What happened Paysafe (NYSE: PSFE) shareholders lost ground to the market last month as the stock fell 19% compared to a 0.55% uptick in the S&P 500, according to data provided by S&P Global Market Intelligence. The slump pushed investors in the payments processing specialist deeper into the red, with shares down about 20% so far this year compared to a 12% increase in the broader market. Image source: Getty Images. So what Investors weren't thrilled with the latest results from the fintech company. Paysafe said on May 11 that revenue inched higher by just 5% in the fiscal first quarter as net losses held at close to $50 million. Payment volume rose 8%, which was right around management's target. The losses weren't a surprise, either, as Paysafe is busy investing in its growth areas like online gaming. "We are pleased to deliver solid financial results in the first quarter," CEO Philip McHugh said in a press release last month. "We made excellent progress on our strategic initiatives." Now what McHugh and his team left their 2021 outlook unchanged, and investors' sour reception of the stock likely reflects hopes that the payment processor would instead have lifted its forecast. Its U.S. gaming niche saw a 66% revenue spike, after all, and Paysafe is gaining a bigger foothold in cryptocurrencies. The company's latest earnings update didn't threaten that broader growth story. In fact, Paysafe has a good shot at growing both sales and profitability if its new financial bets work out. The challenge for management is that Paysafe's digital payment processing segment is weighting down the rest of the business. That division reported a 13% sales decline last quarter and a 30% drop in adjusted profits. Executives have said that Paysafe can sustainably achieve double-digit sales growth in the context of rising profit margins. While May's earnings report didn't show progress on either score, the company has just completed its merger and has finished making other changes like paying down debt and appointing a new board of directors. It's not clear yet whether Paysafe's new posture will help deliver the growth that management is targeting, and so investors understandably took a step back from this fintech giant last month. 10 stocks we like better than Paysafe LimitedWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Paysafe Limited wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of May 11, 2021 Demitri Kalogeropoulos has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source