Paysafe Readies $9 Billion IPO Via SPAC
PYMNTS
DECEMBER 6, 2020
Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. The SPAC is likely to raise around $1 billion in new equity to bolster the transaction. II SPAC raised $1.47
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