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Alight Inc ALIT

Alight, Inc. is a cloud-based provider of integrated digital human capital and business solutions. The Company’s segments include Employer Solutions and Professional Services. The Employer Solutions segment is driven by its Alight Worklife platform, and includes total employee wellbeing, integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, retiree healthcare and payroll. It leverages data across all interactions and activities to improve the employee experience, reduce operational costs and better inform management processes and decision-making. The Professional Services segment includes its project-based cloud deployment and consulting offerings that provide expertise with both human capital and financial platforms. Specifically, this includes cloud advisory and deployment, and optimization services for cloud platforms, such as Workday, SAP SuccessFactors, Oracle, and Cornerstone OnDemand.


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Post by insidersnoop1on Dec 09, 2020 11:37am
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Post# 32067595

Paysafe details

Paysafe details
Private limited company
Industry Online payments
Founded 1996[1]
Headquarters London, UK
Key people
Stuart Harvey[2][3]
(Chairman)
Philip McHugh[4][5][6]
(CEO)
Products Electronic money
Digital wallet
Revenue $1 billion (2016)[7]
$194.4 million (2016)[7]
$142.0 million (2016)[7]
Subsidiaries SkrillNetellerpaysafecard
Website Paysafe Group


Paysafe Investment Highlights:

  • Leading integrated payments platform processing nearly $100 billion of payment volume.
  • Significant exposure to eCommerce with more than 75% of revenue from online and integrated services.  
  • Highly differentiated B2B and B2C global network with a powerful suite of digital wallet, eCash and integrated processing solutions.
  • Significant growth opportunities in a massive addressable market, with expertise in highest value verticals.
  • Long history as the global market leader in iGaming payments, and well-positioned to capitalize on the expanding US iGaming market.
  • Proprietary and scalable platform in technology and risk management driving a proven M&A playbook.
  • Attractive, asset-light financial profile with over 30% EBITDA margins, 80% cash conversions¹ and double-digit revenue growth across diversified geographies and verticals.
  • Clear strategy for growth and transformation in partnership and leadership of Bill Foley.
  • Highly experienced management team led by Philip McHugh, CEO of Paysafe, who will continue leading the newly combined company.

 

¹2021 estimated

LINK :
https://www.paysafe.com/en/paysafegroup/news/detail/foley-trasimene-acquisition-corp-ii-and-paysafe-a-leading-global-payments-provider-focused-on-digital-commerce-and-igaming-announce-merger/
 


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