Paysafe Readies $9 Billion IPO Via SPAC
PYMNTS
DECEMBER 6, 2020
The SPAC is likely to raise around $1 billion in new equity to bolster the transaction. Paysafe, based in London and bought in 2017 for 3 billion pounds ($4 billion) by Blackstone and CVC, offers payment services for companies to accept credit cards, cash and direct debit transfers online, along with prepaid cards and digital wallets.
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