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How to buy Paysafe stock

Paysafe has agreed to go public via a merger with special acquisition corporation Foley Trasimene Acquisition.

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London-based online payments platform Paysafe has agreed to go public via a merger with special purpose acquisition corporation (SPAC) Foley Trasimene Acquisition Corp. II. The deal closed on December 9. The merged company is expected to be worth about $9 billion, reports say.

What we know about the Paysafe IPO

Payments platform Paysafe completed its merger with a special purpose acquisition company (SPAC), also known as a blank check company. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. No date has been announced yet.

The SPAC, Foley Trasimene Acquisition Corp. II, originally went public in August 2020. After the merger, the company will trade on the New York Stock Exchange under the ticker "PSFE."

How to buy shares in Paysafe

Before you can invest in Paysafe, you'll need to open a brokerage account.

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Paysafe can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

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