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Paysafe raises full year revenue guidance after strong start to 2016

25th May 2016 9:25 am GMT

Payment processing solutions provider Paysafe Group has increased its projected revenue and adjusted EBITDA forecast for 2016 following a strong start to the year.

For the four months ended April 30th, Paysafe said that the positive momentum built up in 2015 had continued into this year, with its payment processing and digital wallets businesses enjoying strong growth.

As a result of this performance, Paysafe said that it expects full-year revenue to be in the region of $950m to $970m, significantly higher [...]

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