The owner of the largest software company in Bulgaria – the international group Paysafe, is gaining a leader in digital payments in the markets of Germany, Austria and Switzerland. The company buys its competitor viafintech in a fully monetary transaction, the exact amount is not specified. The company offers the largest independent payment infrastructure in these three markets.
“Paysafe’s main goal is for merchants and consumers to connect and execute transactions seamlessly, thanks to industry-leading products in the areas of payment processing, digital wallets, online cache services and open banking. The company offers over 70 payment methods with more than 40 currencies “, indicate the buyer.
The German company has been on the market since 2011, and its activity is focused on offering the so-called concept for “mobile ATM”. It allows users to make deposits or withdraw cash from their digital bank accounts at the nearest store using a barcode.
The services offered by viafintech are widely used for bill payments and loan repayments, as well as for online shopping, supporting millions of users in the region who do not have bank accounts or simply prefer a high level of security when using online cash services.
The owner of the largest software company in our country went public. Again
After a deal for $ 9 billion
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“As part of the deal, the viafintech team, including managing directors Sebastian Seifert, Achim Bonsch and Andreas Weller, will join Paysafe’s growing team of online cash services and open banking solutions, led by Paysafe’s CEO. eCash, Udo Müller “, it is said in the official announcement of Paysafe.
The deal is expected to close in the next few months, with the two organizations currently operating independently.
Paysafe was founded in 1996 and handles about $ 98 billion in transactions annually. The company employs about 3,000 people. The group has offices in North America, Europe and Asia, and has been operating in Bulgaria since 2015, after the merger of Skrill and Optimal Payments, which previously also operated in the country.
The company currently employs more than 1,300 people here, and its management recently announced that it plans to expand its team to 1,500 people by the end of 2021. Before June, Paysafe opened an office in Varna, where 200 employees should work.
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The largest software company in Bulgaria opened a second office after Sofia
The company currently has 40 open positions for the seaside town. The plans are for the team to reach 200 people
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