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$BFT. This is SPAC merger play with the company #Paysafe. This Co. is a global leading payments provider focused on Digital Commerce and iGaming.
Leading because their integrated payments platform processes nearly $100 billion of payment volume.
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Leading because their integrated payments platform processes nearly $100 billion of payment volume.
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Paysafe offers industry-leading payment processing, digital wallet, and online cash (eCash) solutions.
Significant exposure to eCommerce with more than 75% of revenue from online and integrated services.
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Significant exposure to eCommerce with more than 75% of revenue from online and integrated services.
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Proven customer base and success as the global market leader in iGaming payments, and well-positioned to capitalize on the expanding US iGaming market.
Attractive, asset-light profile with over 30% EBITDA margins, 80% cash conversions (est.) and double digit revenue growth.
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Attractive, asset-light profile with over 30% EBITDA margins, 80% cash conversions (est.) and double digit revenue growth.
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With over 20 years of online payment experience, an annualized transactional volume of over US $98 billion in 2019, and approx. 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies globally.
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The deal is expected to close in the first half of 2021.
The pro-forma enterprise value is estimated at about $9 billion.
Once the deal has closed, the new company will be renamed Paysafe and list on the New York Stock Exchange under the ticker "PSFE."
Read more here
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The pro-forma enterprise value is estimated at about $9 billion.
Once the deal has closed, the new company will be renamed Paysafe and list on the New York Stock Exchange under the ticker "PSFE."
Read more here
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$BFT $PSFE
Investor presentation December 2020
https://s25.q4cdn.com/579018173/files/doc_presentations/2020/Foley-Trasimene-Acquisition-Corp.-II-and-Paysafe-investor-presentation.pdf
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Investor presentation December 2020
https://s25.q4cdn.com/579018173/files/doc_presentations/2020/Foley-Trasimene-Acquisition-Corp.-II-and-Paysafe-investor-presentation.pdf
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