Skrill is an internet payment processor, similar to PayPal. When it was originally founded in the UK in 2001, it was called Moneybookers. Originally, the company focused on gambling and e-sports transactions.Can you guess how much the company grew in just 8 years?
By 2009, Moneybookers was worth £365 million, and they announced that they would be offering services to all customers and business, not just gambling and e-sports.
In 2011, the company announced that they would be rebranding themselves as Skrill. To be honest, I could not find the exact reason for their rebranding.
In 2013, the newly-rebranded Skrill purchased paysafecard, an Australian prepaid card program, and was in turn acquired by CVC Capital Partners. In 2015, they merged with Neteller, one of their largest competitors.
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