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BFT - Foley Trasimene Acquisition And Paysafe: The Combination
Foley Trasimene Acquisition Corp. II Class A
Foley Trasimene Acquisition, a SPAC, has merged with Paysafe, an online payments enabler. The merged entity will trade as PSFE on the NYSE.
Bill Foley of Foley Trasimene Acquisition, being a highly successful businessman specializing in financial services, is expected to take PSFE to great heights.
Estimates suggest Paysafe will report $103 billion in transactions in 2021. It expects to report $1.5 billion in revenues and a gross profit of $963 million in 2021.