London-Based Company Planting North American Headquarters in Jacksonville: ‘Vibrant Business Hub’

November 14, 2022 Updated 5:55 PM ET

Source: JAX Chamber
Source: JAX Chamber

JACKSONVILLE (FLV) – The company Paysafe announced plans to open its North American headquarters to Jacksonville, calling the city a “vibrant business hub.”

“The decision to expand our presence in the US with a new North American headquarters in Jacksonville was a logical step in our business growth strategy,” said Paysafe CEO Bruce Lowthers.

Jacksonville is a vibrant business hub and rich with diverse talent from well-known academic institutions, as well as a number of high-profile Fortune 500 companies. We look forward to building a high-performing team here over the next few years and becoming an active member of the local community.

Bruce Lowthers

President and CEO of Jacksonville Chamber, Daniel Davis, said this is one of the biggest deals the chamber has been able to work on in the last decade.

“I think it’s going to have an incredible impact on Jacksonville for the years to come and it shows one more example of how we’re going to become the fintech capital of the U.S.,” Davis said.

Paysafe is a London-based fintech company which connects businesses and consumers across 100 payment types in over 40 currencies around the world.

The Paysafe office location is still being finalized, but the initial move is expected to start with around 200 employees by the end of next year through a combination of relocating employees and new hires. 600 jobs will be targeted over a three-year timeframe. The company will be hiring for a wide range of roles including highly skilled technology jobs with a focus on online digital payment processing.

The company’s core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions.

JAX Chamber has a team that focuses on marketing throughout the year with an emphasis on building London connections.

“We are definitely on the map and they want to come be a part of what’s happening in Jacksonville and this is a testament to that,” Davis said.

Davis told Florida’s Voice why Jacksonville is a great place for companies to move to.

“I think there’s an environment of elected leaders that want to see businesses succeed, there is a talent pool that these CEOs want to hire people from, and the quality of life is incredible so we have a great story to tell,” Davis said.

Gov. Ron DeSantis praised the company’s move to the city.

Paysafe’s decision to establish its headquarters in Jacksonville further solidifies Florida as the top destination to grow a business,” DeSantis said. “Businesses are continuing to come here because we have cut taxes, invested in our workforce and made sure businesses can find freedom in the Sunshine State.” 

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