Blackstone and CVC-backed Paysafe Group went public via a merger with Foley Trasimene Acquisition at a $9bn valuation.

Blackstone and CVC-backed Paysafe Group, an integrated payments platform, went public via a merger with Foley Trasimene Acquisition, a special purpose acquisition company, at a $9bn valuation. “The closing of this transaction and our listing on the New York Stock Exchange is a huge milestone for Paysafe and getting to this point today is testament to the hard work and dedication of our team around the world,” Philip McHugh, Paysafe CEO.