Paysafe Limited and Endava announced a multi‑year strategic partnership aimed at accelerating payments innovation and enhancing digital community engagement. The collaboration brings together Paysafe’s end‑to‑end payment solutions—spanning digital wallets, prepaid products, and online payment processing—with Endava’s AI‑driven engineering and program delivery capabilities, positioning the two companies to deliver faster product rollouts, higher conversion rates, and richer digital experiences for merchants and consumers.
Bob Legters, Chief Product Officer at Paysafe, said the partnership will enable the company to combine its global payments expertise with Endava’s AI‑driven engineering to set a new standard for payments and community experience. The partnership is expected to accelerate innovation, improve conversion, and create a more agile and scalable offering for Paysafe’s global customer base.
Paysafe reported Q3 2025 adjusted earnings per share of $0.70, missing the consensus estimate of $0.73 by $0.03. Revenue for the quarter was $433.8 million, falling short of the $439.51 million estimate by $5.7 million. Year‑over‑year, revenue grew 2% to $433.8 million from $427.1 million in Q3 2024, while adjusted EPS rose from $0.51 to $0.70. Adjusted EBITDA increased 7% to $126.6 million, reflecting a 29.2% margin that was 160 basis points higher than the prior year.
The earnings miss was driven by a mix of lower‑margin product performance and slower‑than‑expected growth in the digital wallet segment. Management noted that lower‑margin products outperformed higher‑margin ones, and that longer timelines for new product rollouts dampened revenue momentum. A non‑cash tax expense related to new legislation also contributed to a net loss of $87.7 million for the quarter.
In response to the results, Paysafe cut its full‑year 2025 guidance. Adjusted EPS is now expected to be $1.83–$1.88, down from the previous $2.21–$2.51 outlook and below the consensus estimate of $2.41. Revenue guidance is now $1.70–$1.71 billion, versus the prior $1.71–$1.734 billion and below the consensus of $1.73 billion. Management cited the lower‑margin mix, longer product timelines, and macro‑economic headwinds as reasons for the downward revision.
Investors reacted negatively to the earnings miss and guidance cut, with analysts revising their outlooks and lowering price targets. The market reaction underscored concerns about Paysafe’s ability to meet its previous financial targets and the impact of lower‑margin product performance on profitability.
The partnership with Endava is intended to accelerate innovation and improve the company’s competitive positioning in the rapidly evolving payments landscape. By leveraging Endava’s AI and engineering expertise, Paysafe aims to deliver quicker rollouts, higher conversion rates, and richer digital experiences, which could help offset the short‑term financial headwinds and support long‑term growth.
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