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Paysafe
Paysafe Limited (formerly known as Optimal Payments PLC) is a multinational online payments company. The group offers services both under the ''Paysafe'' brand and subsidiary brands that have become part of the group through several mergers and acquisitions, most notably Neteller, Skrill, Paysafecash and paysafecard. Legally domiciled in Bermuda, Paysafe’s corporate headquarters are in the United Kingdom. Various Paysafe group companies hold a number of licences from different national and state regulators including the U.S. Securities and Exchange Commission and the Financial Conduct Authority. The company was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by a consortium of The Blackstone Group and CVC Capital Partners in December 2017. Paysafe then listed on the New York Stock Exchange on March 31, 2021 (ticker PSFE) following a merger with special purpose acquisition company Foley Trasimene Acquisition Corp II. H ...
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Paysafecard
Paysafecard (as a brand stylized in lowercase) is a prepaid online payment method based on vouchers with a 16-digit PIN code, independent of bank account, credit card, or other personal information. Customers can purchase vouchers at local sales outlets and pay online by entering the code at the checkout of the respective website (e. g. an online game). Paysafecard codes are ''not'' designated to be passed by mail or telephone. Paysafecard is issued and distributed country-wise; cross-border and cross-currency usage is possible within some limits. The scope of services and partner webshops varies by country. In most countries, a personal account called ''my paysafecard'' for uploading PINs is available. Starting in Austria in 2000, as of 2018 paysafecard is available in over 40 countries. Two former competitors, Dutch ''Wallie'' and British Ukash, have been absorbed into paysafecard. In 2013, paysafecard was acquired by British digital wallet provider Skrill, and in 2015 as part ...
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Skrill
Skrill (formerly Moneybookers) is a digital wallet provider established in 2001 which offers a multiple online payment and money transfer services. Skrill operates in 131 countries with the digital wallet offered in 40 currencies. Customers can transfer money to their Skrill wallet using multiple payment options which include by card, bank transfer, and others. The funds can then be used to pay merchant and users that accepts payments via Skrill or turned into cryptocurrency. Skrill also has cross-border payments accessible to customers via its remittance service. The service enables customers to send money to a bank account overseas using their bank card. In 2015, Skrill was acquired by the Paysafe Group along with former competitor Neteller and prepaid payment provider paysafecard. Skrill is operated by Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by the Central Bank of Ireland, for its European regulated activities. Skrill's activit ...
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Neteller
Neteller is an e-money transfer service used to transfer money to and from merchants, such as forex trading firms, social networks firms. Users in some locations can withdraw funds directly using the Net+ card or transfer the balance to their own bank accounts, others are restricted. Neteller is owned and operated by British global payments company Paysafe Group, alongside former competitor Skrill and prepaid payment method paysafecard. History Neteller was created in 1999 in Canada and moved to the Isle of Man in 2004. Paysafe Group is listed as an "Authorised Electronic Money Institution". In 2015, Optimal Payments Plc (now Paysafe Group) finalized a transformational transaction for the global payments industry – the acquisition of Skrill Group, one of Europe’s largest online payments systems and among the world’s largest independent digital wallet providers. Neteller is not a bank and does not lend customers' funds. It is required under FCA e-money regulations t ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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ECW Press
ECW Press is a Canadian book publisher located in Toronto, Ontario. It was founded by Jack David and Robert Lecker in 1974 as a Canadian literary magazine named ''Essays on Canadian Writing''. They started publishing trade and scholarly books in 1979. ECW Press publishes a range of fiction, non-fiction, poetry, sport, and pop culture. In 2015, Publishers Weekly listed ECW Press as one of the fastest-growing independent publishers in North America. ECW Press releases around 50 new titles a year. History The company was founded by Jack David and Robert Lecker in 1974 as a Canadian literary magazine named ''Essays on Canadian Writing''. Five years later, ECW published its first books—trade and scholarly titles. It started with two principal series: the ''Annotated Bibliography of Canada's Major Authors'' (ABCMA) and ''Canadian Writers and Their Works'' (CWTW). Through the 1980s, ECW upgraded its typesetting facilities, published reference titles, and began to service thi ...
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California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ...
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Yahoo! Finance
Yahoo! Finance is a media property that is part of the Yahoo! network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management. In addition to posting partner content from other web sites, it posts original stories by its team of staff journalists. It is ranked 20th by SimilarWeb on the list of largest news and media websites. In 2017 Yahoo! Finance added the feature to look at news surrounding cryptocurrency. It lists over 9,000 unique coins including Bitcoin and Ethereum. See also * Google Finance * MSN Money References * https://finance.yahoo.com/portfolios External links Yahoo! Finance Economics websites Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and serv ...
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CNW Group
CNW Group Ltd., also called Canada Newswire and CNW, is a commercial press release service owned by Cision. Cision Distribution services in Canada are powered by Canada Newswire. The service is offered stand-alone or as part of its flagshiCision Communications Cloudplatform for PR professionals. History CNW was founded in 1960 as Canada News Wire, by Joseph Adair Porter Clark (1921-2013) who became CEO and President of the news service. (Clark is the father of television journalist Tom Clark) CNW originally delivered text news releases to news media outlets on behalf of paying clients. This model expanded over time to include the provision of ancillary services required by investor relations and public relations professionals, including translation, photography, webcasts, media databases and media monitoring. Canada Newswire distribution switched to using XHTML instead of ANPA-1312, allowing for more formatting of releases. Which enables transmission of text. In 2003, CNW ent ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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The Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately United States dollar, US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter George Peterson, Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers, Kuhn, Loeb Inc., Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in Seed money, seed capital. The ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ...
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