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Paysafe profit soars as Skrill contributes to 2016 growth

7th March 2017 8:03 am GMT

London-listed payments provider Paysafe Group has delivered a strong performance in 2016 as revenue surpassed US$1bn for the first time.

Revenue grew by 63 per cent to $1,000.3m during a year which saw the company complete the integration of Skrill and acquire US payment processor MeritCard and affiliate marketing specialist Income Access.

"This is our first full year as Paysafe, and it's been a year of continuing change, with growth, agility, and [...]

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