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 [...]