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November 11 , 2021 Paysafe Reports Third Quarter 2021 Results Paysafe : 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 third quarter of 2021 . Third Quarter 2021 Financial Highlights ( Metrics compared to third quarter of 2020 ) Total Payment Volume of $ 31.1 billion , increased 19 % • Revenue of $ 353.6 million , decreased 1 % • Net loss attributable to the Company of $ 147.2 million , compared to net loss of $ 38.1 million , and inclusive of a non - cash impairment charge of $ 322.2 million • Adjusted EBITDA of $ 106.4 million , decreased 1 % Revised outlook for full year 2021 Philip McHugh , CEO of Paysafe , stated , " In the third quarter we reported Adjusted EBITDA in line with our expectations , despite softer than expected revenue , reflecting both market and performance challenges within the digital wallet business . While the recent trend will drive an adjusted financial outlook , we continue to see strong momentum across the business . Our position to win in high growth and disruptive markets including online sports betting and crypto continues to accelerate , coupled with strong delivery against our cost and technology platform targets . " Strategic and Operational Highlights • 50 % year - to - date revenue growth in North American iGaming • Announced several new and expanded U.S. iGaming partnerships , including Fubo Gaming , PlayUp , and SuperBook Sports • Continued rollout of Skrill USA digital wallet revamp designed to make it easier and faster than ever to wager online ; pilot now expanded to 11 iGaming brands • Expanded eCash partnership with Incomm , supporting financial inclusion and enabling cash consumers to pay bills at more than 4,600 Walmart stores across the U.S. Acquired German fintech company , viafintech , positioning Paysafe as an essential payments partner to fast - growing neobanks around the world • Announced acquisition of Safety Pay and closed acquisition of PagoEfectivo , establishing Paysafe as the leading provider of open banking solutions in Latin America • Exceeding cost savings program targets , delivering $ 26 million year - to - date Third Quarter 2021 Summary of Consolidated Results Three months ended Nine months ended