Paysafe Share Discussion Threads

[eh9] 04/7/2017 16:01

No acquisition needed only a bold wallet deal with a leading consumer or wallet brand etc....or an agreed reverse takeover etc et

[nurdin] 04/7/2017 15:58

WGP currently trading at near 30x 2017 forecast earnings.Id be quite happy to take that for Pays at a price tag of £11 :o)

[high park] 04/7/2017 15:57

Pays is not in a position to make an acquisition. It's paper is just too lowly valued.

[lomax99] 04/7/2017 15:54

Think capital appreciation will be best served by remaining independent, coupled with bold M&A.

[eh9] 04/7/2017 15:45

I feel a very bold tie up in the wallet space will put a rocket under the share price

[wolfhound1] 04/7/2017 15:43

I see three possible outcomes :

1. Pays discount to peers of 40-50% is eroded over next few months due to M&A activity in market - rising tide lifting all boats.

2. Pays makes play and we double in size again to £5bn - expect we get a 30-50%+ rise on sp

3. Pays approached - likely with a premium of 30%+ to a higher Pays share price as specified above.

Future looks bright and as someone previously mentioned - £7 is no longer that far out of reach pretty amazing performance since skrill aqn.

Gla

[malcolmmm] 04/7/2017 15:42

He cant sit on his hands forever with a huge cash pile burning a hole in his wallet as it were

[eh9] 04/7/2017 15:34

It is absolutely true that paysafe is the number two wallet in western world and citiam says PayPal and Apple talking to nets Denmark which like worldpay is in play. This summer is time for Joel to show what he is capable of pulling off or accepting.

[silverfern] 04/7/2017 15:29

EH9 no, you rumoured WPG would bid for PAYS, just like you rumoured IBM and Apple tie-ups. I hear fake news is new lying.

[eh9] 04/7/2017 15:11

According to citiam Apple and PayPal are the ones after nets denmark. I therefore suspect as the west's number two wallet player paysafe must be in play this summer eg from Apple, PayPal, alipay or paytm. Paytm has even set up in Toronto and is allowing Canadian consumers to pay bills and local transport tickets. Time for Joel to get his skates on and accept something Truly bold...

[eh9] 04/7/2017 14:58

I would agree something that nights have been in the workings for a paysafe deal might come out very quickly now.

[ralphmalph] 04/7/2017 14:53

They might well do that as a protection against the Vantive offer if they view it is too low.

[eh9] 04/7/2017 14:30

I would take £7 tomorrow for a similar 30% rise to worldpays's. It was always rumoured worldpay would bid for paysafe....

[lomax99] 04/7/2017 13:46

JPMorgan and Vantiv make takeover approaches for Worldpay


Strong rise in digital transactions prompts unsolicited offers for payment processor

2 hours ago
by: Emma Dunkley and Jennifer Thompson in London





Worldpay, the UK’s largest payments processor, has received separate takeover approaches from JPMorgan and US card company Vantiv, as the global shift from cash to digital payments gathers pace.Shares in Worldpay soared on Tuesday morning, rising as much as 26 per cent to 403p, giving the group a market capitalisation of almost £7.9bn.The unsolicited takeover approaches from the US investment banking group and the credit card processor, come as more people switch from using physical cash to digital and card payments online and in stores. Worldpay provides the technology that enables businesses, such as retailers, to accept card payments and online transactions from their customers.One person briefed on the takeover talks said: “JPMorgan already has a very big payments side to their business, which in the context of their overall business doesn’t get much attention.” He added that the move would therefore bolster their payments processing division at a time when digital transactions are on the rise, rather than see them “branch into a new area of fintech”.Worldpay listed on the London Stock Exchange in October 2015 at 240p per share, representing the UK’s biggest initial public offering since Royal Mail floated in 2013. The payments processor has experienced rapid growth in the past few years, expanding geographically by launching into Canada, India and Brazil. It also began offering small companies in the UK working capital in a move to diversify its business. The company, founded by entrepreneur Nick Ogden in the 1990s, was sold to Royal Bank of Scotland and was part of the bank’s back-office function. However, RBS had to sell 80 per cent of Worldpay to Bain and Advent in 2010 as an EU condition for its £45.5bn government bailout, before offloading the remaining 20 per cent to the private equity groups in 2013. Bain and Advent invested some £1bn into the business and doubled the number of employees to about 4,500 ahead of the IPO in 2015. The private equity groups sold out following the listing, with US asset manager BlackRock left as the largest shareholder. The news comes only days after a similar announcement by Worldpay rival Nets Holding. Scandinavia’s biggest payments processor confirmed over the weekend it had been approached about a potential takeover while not naming its suitor. The Denmark-based company, which floated last September with a market capitalisation of about $4.5bn, said it was reviewing its options. Nets said that it “can confirm that it has been approached and is reviewing its options. However, it is very early stage and there can be no certainty as to the potential outcome.”

[trentendboy] 04/7/2017 13:39

PAYS have a strong enough stand alone offer so they should not be driven out but tough margins and increased competition.

PAYS may even be one of those left standing but need to make their own acquisition to keep up the scale

[eh9] 04/7/2017 13:38

Would suspect wirecard would like to buy paysafe

[ihatemms] 04/7/2017 13:24

Chap from Banor Capital in the bbc article says that only 1 or 2 big players will reamin in the payments space. Odds on therefore Paysafe will get swallowed up. Worldpay now up 27%.

[malcolmmm] 04/7/2017 11:31

PRESS RELEASES
SportsbookCloud partners with Paysafe’s Income Access

BY Press Releases ON July 04, 2017

TAGs: Income Access, Paysafe, SportsbookCloud


German sports-betting platform provider makes Income Access its preferred affiliate software supplier

Montreal, QC. July 2017 – SportsbookCloud, the German-headquartered sports-betting expert and platform provider, has entered into a client referral partnership with Income Access, Paysafe’s affiliate software provider. The agreement will see SportsbookCloud formally recommend Income Access’ affiliate platform to its online gambling partners.

SportsbookCloud partners with Paysafe’s Income AccessFocusing on emerging markets in Africa, Latin America and Europe, SportsbookCloud offers bookmakers a massively scalable platform with omni-channel capabilities. Bookmakers integrating with the sports-betting solution can swiftly migrate from their legacy platform or startup as they enjoy quick, hassle-free entry into relevant gambling markets with the support of a cutting-edge product offering.

The Income Access affiliate platform, which features flexible commission payouts, end-to-end tracking and reporting, and a comprehensive digital campaign management tool, joins a notable list of industry leaders already partnered with SportsbookCloud. Included among these partners are Microgaming, Innovative Technology, Evolution Gaming and IBM.

As a Betradar Gold Certified partner, SportsbookCloud boasts an intelligent cloud infrastructure and a unified environment for sports-betting, casino, bingo, lottery, live casino and virtual sports. This omni-channel solution is further supported by dedicated teams of experts for rapid operations.

Daniel Gruederich, CEO, SportsbookCloud, said: “Partnering with Income Access, the global expert in affiliate management and reporting technology, is a winning combination for SportsbookCloud and a major benefit for our existing and future clients. Our partners have been keen for this to happen and we’re really excited that our sports-betting platform can now offer even more value.“

Lorenzo Pellegrino, CEO, Digital Wallets, Income Access, (Paysafe Group company), said: “It’s very exciting to partner with an organisation that is focused both on advancing the industry‘s technological benchmarks as well as pursuing success in emerging markets. SportsbookCloud̵7;s status as a leading omni-channel solution has been well-earned and we’re looking forward to being part of its continued success for a long time to come.“

For more information on the SportsbookCloud̵6;s referral partnership with Income Access, please contact SportsbookCloud.

About SportsbookCloud
SportsbookCloud Founded in 2012, is a massively scalable, high performance sports-betting platform. We are Betradar Gold certified partner and officially recommended omni-channel software provider to the iGaming and betting industry. Our strategic partnership focus gives bookmakers a rich cross-channel-access to the leading global content providers.

Contact Information

[silverfern] 04/7/2017 11:25

This really does make Paysafe a target, but it also shows how larger companies are shoring up their market share. The credit card industry settled down to a small number of major players (Cards in the US: Visa — 323M MasterCard — 191M Chase — 93M American Express — 58M) and the payments industry will do the same. Expect some moves by these credit card companies but if PAysafe is in the mix, it needs to get in the mix and quick. I bought a further 5k today.

[malcolmmm] 04/7/2017 11:13

Shares in Worldpay rocketed on Tuesday after the payments processor confirmed that it has received preliminary approaches from US-based payment processing and technology provider Vantiv Inc and JPMorgan Chase Bank over a potential acquisition.
"There can be no certainty either that an offer will be made nor as to the terms of any offer, if made," it said, adding that a further announcement will be made if appropriate.

The statement came amid speculation the company may be a bid target, after M&A blog WallStreet Wires said people familiar with the matter were suggesting it had been approached and advisers appointed.

"Given that the big guns Mastercard and Visa are said to be sniffing around Nets A/S, we can assume the same degree of status for those targeting Worldpay. One would not rule out the need for the likes of Apple Pay and Paypal - previously suspects for Nets, entering the fray here," it said.

Danish card payment services company Nets confirmed over the weekend that it had been approached by potential buyers.

At 0930 BST, Worldpay shares were up 24% to 396p.

[wolfhound1] 04/7/2017 10:40

M&A season has officially opened !!!

Watch this space

GLA

[ralphmalph] 04/7/2017 10:04

If the price gets leaked or WPG let it be known what the price will be, then that can get factored into PAYS share price as well.

[ralphmalph] 04/7/2017 10:02

Because WPG has just said that they have had a takeover approach from Vantiv.

Going to get interesting.

[pshevlin] 04/7/2017 09:55

Now they seem to have made the connection!

[lomax99] 04/7/2017 09:45

No impact on the price yet (i.e. we have not even clawed back what we lost recently, on relatively low volume). Will be interesting to see what is proposed for WPG.