Paysafe Digital Wallet Users Grow 6% to 7.8 Million in 4Q

Core Insights - Paysafe's fourth-quarter results showed growth in digital wallets and eCommerce, counterbalancing some weakness in the SMB channel, leading to an optimistic outlook for 2026 [1][3][5] Digital Wallets Performance - Digital Wallets revenue increased by 13% year over year to $220.2 million, with a 6% organic growth [3] - Active digital wallet users reached 7.8 million, up 6% from the previous year, and transactions per user also rose by 6% [3] - Adjusted EBITDA for the digital wallet segment grew by 4% to $93.1 million [3] Merchant Solutions and eCommerce - Merchant Solutions revenue rose by 2% organically to $222.7 million, with eCommerce expanding by 24% in Q4 [5] - For the full year, eCommerce grew by 27%, driven by a 50% increase in North American iGaming processing revenue [5] Strategic Initiatives - The ongoing rollout of Paysafe Wallet surpassed 500,000 registered users and operates in 18 countries, focusing on cross-selling to nearly 8 million active users [4] - Management noted a 40% contribution of total bookings in Q4 from existing clients, indicating a coordinated effort across wallet and acquiring relationships [10] AI Integration - AI is embedded in Paysafe's operating infrastructure, enhancing decision-making and reducing false positives by over 20% [11] - Over 30% of code generated via AI in 2025 is expected to accelerate product releases while maintaining control standards [11] Financial Outlook - Total revenue for Q4 rose by 4% to $438.4 million [12] - Guidance for 2026 projects revenue between $1.79 billion and $1.83 billion, reflecting a growth rate of 5% to 8% [13]