With Its SPAC Merger Complete, Paysafe Is Ready for a Turnaround

Now that the hype phase has faded, enterprising investors can scoop up shares of PSFE stock for a cheaper price


On March 31,  Paysafe (NYSE:PSFE) made its debut on the New York Stock Exchange. With Paysafe finally having completed its merger with Foley Trasimene Acquisition II, many traders were eager to get their hands on PSFE stock.

Bill Foley, the founder of Foley Trasimene Acquisition II, now serves as the chairman of the board of directors at Paysafe. Foley is something of a celebrity in the world of business, so he brings a measure of prestige and expertise to Paysafe.