Payments Firm Paysafe Appoints Scot McClintic As SVP iGaming Product & Strategybr>
Specialized payments platform Paysafe has appointed Scot McClintic as SVP, iGaming Product & Strategy.
Paysafe’s core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of over $98 billion in 2019, and approximately 3,000 employees located in more than 12 global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.
McClintic brings to the position over a decade’s experience in strategic business development, product ownership and market analysis, with a strong focus as a licensed operator in the US iGaming space. His most recent role was Chief Product Officer and General Manager at Penn National Gaming’s Barstool Sportsbook & iCasino, an online and mobile sports betting and casino brand. Prior positions include Principal, Strategic Development and M&A at Comcast-NBCUniversal, where he co-founded the company’s sports betting operator strategy. Before that, he held leadership positions at Acumen Fiscal Agent, NRG Energy and Bloomberg.
According to Paysafe, they hired McClintic to further solidify the company’s commitment to the fast-growing iGaming and sports betting markets, which continue to demonstrate significant potential. In the US alone, Paysafe estimates that iGaming deposit volumes could grow from $3.4bn in 2019 to $24bn by 2025.
As SVP of iGaming Product and Strategy, McClintic will work closely with the company’s tech team to confirm the iGaming product offering is integrated into a configurable and seamless payments.
“Scot is a savvy, well-connected and highly customer-centric leader and we’re delighted he is joining the team to spearhead the next stage of our iGaming expansion strategy,” said Ben Dalfen, Paysafe’s EVP, US iGaming. “He will be a great asset to our growing team as we continue to invest in our specialized products and services and consolidate our position as the payments partner of choice in the iGaming and sports betting markets.”
“I’ve been closely watching Paysafe’s rapid growth, particularly in the US, over the past few years and I’m thrilled to be joining such a dynamic, fast-paced company at such an exciting time in the industry,” McClintic said.