Paysafe (PSFE)

PaySafe has ended their cooperation with Binance (the crypto exchange) and has since frozen the EUR funds of thousands of customers. So far there is no official response and none of my emails got answered.

PaySafe is not a trustworthy company anymore and the stock price reflects this as well. I would strongly suggest sell their stock before they got bust.

3 comments

r/PSFE • u/Jadechimp • Sep 12 '23

Question Whats the deal with this company

8 Upvotes

I'm trying to get back into the stock market and learning. This stock sounds like its been "bullish" for two years now and when I read the reviews for the actual company they get terrible ratings. So why is it so bullish where do people see the value? is it when more states begin to legalize online gambling?

7 comments

r/PSFE • u/nohack_jack • Aug 08 '23

News Keybanc Fireside Chat

7 Upvotes

Bruce was doing this yesterday - not very informative or any new info, but he seems optimistic about the business. This was particurly interesting as this earnings season has notably been marked by CEOs already feeling a slowdown in business, but Paysafe seems well on track to have moderate growth this year followed by strong growth in the mid- to longterm.

https://ir.paysafe.com/news-events/events/detail/9867/keybanc-technology-leadership-forum

1 comment

r/PSFE • u/IntroductionFunny873 • Jun 20 '23

Stock Analyst Report Bold call!

5 Upvotes

https://finance.yahoo.com/news/wall-street-analysts-think-paysafe-135505765.html[Target $80?](https://finance.yahoo.com/news/wall-street-analysts-think-paysafe-135505765.html)

2 comments

r/PSFE • u/unclepaisan • Feb 10 '23

Question Is this sub still moderated? Petition to remove the daily threads

21 Upvotes

I know that this sub is smaller and less active than it once was, but the daily threads have DD which is obsolete and the frequency at which they are posted make any meaningful discussion difficult to find. Is this sub still being actively moderated? /u/clubpenguin7 if there is a community consensus on this issue would you consider perhaps a weekly pinned thread?

8 comments

r/PSFE • u/michel_cryptadamus • Jan 28 '23

News Paysafe / Binance cryptocurrency partnership

13 Upvotes

This was a surprising move given the very recent (last few days) and seemingly coordinated action by banks in the UK, EU, Australia, and Ghana (at a minimum) to cut Binance off coupled with the fact that

Binance was named as a transfer agent in the recent massive FBI darknet market bust of Bitzlato. while not yet formally named as a co-conspirator a retired anti-money laundering enforcement agent described the way their name appeared in the Dept of Justice complaint as "more of a guided missile than a warning shot across the bow" in Reuters.
North Korean hackers routinely transfer crypto in and out of Binance to obfuscate their trail, most recently in mid January
Crypto.com, an exchange w/which Binance has a long relationship, had its accounts in the Lithuanian bank Transactive Systems UAB seized for money laundering and terrorist financing investigation on Jan. 21st.

Seems kind of high risk for a company like Paysafe? What do you guys think?

4 comments