Paysafe Q1 update: in line with expectations, low double-digit organic revenue growth LeapRate

May 09, 2017 BY LeapRate Staff

Paysafe Q1 update: in line with expectations, low double-digit organic revenue growth

Payments services company Paysafe Group Plc (LON:PAYS) has issued a brief update on its Q1-2017 results. While the statement (see full text below) was short on numbers and specifics, the company did state that it has been performing in line with management expectations, reiterating its FY 2017 guidance of low double-digit organic revenue growth, and to…

April 06, 2017 BY Valentina Kirilova

Spain’s Correos selects Paysafe to drive e-commerce payments

Paysafe’s NETELLER, Skrill and Rapid Transfer added as payment options on Correos’ e-commerce platform Comandia Spain’s state-owned postal company Correos announced that has chosen payments services company Paysafe Group Plc (LSE:PAYS) as a recommended payment provider for businesses using Comandia, its e-commerce platform. As part of the collaboration between the two companies, Paysafe’s Skrill Quick…

March 07, 2017 BY LeapRate Staff

Paysafe reports whopping 63% growth in 2016 as Revenues top $1 billion

Payments services company Paysafe Group Plc (LON:PAYS) has released its 2016 financial results, showing phenomenal top line growth of 63%, as the company joins the $1 billion annual Revenues club. Paysafe operates the Skrill and NETELLER online payments brands. Paysafe shares were hit hard in December, when a report issued by short selling firm Spotlight…

March 03, 2017 BY LeapRate Staff

ASX CIO Tim Thurman returns home to Canada as Chief Digital Officer at payments provider Paysafe

Payments services company Paysafe Group Plc (LON:PAYS) has announced that it has appointed digital technology innovator Tim Thurman as its Chief Digital Officer, reporting to Paysafe President and CEO Joel Leonoff. Thurman, who will join the company on March 27, will be responsible for driving the development and deployment of Paysafe’s digital technology capabilities across its…

February 15, 2017 BY LeapRate Staff

Norway central bank Norges takes 3% position in Skrill and NETELLER parent Paysafe Group

LeapRate Exclusive… LeapRate has learned via regulatory filings made in Norway and the UK that Norway’s central bank, Norges Bank, has taken a 3% equity position in the shares of online payments services giant Paysafe Group Plc (LON:PAYS). Paysafe’s brand portfolio includes NETELLER and Skrill, MeritCard, paysafecard, payolution, Income Access and FANS Entertainment. The Norges…

January 12, 2017 BY LeapRate Staff

Paysafe shrugs off bet365-China concerns to report Revenue and EBITDA ahead of expectations for 2016

Payments services company Paysafe Group Plc (LON:PAYS) issued a fairly rosy Trading Update ahead of the release of full 2016 year results. Paysafe’s brand portfolio includes NETELLER and Skrill, MeritCard, paysafecard, payolution, Income Access and FANS Entertainment. Overall, Paysafe expects to surpass the $1 billion annual revenue milestone for FY 2016, with FY revenue and EBITDA expected…

December 15, 2016 BY admin

FIBO Group adds automatic deposit of funds through Skrill

Cyprus regulated brokerage FIBO Group today announced that with the help of the Skrill payment system, the company has implemented an automatic deposit of funds option. Automatic deposit of funds to trading accounts is now available for all FIBO Group clients if the email address in Skrill's system and in the Fibo Group Client Cabinet is…

November 15, 2016 BY Valentina Kirilova

MetaQuotes announces payments via Skrill in MetaTrader 5

Forex trading platform developer MetaQuotes has announced that the MetaTrader 5 platform now supports the Skrill payment system, which allows making online transaction in over 40 currencies by simply specifying an email address. Skrill is the eighth payment method featured in the trading platform. MetaTrader 5 also supports Visa, MasterCard and UnionPay cards, as well…

September 08, 2016 BY Valentina Kirilova

Skrill boosts its instant banking option Rapid Transfer

Skrill, a Paysafe Group Plc (LSE:PAYS) company, has launched a new brand for its instant banking solution: Rapid Transfer. Rapid Transfer allows consumers to upload funds to their digital wallet and make online payments instantly from their bank account without leaving a merchant’s website. Available in the UK, Germany, Austria, Italy, France, Hungary and Spain…

September 01, 2016 BY Mike Fox

FXTM announces Skrill & NETELLER VIP Program

Retail Forex broker FXTM today announced that Skrill & NETELLER VIP programs are now available for its clients. Skrill and NETELLER offer a VIP programs to loyal customers who are use the payment services frequently. Skrill VIPs receive lucrative benefits like: Fully verified account with no deposit and pay-out limits Free Skrill MasterCard Free Skrill security token Dedicated…

Tag: Skrill