Paysafe Ltd

Interactive Brokers Group announced a new funding solution for Latin American clients through a collaboration with Paysafe's SafetyPay. The partnership allows clients in the region to fund IBKR accounts in local currencies via SafetyPay's payment network. The new option is aimed at making IBKR's platform more accessible and convenient for investors in key Latin American markets.

Paysafe reported second quarter 2026 revenue of $447.4 million, up 4% year-over-year, and announced a preliminary settlement of the Farzad litigation, resolving the final legacy overhang from its SPAC era. Adjusted EBITDA decreased 2% to $102.8 million, with adjusted EBITDA margin declining to 23% from 24.5% a year earlier, reflecting increased marketing and IT investments. The company's net leverage ratio improved to 5.3x at quarter end from 5.5x at Q4, and factoring in the preliminary legal settlement and debt refinancing fees, Paysafe expects to end the year with net leverage in the range of 5.1x to 5.2x. Revenue from Digital Wallets increased 3% to $206.6 million with organic growth of 1% when normalizing for currency movement and interest revenue, while Merchant segment revenue rose 6% to $246.1 million. Paysafe also previewed a new partnership with Envision Racing, one of Formula E's most successful and innovative teams, as part of its brand-building strategy.

Paysafe reported second quarter 2026 non-GAAP earnings per share of $0.43, beating analyst estimates by $0.04, while revenue of $447.44 million beat expectations by $0.46 million. Revenue increased 4.5% year over year, driven by 3% growth in Digital Wallets and 6% growth in Merchant Solutions. The company issued full year 2026 guidance with revenue between $1.79 billion and $1.83 billion, adjusted EBITDA between $449 million and $464 million, and adjusted EPS between $1.90 and $2.03.

Paysafe has launched its PaysafeWallet digital wallet in Poland. The service allows consumers to pay, send, and spend in Polish złoty and includes a virtual debit card usable on a phone. The rollout builds on strong adoption of PaysafeCard in Poland, according to the company. PaysafeWallet was first introduced in April across 18 European markets and combines multiple payment functions in one app, including cash top-ups, peer-to-peer transfers, and in-store and online payments.

Paysafe and video game monetization platform Tebex have announced a major expansion of their long-standing partnership. Tebex has integrated the unified Paysafe API Gateway into its checkout system, moving beyond a basic prepaid eCash connection to a comprehensive payment infrastructure. The single API integration gives global gaming studios and server merchants immediate access to a full suite of traditional and alternative payment methods, including the US-focused Openbucks solution that allows American gamers to fund online transactions with cash via third-party retail gift cards at over 67,000 physical locations. The expanded checkout features aim to improve conversion rates and broaden market access by catering to regional player payment preferences.