Paysafe to acquire SafetyPay for $441m.

Paysafe, a specialized payments platform, agreed to acquire SafetyPay, a payments platform, for $441m. “We are really pleased to see SafetyPay and PagoEfectivo become part of Paysafe and expand our payment solutions across card payment processing, digital wallets, eCash and online banking payments with a strong foothold in high growth Latin American markets. We see exciting synergies in key industry verticals like iGaming where we want to win. From the start, we have had a plan to grow in areas where we can achieve scale through operational efficiency. It is great to see the team execute and create more opportunities for growth,” Bill Foley, Paysafe Chairman.