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Screenshot of a breaking news alert e-mail from Q2 2017
Provider of payment solutions Paysafe Group Plc (LON:PAYS), formerly known as Optimal Payments, is joining the FTSE 250 Index from the start of trading today.
Paysafe’s inclusion in the Index was initially announced by FTSE Russell earlier this month. This follows Paysafe’s admission to the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on the Main Market for listed securities of the London Stock Exchange in December 2015.
Paysafe President and Chief Executive Officer Joel Leonoff said:
“Today marks yet another milestone for our growing payments business. We are delighted to be entering the FTSE 250 following the strong performance over the past year as our business continues to mature.”
Last week, Paysafe posted solid revenue numbers for 2015, with the acquisition of Skrill bringing the company $10 million in cost savings synergies.
You can view the announcement from Paysafe by clicking here.