Paysafe completed the acquisition of viafintech.

Paysafe, a specialised payments platform, completed the acquisition of viafintech, a German fintech company. Financial terms were not disclosed. “This is a very exciting acquisition for Paysafe. By combining viafintech’s leading payment solutions with our own eCash and alternative payment portfolio, we are very well positioned as an essential payments partner to challenger banks around the world. This comes at a crucial point in time as we experience a consumer shift away from the legacy banking system and more and more challenger banks are entering the market and offering mobile-based solutions for banking and payments,” Udo Müller, Paysafe CEO.