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Solid first half growth for Paysafe as gambling contributes $241m

8th August 2017 11:04 am GMT

London-listed payment provider Paysafe Group has reported an 11 per cent increase in revenue to US$538.7m for the first half of 2017, of which nearly half (45 per cent) was derived from gambling.

The company’s Payment Processing division generated 49 per cent of H1 revenue, growing 14 per cent year-on-year to $264.4m, or by 16 per cent on a constant currency basis.

Gambling accounted for 31 per cent of the division's total ($82.0m), largely driven by the Asia [...]

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