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Paysafe Reports Strong First Quarter Financial Results
Key Highlights:
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Revenue increased by 15% year-over-year
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Net income grew by 25% year-over-year
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Adjusted EBITDA increased by 20% year-over-year
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Total payment volume processed exceeded $100 billion
Strategic and Operational Updates:
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Continued to invest in its payment platform and technology
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Expanded its global footprint through partnerships and acquisitions
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Launched several new products and services
“We are pleased with our strong financial performance in the first quarter,” said Philip McHugh, CEO of Paysafe. “We continue to execute on our strategic priorities and invest in our business to drive long-term growth.”