London-based online payments company Paysafe is set to begin trading on U.S. public markets after merging with Foley Trasimene Acquisition II Corp, billionaire business and sports executive Bill Foley told CNBC.
Foley, who set up the SPAC, announced in December that it was targeting Paysafe in a deal valuing the firm at about $9 billion, including debt.
Foley Trasimene II shareholders voted in favor of the business combination last week. At the time, Paysafe’s public launch was set for March 31, so today’s debut comes 24 hours early. Read more.
