Paysafe Limited (NYSE:PSFE) Maintains "Buy" Grade Amidst Growth in Digital Wallet Users

Font: Financial Modeling Prep  • Mar 03, 2026

• Paysafe Limited (NYSE:PSFE) reports a 6% increase in digital wallet users, reaching 7.8 million by the end of the fourth quarter.
• The digital wallets segment saw a 13% year-over-year revenue increase to $220.2 million, with a 6% organic growth.
• Adjusted EBITDA for the digital wallets segment increased by 4% to $93.1 million, indicating a positive cash flow trend.

Paysafe Limited (NYSE:PSFE) is a leading global payments platform that offers a range of services, including digital wallets, payment processing, and online cash solutions. The company operates in various sectors, such as eCommerce, iGaming, and financial services. Paysafe competes with other payment service providers like PayPal and Square. On March 3, 2026, BTIG maintained its "Buy" grade for Paysafe, with the stock price at $7.55.

Paysafe has experienced growth in its digital wallet users, reporting a 6% increase to 7.8 million by the end of the fourth quarter. This growth is driven by the expansion in eCommerce, iGaming, and digital wallets, which helped offset weaknesses in the small and medium-sized business (SMB) channel. The digital wallets segment saw a 13% year-over-year revenue increase, amounting to $220.2 million, with a 6% organic growth.

The company's adjusted EBITDA for the digital wallets segment increased by 4% to $93.1 million, indicating a positive cash flow trend. Paysafe's management highlighted the successful rollout of the Paysafe Wallet, which had over 500,000 registered users by October and is now available in 18 countries. The strategy involves cross-selling wallet functionalities to its nearly 8 million active users, reducing acquisition costs and enhancing user engagement.

Paysafe's Merchant Solutions revenue grew by 2% organically in the quarter, reaching $222.7 million, with eCommerce experiencing a significant 24% expansion. The stock for PSFE is currently priced at $7.65, reflecting a significant increase of approximately 23.29%, a rise of $1.45 from its previous value. During the trading day, the stock reached a low of $6.42 and a high of $7.65. Over the past year, PSFE has seen a high of $18.15 and a low of $5.95.