As shoppers increasingly turn to paying for purchases via mobile devices payments firms have become sought-after.
Paysafe offers pre-paid cashcards and online wallets which are popular among online gambling customers.
Its shares continued to rise, moving up 1.3% to £6, higher than the share offer on the table from the bidding consortium.
Paysafe and the consortium said the deal was expected to close in the fourth quarter of 2017 following approval by shareholders.
It also needs to be approved by regulators in the UK, Switzerland, Mauritius, the European Union, the US and China.