Paysafe (PSFE) has released an update.
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Paysafe Limited reported a strong third quarter in 2024 with an 8% increase in revenue to $427.1 million and a 7% rise in total payment volume. Despite a net loss of $13 million due to foreign exchange losses, the company showed a positive adjusted EBITDA of $117.8 million. The results reflect successful strategic initiatives in expanding eCommerce and digital wallet segments, buoyed by new hires and partnerships.
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