New CEO for PaySafe Group

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arbusers
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New CEO for PaySafe Group
« on: June 02, 2019, 11:38:39 PM »
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Paysafe Group has confirmed the appointment of Philip McHugh as the new CEO, replacing Joel Leonoff who served the company for 11 years.
McHugh is an executive, specializing in digital payments, retail banking and corporate finance,  having formerly served as Senior VP of Merchant Solutions for US credit card processor TSYS.
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campeones
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Re: New CEO for PaySafe Group
« Reply #1 on: June 03, 2019, 08:22:33 AM »
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There are rumors that PaySafe is going to be sold (again) to an investor during 2019 or early 2020. The name of the investor is not released. It would be good to find out if the new management is operating as a bridge towards the new owners. Former CEO Leonoff is going to have decorative duties from now on and there should be an explanation for that.
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jonibiza19
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Re: New CEO for PaySafe Group
« Reply #2 on: June 03, 2019, 02:25:16 PM »
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We should expect more fees soon
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balls of steele
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balls of steele

Re: New CEO for PaySafe Group
« Reply #3 on: June 03, 2019, 08:55:03 PM »
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The truth is that Bet365 is bidding for at least 20% of PaySafe. They have the money to buy 50-51 or even 100%. But they will take just 20% in order to have access to information. You all know what information I m talking about.
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ArberPro
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Re: New CEO for PaySafe Group
« Reply #4 on: June 03, 2019, 09:42:45 PM »
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I thought bet365 has already  some PaySafe shares bought thru shell companies...
Maybe this is the bigger game that PaySafe is playing (google Why money laundering risk is very real with crypto cards and read the article from financial times )
« Last Edit: June 03, 2019, 10:00:14 PM by ArberPro » Logged
arbusers
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Re: New CEO for PaySafe Group
« Reply #5 on: February 15, 2020, 02:54:38 PM »
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PaySafe Group has confirmed the appointment of Sujit Unni as Group Chief Technology Officer (CTO). Unni joins Paysafe from Barclays UK, where he served as a Managing Director overseeing the development of the firm’s retail and business lending platforms. Unni served as an executive for JP Morgan, Travelex and HSBC.
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campeones
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Re: New CEO for PaySafe Group
« Reply #6 on: February 17, 2020, 04:28:59 PM »
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During these last days, I had talks with many managers from gambling and payments business. I came to the conclusion that PaySafe's management is doing some tragic mistakes.
Bet365 represents a big chunk of business and should be treated extra carefully. I m sure PaySafe is not happy with the ban they received from Bet365, but did they do anything to stop it? All managers are looking for their Qs and their bonuses hoping the bomb will explode to the next one, but this is when the bomb exploded to the current management.
Now, look at what is going to happen? Q4 will close badly, but the annual report will good because the bad revenue will be there for only 1.5 months. But Q1, Q2 etc from 2020 will be that bad, that shareholders will wake up looking responsibilities.
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sagosen
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Re: New CEO for PaySafe Group
« Reply #7 on: March 11, 2020, 03:37:52 AM »
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Any news they can be back at bet365?
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