PPaysafe is a global payments provider that supports card payments, digital wallets, point-of-sale systems, and alternative methods (paysafecard, Paysafecash) for businesses and consumers. Its products enable online, mobile, and in-store transactions, and include services like Rapid Transfer and Skrill for quick money transfers. The company earns money through transaction fees and subscription fees for POS systems and other services. Paysafe differentiates itself by integrating its payment solutions into various software platforms, allowing vendors to offer seamless, embedded checkout experiences, and by addressing changing consumer payment preferences with secure, frictionless checkout. Its goal is to enable secure, convenient, and widely accepted digital payments worldwide, helping businesses of all sizes scale by providing a comprehensive, easily integrated payments toolkit.
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Company Size
1,001-5,000
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1996
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Total Funding
$3B
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Paysafe appoints gaming industry veteran Rob Schonfeld as Chief Revenue Officer. Gaming, media and digital commerce leader brings more than 25 years of experience scaling global businesses Published on 11/02/2026 at 04:11 am EST Business Wire Paysafe (NYSE: PSFE), a global payments platform built for the experience economy, today announced the appointment of Rob Schonfeld as Chief Revenue Officer (CRO). In this role, Schonfeld will lead Paysafe's global revenue organization, overseeing commercial strategy, sales execution, business development and strategic partnerships as the company continues to strengthen its position as a leading payments partner for businesses operating in the experience economy. Schonfeld joins Paysafe with more than 25 years of leadership experience driving growth, innovation and commercial transformation across the gaming, media and entertainment industries. He will be responsible for advancing Paysafe's global growth strategy, deepening customer relationships and identifying new opportunities to expand the company's market presence across its core verticals. Most recently, Schonfeld served as Chief Business Officer at Ludeo, where he led business development, strategic partnerships, marketing and go-to-market strategy. Prior to that, he was Global Revenue Officer at Activision Blizzard, overseeing global revenue operations, digital and physical distribution, and strategic commercial partnerships. During his tenure, he played a key leadership role in the company's digital transformation and growth, including supporting its landmark acquisition by Microsoft in 2023. "Rob is a proven leader with a remarkable track record of driving growth and transforming global businesses," said Bruce Lowthers, CEO and Executive Director of Paysafe. "His extensive experience building high-performing commercial organizations, combined with his deep understanding of the gaming ecosystem and digital commerce, makes him an outstanding addition to our executive team." "As payments continue to play an increasingly strategic role in digital experiences, Paysafe is exceptionally well positioned to help businesses grow and serve their customers more effectively," said Schonfeld. "The company's strong portfolio of payment solutions, leading positions in key verticals and commitment to innovation create a compelling platform for future growth. I'm excited to join the team and help accelerate Paysafe's next chapter." Before joining Activision Blizzard in 2012, Schonfeld spent 12 years at The Walt Disney Company in senior leadership roles focused on digital content distribution, business development and commercial strategy. Earlier in his career, he held strategy and consulting positions across the media and entertainment sectors. In addition to his executive leadership experience, Schonfeld serves as a Partner at Redstone Investments and a Board Governor of the Boys & Girls Clubs of Metro Los Angeles. He holds an MBA from the UCLA Anderson School of Management and a Bachelor's degree in Commerce from the University of British Columbia. About Paysafe Paysafe is a global payments platform built for the experience economy. We connect businesses, consumers, and fans across gaming, iGaming, video gaming, esports, events, travel, hospitality, online trading and digital commerce, helping lift everyday and high-engagement experiences through reliable payment solutions. These include card payments, digital wallets such as Skrill, PaysafeWallet, eCash products like PaysafeCard, and a broad set of local payment methods. With approximately 2,800 employees across 12 countries and $167 billion in annualized volume in 2025, Paysafe focuses on making digital experiences easier to access and pay for. More information is available at www.paysafe.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20261102983946/en/ (C) Business Wire - 2026
PaysafeWallet Adds Three Markets to Its European Network. PaysafeWallet's latest expansion brings its range of payment functions to consumers in Croatia, Bulgaria and Estonia, adding three markets to a service that connects cash funding, bank transfers and digital spending through one account. Available through the PaysafeCard app, the wallet gives users an IBAN account and a personal debit card. Customers can add funds using PaysafeCard cash vouchers or bank transfers, then spend through Mastercard wherever online or in-store card payments are accepted. The service also supports Apple Pay and Google Pay. Its functions extend beyond purchases. Users can make SEPA payments across the euro area, send money to other PaysafeWallet users through peer-to-peer transfers and receive payouts directly into their accounts. The combination places several payment methods within the same service. These options cover different stages of managing money, from adding funds to making purchases and sending payments. Customers can use the wallet for transactions through a physical or digital card, as well as transfers between accounts, without relying on a single payment method for every activity. One account, several ways to move money. The wallet's funding options connect cash-based payments with conventional bank transfers. Customers who use PaysafeCard can add money without relying exclusively on a bank account, while the IBAN facility provides another way to fund and manage the balance. Once money is in the account, the debit card supports everyday transactions both online and in physical stores. Apple Pay and Google Pay provide additional payment options, while SEPA and peer-to-peer transfers cover payments between accounts and users. Paysafe's announcement also highlights the ability to receive payouts directly into PaysafeWallet. This adds an incoming-payment function to the account's spending and transfer capabilities. The service is accessed through the PaysafeCard app, linking the wallet to Paysafe's existing prepaid payment offering. The company describes the product as a way for consumers to manage cash and digital money. Three new countries complete the euro-area rollout. The addition of Croatia, Bulgaria and Estonia brings PaysafeWallet's availability to all euro-area markets, as well as Poland. The full list now comprises Austria, Belgium, Bulgaria, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Slovakia, Slovenia and Spain. Bob Legters, Chief Product Officer at Paysafe, said the launches reflect the company's commitment to expanding its payment services across Europe. "Expanding PaysafeWallet into Croatia, Bulgaria and Estonia reflects our commitment to delivering innovative payment experiences to consumers across Europe," said Legters. "These are dynamic digital markets where consumers expect seamless, secure, and flexible ways to manage their money online. PaysafeWallet has been designed to meet those expectations and support the evolving needs of the experience economy." The expansion comes as Paysafe continues to operate across a substantial payments business. A second account of the announcement puts the company's annualized volume at $167 billion for 2025. With the three new markets included, PaysafeWallet's European availability now spans 23 countries. Its offer brings cash top-ups, bank-funded balances, card transactions and money transfers together under one app-based service. Reader comments. 0 published What should this story explore next? After reading "PaysafeWallet Adds Three Markets to Its European Network", which detail needs more explanation or a follow-up?
PaysafeWallet Expands into Croatia, Bulgaria and Estonia, bringing flexible digital payments to more European consumers. The digital wallet built for the experience economy is now available in three additional European markets Published on 10/28/2026 at 04:16 am EDT Business Wire Paysafe (NYSE: PSFE), a global payments platform built for the experience economy, today announced the expansion of PaysafeWallet into Croatia, Bulgaria and Estonia, marking the next phase in the rollout of its next-generation digital wallet across Europe. PaysafeWallet Expands into Croatia, Bulgaria and Estonia Consumers in Croatia, Bulgaria and Estonia can now access PaysafeWallet through the PaysafeCard app, bringing together cash and digital money management in one experience, giving consumers more choice and control over how they manage and spend their money. "Expanding PaysafeWallet into Croatia, Bulgaria and Estonia reflects our commitment to delivering innovative payment experiences to consumers across Europe," said Bob Legters, Chief Product Officer at Paysafe. "These are dynamic digital markets where consumers expect seamless, secure, and flexible ways to manage their money online. PaysafeWallet has been designed to meet those expectations and support the evolving needs of the experience economy." PaysafeWallet enables users to: * Manage funds through an IBAN account and a personal debit card * Top up the wallet with cash via PaysafeCard * Load their account via bank transfer * Pay online and in-store with a Mastercard debit card * Make mobile payments with Apple Pay and Google Pay * Send and receive SEPA payments across the entire EUR zone * Send money to friends and family via peer-to-peer payments * Receive payouts quickly and conveniently directly into their account With the addition of Croatia, Bulgaria and Estonia, PaysafeWallet is now available across all euro-area markets, as well as Poland: Austria, Belgium, Bulgaria, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Slovakia, Slovenia and Spain. The expansion gives more consumers choice and control over how they access, move and spend their money. About Paysafe Paysafe is a global payments platform built for the experience economy. We connect businesses, consumers, and fans across iGaming, video gaming, esports, events, travel, hospitality, online trading and digital commerce, helping lift everyday and high-engagement experiences through reliable payment solutions. These include card payments, digital wallets such as Skrill, PaysafeWallet, eCash products like PaysafeCard, and a broad set of local payment methods. With approximately 2,800 employees across 12 countries and $167 billion in annualized volume in 2025, Paysafe focuses on making digital experiences easier to access and pay for. View source version on businesswire.com: https://www.businesswire.com/news/home/20261028762517/en/ (C) Business Wire - 2026
L Marks CEO: Jacksonville shifting from unknown city to one 'we should be paying attention to. L Marks CEO: Jacksonville shifting from unknown city to one 'we should be paying attention to (Courtesy of the Jacksonville Business Journal) - When JAX Hub debuted in May 2025, it was hailed by local leaders as a game changer for the city's push to become a global fintech and innovation center. Months later, financial technology firm Paysafe and the University of North Florida emerged as founding partners of the initiative, spearheaded by London-based corporate innovation firm L Marks. A little more than a year after its launch, not much has visibly changed in Jacksonville. Partnership organizations argue it has. L Marks reviewed more than 600 applications from startups worldwide, each seeking to collaborate with Paysafe in Jacksonville. By February 2026, applications were narrowed to 14 companies that were brought to Northeast Florida for final selections. Four months later, it was slimmed to three startups: JAX Hub's inaugural cohort. The broad idea is straightforward: Link vetted startups with Jacksonville's fintech sector to spur innovation and develop solutions during a 10-week program. From there, the hope is to offshoot the next wave of transformative financial technologies. "The hub provides a network, and the network provides for increased engagement," Paysafe Chief Product Officer Bob Legters said. "That increased engagement provides opportunities for partnerships, for connection - that's the biggest benefit I see for all the local companies." It's too soon to tell what the actual return on investment is for Paysafe, he said. L Marks CEO Daniel Saunders called the financial impact "exceptional." Recently, Paysafe confirmed plans to double its Jacksonville footprint. That expansion will bring its North American headquarters on the Southside to about 78,000 square feet. The company deciding to grow is a win for Jacksonville in the eyes of Saunders, and it's that type of benefit he sees being developed at least in part through JAX Hub. Paysafe may have been the partnership's first partner, but Saunders doesn't intend it to be its last. Based from London and traveling all over the globe, Saunders said he is increasingly hearing from other cities and markets about developing similar programs and using JAX Hub as an example. Through its inaugural cohort, he said UNF students were also heavily involved. As the company looks toward its next partnered company for the program, Saunders already has high hopes for the next generation of entrepreneurs that could potentially spin off. The success of JAX Hub is in its early days. Obviously tangible changes may still be to come for Jacksonville, but L Marks has no intention of slowing its pace. Its goal was to stick Jacksonville on a more global stage, particularly in a state known for cities like Miami and Orlando. Saunders argues he's already seeing that reputational shift. "It started out of 'OK, we don't really know where Jacksonville is, oh it's in Florida? I had no idea,'" he said. "To 'This is actually a city we should be paying attention to and there should be more things happening.'"
Maximilian Günther joins Paysafe Envision for Formula E's GEN4 era. Maximilian Günther will join the Paysafe Envision Formula E Team for the 2026/27 season after leaving DS PENSKE, beginning a new chapter for both driver and team as the championship enters its GEN4 era. The British-based squad will begin the campaign with a new Title Partner and an entirely new driver line-up. Against that backdrop, Günther brings eight seasons of Formula E experience and a proven record at the front of the field, having won seven E-Prix victories. His first win made him Formula E's youngest-ever race winner at the time, a record that was only recently surpassed by Taylor Barnard. That history gives the German a clear performance reference point as he looks to reset after a difficult 2025/26 campaign. Günther finished 18th in the Drivers' standings with 23 points, recording a best result of sixth. The move to Paysafe Envision therefore represents more than a change of team: it is an opportunity to start again with the championship's most advanced car to date. GEN4 raises the performance ceiling. GEN4 is expected to deliver a significant step in outright performance. The car can reach speeds above 335kph, accelerate from 0-100kph in approximately 1.8 seconds and complete 0-200kph in 4.4 seconds - 1.5 seconds faster than its predecessor. In race mode, GEN4 produces 50% more power than the current GEN3 Evo race car. In qualifying mode, it is expected to be an average of 10 seconds faster per lap than GEN3, while ATTACK MODE allows up to 600kW of power - representing a 71% increase in base output over GEN3 Evo. The car is also described as the only single-seater race car with permanent all-wheel drive, underlining the scale of the technical shift facing teams at the start of the new era. For wider context on the series' evolving performance landscape, see its coverage of Formula E's new era. Günther said the team's environment, ambition, mindset and technical package with Jaguar convinced him to join. He believes the partnership has the ingredients to compete at the very top. Paysafe Envision Managing Director and CTO Sylvain Filippi highlighted Günther's qualifying ability, podium finishes and race wins. The team now expects to begin working with him ahead of pre-season testing in November, with Season 13 also bringing a new sporting format and a greater emphasis on outright pace and speed. Simone scanu. He's a software engineer with a deep passion for Formula 1 and motorsport. He co-founded Formula Live Pulse to make live telemetry and race insights accessible, visual, and easy to follow.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1996
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs