Page 12 - GS20802
P. 12

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.


        12
   7   8   9   10   11   12   13   14   15   16   17