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Paysafe Leadership and Directors Purchase $2.8 Million in Common Shares
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
LONDON--(BUSINESS WIRE)--
Paysafe Limited (NYSE: PSFE), a leading specialized payments platform, today announced that Chief Executive Officer Philip McHugh has purchased approximately 290,000 shares of Paysafe’s common stock for a total purchase price of approximately $1.0 million. The shares were purchased on the open market on December 3rd, 2021.
Additionally, the Company announced that other executive officers and independent Board members of Paysafe have purchased approximately 447,000 shares of Paysafe’s common stock totaling approximately $1.8 million. The shares were purchased on the open market between November 12th and December 3rd, 2021.
About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE:PSFE) (PSFE.WS) is a leading specialised payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of US $100 billion in 2020 and approximately 3,400 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.
welcome to the paysafe linkedin page, where you will find news and information about paysafe group plc. paysafe is a global provider of payment solutions, trusted by businesses and consumers in over 200 countries and territories to move and manage billions of dollars a year. our staff of over 1,550 includes more than 40 nationalities, based at our offices throughout europe and north america including our head office in canary wharf, london. merchants through their websites use our services and gateway platforms, and innovative prepaid products and solutions, to simplify how they accept credit and debit card, direct-from-bank, and alternative and local payments. we also provide them with services to increase revenues and attract new customers, either through the digital wallets neteller and skrill or prepaid vouchers through paysafecard. consumers use our multilingual and multicurrency neteller and net+ card stored-value offerings to make secure and convenient payments, and payolu
