![]() SafetyPay is a leading payments platform that enables eCommerce transactions via an unrivalled choice of open banking and eCash solutions, operating primarily in Latin America. Paysafe (NYSE:PSFE) (“the company”), a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire SafetyPay for USD 441 million in an all-cash transaction. Transaction expected to drive multiple cross-selling opportunities across all Paysafe business units, enhancing long term growth prospects.Latest acquisition enables Paysafe to further scale in the high-growth Latin American region, taking advantage of the nascent open banking eco-system and building on its acquisition of PagoEfectivo.
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