Online payments company Paysafe going public in SPAC merger Tuesday, Bill Foley says


KEY POINTS

  • Foley Trasimene Acquisition II Corp, a special purpose acquisition company set up by businessman Bill Foley, is set to close on its blank-check merger with London-based payments company Paysafe
  • “Paysafe … is ubiquitous. It’s just everywhere in terms of the gaming world and digital wallets, e-cash solutions,” Foley told CNBC, announcing that Paysafe will begin trading on the NYSE Tuesday.
  • Foley wants Paysafe to become the “preeminent i-gaming leader” in North America.

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