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IndustryUpdate
G2 Esports, paysafecard extend partnership Paya, FinTech III sign
merger agreement
Major esports organization G2 Esports and paysafecard, the e-cash solution
from Paysafe, extended their partnership for a fifth consecutive year. Thus, Paya, an integrated payments and
the paysafecard brand continues to be promoted across multiple G2 Esports commerce solution provider, and
social media channels and Twitch live streams as well as via paysafecard- FinTech Acquisition Corp. III, a spe-
branded giveaways and event integration, Paysafe stated. According to cial purpose acquisition company,
Statista, in 2020 close to 500 million people worldwide occasionally watch divulged that they entered into a
esports events. definitive merger agreement. Upon
closing of the transaction, the com-
M3, Nvoicepay redefine payment automation bined company will operate as Paya
M3 and Nvoicepay reported they partnered to offer hospitality businesses a and will be listed on NASDAQ under
holistic AP payment solution that not only reduces the overall cost of making the new symbol PAYA. The transac-
payments, but also enables businesses to mitigate payment fraud risk and tion reflects an implied enterprise
generate rebates. Both companies strive to support hospitality businesses as value for the company of approxi-
they adopt streamlined, electronic workflows into their back-office proce- mately $1.3 billion, Paya noted.
dures, the partners added.
APPOINTMENTS
ACQUISITIONS
Jason Green signs
Nuvei, SafeCharge merge, reposition on with BlueSnap
SafeCharge, which Nuvei acquired in 2019, merged with Nuvei and will now Jason Green joined BlueSnap to lead
operate under the Nuvei name. The integration of both organizations under the all-in-one payment platform's
one name and a full-stack, native payment technology platform is designed global sales organization. He will
to further remove payment barriers worldwide, empowering merchants with be responsible for BlueSnap's Global
unparalleled global commerce capabilities, Nuvei stated, adding that it also Sales Team and oversee the sales
introduced new corporate positioning, tagline and website design to repre- and business efforts to support the
sent the company's drive to unite payment technology and consulting. company's next phase of growth and
its expanding go-to-market plans.
Green brings over 20 years of sales
leadership in the payments space
REIMAGINE THE ART OF USAEPAY.COM to BlueSnap with extensive experi-
ence in payments and fintech from
866-570-2051
TRANSACTION his roles at TSYS, Vantiv, First Data,
and TransFirst. Most recently, he
led sales efforts at Global Payments/
M
MOBILEOBILE
RETAIL
E-COMMERCE
TSYS where he was responsible for
all revenue generating channels for
the Integrated Division, BlueSnap
said.
Sezzle selects Reid Bork
Installment-based payments plat-
form Sezzle appointed former PayPal
executive Reid Bork as vice president
of enterprise sales, a newly created
role in which he will be responsible
for leading the company's large-scale
retail acquisition efforts. Bork had
been with PayPal since 2008, most
recently serving as senior director
of global accounts. He will be spear-
heading Sezzle's enterprise busi-
ness development efforts, as Sezzle
recommits its focus to large client
acquisition following the company's
recent capital raise, according to the
company.
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