Payments company PaySafe has introduced a pay-by-bank offering for online gamblers. The new solution lets online bettors in the U.S. secure funds instantly at operators’ cashiers directly from their online bank account, according to a Monday (April 29) press release. This product expands the capabilities of Paysafe’s...
Stocks swooned into the end of the week, as inflation data from the government showed us all that inflation’s here to stay, perhaps longer than many investors had anticipated. And as a result, the read across is that interest rate cuts from the Federal Reserve...
Many of the names that are part of the FinTech IPO Index soared double digits on the heels of earnings this past week, leading the overall index 2.7% higher. MoneyLion Shares Roar Ahead MoneyLion’s shares gained roughly 34% as December quarter details saw the number of...
The turkey has been carved. Thursday offered a brief respite from the volatility that’s been a hallmark of the FinTech IPO Index. Into a shortened week, through the past five sessions headed into Turkey Day, the index slipped 1.1%. Paysafe shares slipped 13.9%, among the...
May 17, 2024
Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or for modernizing payments between merchants and consumers — were dominant in the headlines. With stocks remaining volatile in the wake of those earnings reports, the FinTech IPO Index was 1.7% higher this week. […]
March 15, 2024
Stocks swooned into the end of the week, as inflation data from the government showed us all that inflation’s here to stay, perhaps longer than many investors had anticipated. And...
March 08, 2024
Many of the names that are part of the FinTech IPO Index soared double digits on the heels of earnings this past week, leading the overall index 2.7% higher. MoneyLion...
November 24, 2023
The turkey has been carved. Thursday offered a brief respite from the volatility that’s been a hallmark of the FinTech IPO Index. Into a shortened week, through the past five...
April 29, 2024
Payments company PaySafe has introduced a pay-by-bank offering for online gamblers. The new solution lets online bettors in the U.S. secure funds instantly at operators’ cashiers directly from their online bank account, according to a Monday (April 29) press release. This product expands the capabilities of Paysafe’s Gateway, the company’s iGaming payments solution, and was added “to […]
November 14, 2023
Paysafe plans to launch a digital wallet for small and medium-sized businesses (SMBs). The British payments platform revealed the pending debut of its business wallet Tuesday (Nov. 14) while announcing its...
September 06, 2023
Paysafe and Eightcap have announced a strengthened partnership to offer an innovative Embedded Trading Wallet solution. The collaboration aims to provide a joint embedded finance solution for Eightcap and Paysafe’s shared partners and...
August 15, 2023
Entertainment-focused payment platform Paysafe posted second-quarter earnings on Tuesday (Aug. 15), driven by its Merchant Solutions segment and growth from eCommerce led by the iGaming industry in North America. Overall, the company saw revenue...