Page 1

August 16 , 2021 Paysafe Reports Second Quarter 2021 Results and Reaffirms 2021 Outlook LONDON -- ( BUSINESS WIRE ) -- Paysafe Limited ( " Paysafe " or the " Company " ) ( NYSE : PSFE ) ( PSFE.WS ) , a leading specialized payments platform , today announced its financial results for the second quarter of 2021 . Second Quarter 2021 Financial Highlights ( metrics compared to second quarter of 2020 ) Paysafe : Total Payment Volume of $ 32.3 billion , increased 41 % • Revenue of $ 384.3 million , increased 13 % Net income attributable to the Company of $ 6.6 million , compared to net loss of $ 15.9 million • Adjusted EBITDA of $ 118.8 million , increased 8 % Reaffirmed 2021 full year outlook Philip McHugh , CEO of Paysafe , stated , " We are pleased with the continued momentum Paysafe exhibited over the second quarter with impressive growth and several key wins across iGaming and other attractive digital commerce verticals , including crypto . Paysafe also continues to drive value across the other pillars of our strategy , including strong execution on our cost program and our recently announced acquisitions in Latin America , creating the largest open banking solution in the region . In total , we remain confident in our 2021 outlook and the years ahead as we continue to see the combination of our eCommerce gateway , digital wallets , online banking , and eCash solutions as a true differentiator in the market . " Strategic and Operational Highlights • Excluding the direct marketing vertical and a 2020 business divestiture , growth from all other revenue was 23 % compared to the prior year • Continued strong momentum in North American iGaming , including 48 % revenue growth ; piloting enhanced Skrill digital wallet for U.S. iGaming with eight major brands • Expanded digital commerce across attractive verticals including digital goods ( e.g. , eCash live on Microsoft Store on Xbox ) , crypto ( e.g. , added 22 new cryptocurrencies to Skrill digital wallet ) , financial services ( multiple eCash wins ) and travel ( e.g. , launched safeguarding solution for travel industry ) • 68 % volume growth in U.S. Acquiring compared to the prior year • Delivered on transformation initiatives , including $ 17 million of cost savings achieved year to date of approximately $ 30 million targeted for 2021 • Announced acquisitions of Pago Efectivo and SafetyPay , leading open banking solutions in Latin America • Appointment of Mark Brooker brings deep iGaming experience and further strengthens Paysafe's Board