Paysafe SPAC Presentation Deck
Bill Foley is an agent of change and transformation
Revenue opportunity
Incremental Adj. EBITDA(1,2)
Incremental Adj. EBITDA incl. US iGaming upside (1,3)
Total project cost
savings from platform
integration
Operations: $20m
▪ Process transformation and
automation
▪ 30% reduction in premises footprint
Back office consolidation (risk,
Risk platform: $15m
compliance, and operations)
Fraud reduction
Good / Bad rate improvement
Credit loss improvement
Digital Wallet funding enhancement
Bank as a service: $20m
Lower fees (acquiring, APM, FX)
Closing of unused accounts
■
■
Banking relationship consolidation
▪ Consolidate onto proprietary
acquiring licenses
Note:
(1)
(2)
(3)
(4)
Total project
Revenue growth
strategies
Enterprise sales: $85m
Cross-selling funnel
■ Transformational deals
Gateway convergence: $15m
Consolidation onto Unity
Sell Paysafe eComm gateway via
USPP division
■
$140m
$60m
$75m
■
■
Migrate more wallet volume to
Paysafe acquiring
Operations: $20m
▪ Failed deposits for Digital Wallets
Risk platform: $15m
▪ Reduce false positives
Bank as a service: $5m
Incremental '21E adj. EBITDA: $20m(1,2)| Incremental '21E adj. EBITDA: $40m(1,2)
✓ Foley team drives
Foley track record of
synergy achievement
revenue growth
■
■
Winning in US
iGaming
10% US iGaming market share
forecasted to grow to $24bn market
volume in 2025
Upside scenario to base case of
$47bn market volume, driving an
incremental $15m of adj. EBITDA(1,3) ▪
Global base of 15m customers(4)
across verticals
Proven strategy of winning as new
global markets open
■
Unrivaled regulatory and technical
expertise
Incremental '22E adj. EBITDA: $15m(1,3)
✓ Foley track record of
success in highly
regulated industries
eCommerce, APM as defined on slide 52.
Represents organic adj. EBITDA. See slide 49 for additional information regarding this non-GAAP measure.
Represents upside impact to '21E Organic adj. EBITDA giving pro forma effect to cost savings and revenue opportunities if and when realized in future periods.
Represents upside impact to '22E base plan Organic adj. EBITDA giving pro forma effect to growth in US iGaming market volume if and when it occurs.
LTM July 2020. Based on total active wallet accounts and estimated paysafecard users.
Paysafe:
M&A strategy
Transform growth and margin
trajectory of Paysafe
Balance sheet positon for
acquisitive growth
Digital wallet consolidation - over
300 targets with large synergy
potential
eCash adding geographic
distribution / platform consolidation
Targeting highly profitable and
high growth verticals in
eCommerce
Four steps to drive transformational value creation
✓ Foley governance
team with expertise in
transformative M&A
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