Paysafe shares surge 16.76% premarket after expanding partnership with Fiserv and launching Peruvian digital wallet.

Paysafe surged 16.76% in premarket trading, driven by its expansion into Peru’s digital payments market. The company launched PagoEfectivo, a digital wallet converting its Peruvian eCash brand, signaling strategic growth in Latin America. This move aligns with Paysafe’s bullish outlook on regional digital wallet adoption and follows its recent partnership expansion with Fiserv to enhance SMB solutions. The initiative underscores the company’s focus on emerging markets and payment innovation, likely attracting investor optimism amid broader growth narratives.