Laura DiBella, deputy secretary of commerce at, said partnerships like this make it so Jacksonville is “officially on the world stage.”
“Today is a great day for the city of Jacksonville and the Northeast Florida region as a whole,” DiBella said. What is Paysafe? Lowthers described the company as “one of the world’s largest e-cash platforms” and the “fourth largest non-bank acquirer in the U.S.”The state approved incentives and an economic development package in October that are expected to be introduced to the Jacksonville City Council next week. Paysafe will qualify for $10 million in city incentives and $3 million from the state’s High-Impact Performance Incentive program.
City Council President Terrance Freeman spoke at the news conference for Paysafe’s announcement, noting that 11 council members were present. “We are fortunate to have a strong partnership between our economic development team at JAXUSA, the city of Jacksonville and the state of Florida,” Freeman said. “The focus on fintech is exciting and an area that is becoming an incredible strength for our cities.”
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