OverviewSuggest Edit

Paysafe Group PLC, formerly known as Optimal Payments PLC and Neovia Financial PLC, is an online payments company. It is the provider of the NETBANX gateway, Neteller e-money payments and free person-to-person money transfer service, and the Net+ prepaid card products used by merchants and consumers. The NETBANX service processes credit and debit card-not-present and non-card payments for North American, European and Asia global retailers through their online stores, mail-order or telephone order and automated (IVR) phone channels. The service offers both direct processing and acquiring merchant services or merchant accounts. It is provided via the software as a service (SaaS) model. NETELLER is an electronic money or digital wallet service that allows consumers to add, withdraw and transfer funds to and from merchants and other people. Net+ prepaid payment card available in various currencies is mainly intended to be used with Neteller and is accepted as a normal MasterCard payment card.
TypePublic
Founded1996
HQDouglas, GB
Websitepaysafe.com
Employee Ratings4.2
Overall CultureD+

Latest Updates

Employees (est.) (Jun 2017)2,116
Job Openings217
Revenue (FY, 2017)£865.5 M(+24%)
Cybersecurity ratingBMore

Key People/Management at Paysafe

William P. Foley

William P. Foley

Chairman of the Board
Philip McHugh

Philip McHugh

Chief Executive Officer and Executive Director
Danny Chazonoff

Danny Chazonoff

COO & Chief Commercial Officer
Peter Christodoulo

Peter Christodoulo

Non-Executive Director
Matthew Bryant

Matthew Bryant

Director
Mark Brooker

Mark Brooker

Non-Executive Director
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Paysafe Office Locations

Paysafe has offices in Douglas, Greater London, Dallas, Irvine and in 12 other locations
Douglas, GB (HQ)
41-43 Victoria Street
Greater London, GB
25 Canada Square
Wien, AT
Gebäude G, Am Europl. 2
Sofia, BG
Boulevard "Tsarigradsko shose" 90
Calgary, CA
215 16 St SE
Westmount, CA
3500 Maisonneuve Blvd W #700
Show all (16)

Paysafe Financials and Metrics

Paysafe Revenue

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Paysafe's revenue was reported to be £865.52 m in FY, 2017
GBP

Revenue (FY, 2017)

865.5m

Gross profit (FY, 2017)

425.6m

Gross profit margin (FY, 2017), %

49.2%

Net income (FY, 2017)

41.8m

Cash (31-Dec-2017)

138.7m
GBPFY, 2016FY, 2017

Revenue

701.1m865.5m

Cost of goods sold

342.3m439.9m

Gross profit

358.8m425.6m

Gross profit Margin, %

51%49%
GBPFY, 2016FY, 2017

Cash

201.1m138.7m

Accounts Receivable

26.5m61.7m

Current Assets

1.2b1.2b
GBPFY, 2016FY, 2017

Cash From Operating Activities

198.4m210.9m

Cash From Investing Activities

(69.6m)(420.6m)

Cash From Financing Activities

(35.0m)143.2m

Net Change in Cash

93.8m(66.5m)
GBPFY, 2016

Revenue/Employee

331.3k

Financial Leverage

2.5 x
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Paysafe Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Paysafe Online and Social Media Presence

Embed Graph

Paysafe Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    F

    45/100

  • Compensation

    C

    63/100

Learn more on Comparably

Paysafe News and Updates

Paysafe to acquire viafintech

Paysafe, a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire market-leading German fintech company, viafintech, in an all-cash transaction. viafintech, known under the brands of Barzahlen/viacash and viacash, offers the largest, bank independ…

Paysafe snaps up Berlin’s viafintech in all cash deal

Just a week after acquiring US-based SafetyPay, London’s Paysafe has entered an agreement to acquire viafintech. According to the Berlin-based startup, they offer the largest, bank-independent, payments infrastructure in the […] The post Paysafe snaps up Berlin’s viafintech in all cash deal appeare…

Paysafe to acquire SafetyPay

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.

Paysafe poaches Santander payments chief Patel

London-based Paysafe has hired Santander Group's global head of payments, Chirag Patel, to lead its digital wallets division.

Paysafe to acquire Peru's PagoEfectivo

Paysafe (NYSE:PSFE), a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform.

Paysafe chooses Elliptic to support crypto payments compliance

Elliptic, a global leader in cryptoasset risk management, has been selected by Paysafe, a leading specialized payments platform, for its Elliptic Lens solution.
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Paysafe Frequently Asked Questions

  • When was Paysafe founded?

    Paysafe was founded in 1996.

  • Who are Paysafe key executives?

    Paysafe's key executives are William P. Foley, Philip McHugh and Danny Chazonoff.

  • How many employees does Paysafe have?

    Paysafe has 2,116 employees.

  • What is Paysafe revenue?

    Latest Paysafe annual revenue is £865.5 m.

  • What is Paysafe revenue per employee?

    Latest Paysafe revenue per employee is £409 k.

  • Who are Paysafe competitors?

    Competitors of Paysafe include Square, Total System Services and ANNA.

  • Where is Paysafe headquarters?

    Paysafe headquarters is located at 41-43 Victoria Street, Douglas.

  • Where are Paysafe offices?

    Paysafe has offices in Douglas, Greater London, Dallas, Irvine and in 12 other locations.

  • How many offices does Paysafe have?

    Paysafe has 16 offices.