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Paysafe Reports Strong Q2 2024 Financial Results

Continued Execution of Strategic Initiatives and Revenue Growth

London, August 13, 2024

Paysafe Limited (NYSE: PSFE) today announced its financial results for the second quarter of 2024, demonstrating continued progress in executing its strategic initiatives and overall business growth.

Key Highlights:

• Successful execution of 2024 new sales hires and portfolio optimization initiatives.
• Acceptance of payments from digital wallets, contributing to a 6% increase in reported revenue from the Digital Wallets segment.
• Total payment volume reached $355 billion in Q2, representing a 6% year-over-year increase.
• Merchant solutions segment experienced 60% growth, primarily driven by iGaming operations in North America.

These results underscore the company's commitment to innovation, customer-centricity, and driving long-term value for stakeholders.