Paysafe Completes Acquisition of German Fintech viafintech

On November 1, 2021, Paysafe announced the completion of its acquisition of viafintech, a Berlin-based fintech company offering bank-independent payment solutions. viafintech operates a network that allows consumers to make online purchases and pay bills using cash at participating retail locations across Europe. The acquisition strengthens Paysafe's eCash division and expands its physical payment network, complementing its existing digital wallet and online payment capabilities. By integrating viafintech's technology and retail partnerships, Paysafe enhances its ability to serve the underbanked and cash-preferring consumer segments.

The deal broadens Paysafe's embedded payment infrastructure available to merchants and platforms. Financial terms of the transaction were not disclosed. The acquisition reflects growing interest in bridging cash and digital payment ecosystems as part of broader embedded finance strategies.