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Nearly half of Paysafe H1 fee revenue generated through iGaming

10th August 2016 11:37 am GMT

Shares in payments provider Paysafe Group climbed more than 8 per cent in London Wednesday after the company increased its full year revenue guidance following an “exceptional” performance during the first half of 2016.

Revenue more than doubled to US$487m for the half year period, including results from the acquired Skrill business, with 45 per cent of its fee revenue generated from online gambling verticals.

H1 Revenue Comparison (US$)

The Payments Processing division saw revenue increase 34 per [...]

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