WordPress database error: [Got error 28 from storage engine]
SHOW FULL COLUMNS FROM `wp_options`

WordPress database error: [Got error 28 from storage engine]
SHOW FULL COLUMNS FROM `wp_options`


Warning: mysqli_query(): (HY000/1030): Got error 28 from storage engine in /home/tonyseruga/public_html/wp-includes/wp-db.php on line 2030

WordPress database error: [Got error 28 from storage engine]
SELECT t.*, tt.*, tr.object_id FROM wp_terms AS t INNER JOIN wp_term_taxonomy AS tt ON t.term_id = tt.term_id INNER JOIN wp_term_relationships AS tr ON tr.term_taxonomy_id = tt.term_taxonomy_id WHERE tt.taxonomy IN ('category', 'post_tag', 'post_format') AND tr.object_id IN (19256) ORDER BY t.name ASC

Private Equity's Big Bets on Financial Tech | Tony Seruga
Jul
23

Private Equity’s Big Bets on Financial Tech

By

Private equity firms are rushing to bet on financial technology.

Permira Capital Partners, Advent International and Bain Capital have all recently announced acquisitions of payment processors in the hope of capitalizing on the cashless zeitgeist. The Blackstone Group and CVC Capital Partners, which just offered $3.7 billion for Paysafe of Britain, are placing a double wager.

Paysafe’s quirk is that approximately half of its revenue comes from online gambling and gaming. Investors have struggled with the associated risks — notably from Paysafe’s Asian business, which brings in about a fifth of its earnings before interest, taxes, depreciation and amortization, or Ebitda. A short-seller’s report alleging unsavory dealings in China wiped 38 percent off the company’s share price last December. Though the stock recovered, Paysafe still suffers from a stubborn valuation discount to peers like Worldpay and Nets — both acquisition targets themselves…

Private Equity’s Big Bets on Financial Tech

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.