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Paysafe Completes Acquisition Of Viafintech

PUBLIC · PSFENov 01, 2021

Acquiring Company

Paysafe Limited

Acquired Company

viafintech

United KingdomPaymentsE CommerceFintechMobile PaymentsSoftware

Description

Paysafe (NYSE:PSFE), a leading specialised payments platform, today announced that it has completed its acquisition of market-leading German fintech company, viafintech. viafintech, known under the brand viacash, offers one of the largest bank-independent alternative payments infrastructures in Europe, allowing a popular alternative to the traditional banking system. For Paysafe, the investment allows it to expand in critical markets and position itself as the essential payments partner to challenger banks around the world.

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Company Information

Company

Paysafe Limited

Location

United Kingdom

About

Paysafe Limited (“Paysafe”) (NYSE:PSFE) (PSFE.WS) is a leading specialised payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of US $92 billion in 2020, and approximately 3,400 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.

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Frequently asked

Who acquired viafintech?

viafintech was acquired by Paysafe Limited, based in United Kingdom. The deal was reported on November 1, 2021. Paysafe Limited (“Paysafe”) (NYSE:PSFE) (PSFE.WS) is a leading specialised payments platform. Paysafe Limited is publicly traded (PSFE) and operates in Payments.

When did Paysafe Limited acquire viafintech?

Paysafe Limited's acquisition of viafintech was reported on November 1, 2021. Paysafe (NYSE:PSFE), a leading specialised payments platform, today announced that it has completed its acquisition of market-leading German fintech company, viafintech. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does viafintech do?

viafintech was founded in 2011 and is headquartered in Berlin, Germany. It is privately held, operating in Software.

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