Skrill
 |
|
| Private | |
| Industry | Online payments |
| Founded | 27 July 2001 |
| Headquarters | 25 Canada Square, London, United Kingdom |
|
Area served
|
Worldwide |
|
Key people
|
David Sear CEO |
| Products |
Payment gateway Digital wallet Prepaid card PSP |
| Revenue |
 $331 million (2014) |
|
Number of employees
|
700+ (2014) |
| Parent | Paysafe Group |
| Website | www.skrill.com |
Skrill (formerly Moneybookers) is an e-commerce business that allows payments and money transfers to be made through the Internet, with a focus on low-cost international money transfers. It is owned and operated by Skrill Limited, a UK-based company registered as a Money Service Business with Her Majesty's Revenue and Customs, regulated by the Financial Conduct Authority and licensed to operate within the European Union.
On 27 July 2001, a company named Moneybookers Limited was incorporated in the United Kingdom. In March 2007, Moneybookers was bought by Investcorp for €105 million and as of 9 March 2009, it was put up for sale by its owners for an estimated £365 million.
In February 2010, The Sunday Times ranked Moneybookers as the fastest growing private equity backed firm in the United Kingdom based on profits. In 2011, the company's customer base reached 25 million, including 120,000 merchant accounts, its payment gateway being integrated by a number of global online brands such as Facebook, Skype and eBay.
In August 2013, CVC Capital Partners acquired Skrill for €600 million. As of 2014, Skrill has been approved by the New Jersey Division of Gaming Enforcement (NJDGE) as the only sanctioned digital wallet for New Jersey internet gambling.
In March 2015, Optimal Payments, the parent company of the Skrill's rival Neteller, announced its official proposal for acquisition of Skrill Group for €1.1 billion. The deal is to be finalized in the third quarter of 2015 according to the parties. In April 2015, Skrill Group announced that it had completed acquisition of Ukash, its UK-based competitor.
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Wikipedia