The company expects margin improvement driven by top-line growth and operational efficiency [58][60] - Deleveraging remains a priority, with a focus on maintaining a healthy balance sheet before pursuing M&A opportunities [67][71] Market Dynamics and Risks - Interest rate exposure is a concern, particularly for the digital wallet segment, as it affects the earnings from float [62][64] - The regulatory environment is evolving, prompting a more cautious approach to risk management and portfolio composition [73][75] Conclusion - Paysafe is positioned for growth with a clear strategy focusing on organic growth, operational efficiency, and product innovation while navigating market challenges and regulatory changes [75][76]
Paysafe: Attractive Valuation Ahead Of Fed Rate Cuts
Seeking Alpha· 2025-08-14 13:05
Group 1 - The article discusses the author's journey into investing, starting in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - The author has recently adopted a strategy that combines long stock positions with covered calls and cash secured puts, emphasizing a fundamental long-term investment approach [1] - The author primarily covers REITs and financials on Seeking Alpha, with occasional articles on ETFs and other stocks influenced by macro trade ideas [1]
Paysafe Reports Surging eCommerce and Digital Wallet Volumes
PYMNTS.com· 2025-08-12 23:37
Core Insights - Paysafe's shares surged following strong earnings, driven by organic growth in eCommerce and digital wallet revenues, with transaction volumes increasing by double digits [1][6] Financial Performance - Transaction volumes rose by 10% year-on-year, reaching $41.8 billion [2] - Organic revenue growth was reported at 5%, with eCommerce growth exceeding 30% across various sectors [5] - Revenue from eCash solutions and online account distributions grew by 37%, totaling $22 million [3] - Merchant solutions volumes increased by 9% to $35.7 billion [5] Business Development - The CEO indicated that enterprise-level deals and annual contract values are up over 20% year-to-date, with a strong backlog in gaming and FinTech sectors [3] - The company launched the PagoEfectivo wallet in Peru, achieving nearly 40,000 signups and a significant volume of repeat users [3][4] - 81% of surveyed customers expressed intent to use the company's wallet, with existing Pago customers doubling their transaction frequency [4] Future Outlook - The CFO reaffirmed the 2025 outlook, expecting organic growth to accelerate to 8% to 10% in the second half of the year, with the fourth quarter anticipated to be the strongest [6] - The company is exploring stablecoins as a potential growth avenue, leveraging its distribution network for further development [7][8]
Paysafe Limited (PSFE) Meets Q2 Earnings Estimates
ZACKS· 2025-08-12 20:01
Paysafe Limited (PSFE) came out with quarterly earnings of $0.46 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items. What's Next for Paysafe Limited? While Paysafe Limited has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address ...
Paysafe (PSFE) - 2025 Q2 - Earnings Call Transcript
2025-08-12 13:30
Financial Data and Key Metrics Changes - The company reported a revenue decline of 3% to $428.2 million, with organic revenue growth of 5% for the quarter [13] - Adjusted EBITDA was $105 million, with an adjusted EBITDA margin of 24.8%, up 80 basis points compared to the first quarter [13] - Adjusted net income was $27.6 million or $0.46 per share, down from $0.59 in the same quarter last year [15][16] - Unlevered free cash flow generated was $54 million, reflecting a 51% conversion of adjusted EBITDA [15] Business Line Data and Key Metrics Changes - Merchant Solutions volume increased by 9% to $35.7 billion, resulting in organic revenue growth of 6% [18] - Digital Wallet revenue was $201.2 million, an increase of 3% on an organic basis [19] - eCash solutions revenue grew by 37% year to date, although the contribution was relatively small at $22 million in the first half [9] Market Data and Key Metrics Changes - E-commerce growth exceeded 30% in the second quarter, with double-digit growth in Europe for the first time in years [11] - The company saw a 20% year-to-date increase in enterprise-level deals and annual contract value bookings [5] Company Strategy and Development Direction - The company aims to drive 10% to 12% annual revenue contribution from products released in the last three years [10] - Continued focus on expanding partnerships, such as with Fiserv, and enhancing product offerings like the Pargo Efectivo wallet [12][10] - The company is targeting an acceleration of organic growth in the second half of the year, expecting 8% to 10% growth [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the full-year outlook, supported by a healthy backlog of signed business and strong customer engagement [5][22] - The company anticipates margin improvement in the second half, driven by growth and operating leverage [24] - Management noted that attrition is tracking less favorably at 12%, but they expect improvements moving forward [22] Other Important Information - The company repurchased $20 million worth of shares during the quarter, continuing to view its shares as undervalued [5] - Total debt at the end of the quarter was $2.6 billion, with net leverage increasing to 5.4 times [21] Q&A Session Summary Question: Can you discuss the partnership expansion with Fiserv? - The Clover Capital will be available through the business wallet, reaching directly to consumers, and initial adoption has been positive [28][31] Question: What are the main drivers for organic acceleration in the second half? - The majority of the back half of the year has already been sold, with good visibility into revenue from existing contracts and new product initiatives [39][41] Question: How is the e-commerce business performing across different verticals? - E-commerce growth is strong, with gaming consistently over 50% growth and mid-teen growth in other verticals [44][45] Question: What is the current status of SMB growth and attrition? - SMB mid production has improved significantly, with a positive growth outlook for the back half of the year [52][56] Question: Can you provide insights on the Pago Effectivo Wallet's traction? - The launch has exceeded expectations, with a significant increase in transactions from existing customers [70][72] Question: How is the competitive landscape in e-commerce? - The e-commerce market is highly competitive, but the company sees significant growth opportunities due to its small market share [84][86]
Paysafe (PSFE) - 2025 Q2 - Earnings Call Presentation
2025-08-12 12:30
Financial Performance - Q2 2025 - Revenue reached $428 million[5], a 3% decrease year-over-year[21, 45] - Organic revenue grew by 5% year-over-year[21, 45] - Adjusted EBITDA was $105 million[5], a 12% decrease year-over-year[21] - Unlevered Free Cash Flow (uFCF) was $53.869 million[54] - Adjusted net income was $0.46 million[5] Segment Performance - Merchant Solutions revenue was $232.2 million[39] - Digital Wallets revenue was $201.2 million[39] - Merchant Solutions organic revenue growth was 6%[25, 47] - Digital Wallets volume increased by 15%[26] Financial Position - The company has a net leverage ratio of 5.4x[5] - Total debt is $2.551 billion[27] - Net debt is $2.285 billion[27] - Available liquidity is $414 million[27]