Paysafe Readies $9 Billion IPO Via SPAC
PYMNTS
DECEMBER 6, 2020
Foley has worked with SPAC mergers in the finance sector before, with one of his private ventures working with Blackstone in 2017 to buy insurer Fidelity & Guaranty Life. Earlier this year, Paysafe debuted its Skrill Money Transfer service, letting U.S. II SPAC raised $1.47 with a market value of $1.95 billion, Bloomberg reported.
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