← State of Embedded Finance 2026

Paysafe

“Can Paysafe evolve from a multi-brand consumer payment network into the embedded payments and wallet infrastructure layer for regulated-industry platforms globally?”

Founded1996
HQLondon, England, United Kingdom
Latest roundPost-IPO Equity
IndustryFintech / Cross-border payments
The story

Founded in 1996, Paysafe grew from a prepaid payment voucher (PaysafeCard) company into a multi-brand global payments group through acquisitions of Skrill and NETELLER digital wallets. After going public via SPAC in 2020, the company pivoted toward embedded finance infrastructure — offering white-label embedded wallet solutions and a unified Payments API for platforms and partners. Today Paysafe operates as both a direct payments processor for merchants and an infrastructure provider enabling partners to embed payment and wallet capabilities, particularly serving regulated industries like online gaming and iGaming.

Last 12 months
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Product timeline
1996
Founded as a global payments provider offering payment solutions for businesses and consumers.· pivot
2015
Acquired Skrill and NETELLER, expanding digital wallet capabilities for online and gaming merchants.· acquisition
2016
Acquired Income Access (affiliate marketing) and SafeCharge, boosting gateway and processing capabilities.· acquisition
2020
Merged with Foley Trasimene Acquisition Corp II (SPAC), listing on NYSE as PSFE.· ipo
2022
Launched Paysafe Embedded Wallets platform and developer portal, targeting B2B2C use cases for white-label digital wallets.· banking
2023
Expanded Payments API to support 100+ global payment methods including Apple Pay, Skrill, Neteller, PaysafeCard and direct bank transfer.· pivot
Regulated entities
EMI (Electronic Money Institution)
UK FCA
Paysafe Financial Services Limited
EMI (Electronic Money Institution)
UK FCA
Skrill Limited
EMI (Electronic Money Institution)
UK FCA
Prepaid Services Company Limited
EMI
Ireland (Central Bank of Ireland)
Paysafe Payment Solutions Limited
EMI
Ireland (Central Bank of Ireland)
Paysafe Prepaid Services Limited
The stack
Payments / PSP
Paysafe Payments API (self-operated)Paysafe Checkout (self-operated)Paysafe JS (self-operated)Skrill (self-operated)NETELLER (self-operated)PaysafeCard (self-operated)PaysafeCash (self-operated)
Card issuing
Paysafe Prepaid Services Limited (self-operated)
Lending
Youlend
KYC
Jumio
Accounting gap: significant