SafeCharge
| Public company | |
| Traded as | AIM: SCH |
| ISIN | 🆔 |
| Industry | Payment service provider |
| Founded 📆 | 2006 |
| Founder 👔 | |
Area served 🗺️ | |
| Services | Payment gateway, Payment service provider, omnichannel payments, alternative payments, risk management |
| Revenue🤑 | $106 million (2016) |
| Members | |
Number of employees | 340+ (2016) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
SafeCharge is a global payments technology company [1] that provides omnichannel payment services and fraud prevention solutions. [2] It connects businesses directly to all major payment card schemes including Visa, MasterCard [3] and 150+ different payment methods.
The company counts 340+ employees and has offices in Israel , UK, the Netherlands, Hong Kong, Italy, Austria, Cyprus, Bulgaria, Singapore and in the US and expanding to other industries. [4] [5] [6]
History
SafeCharge was co-founded by Teddy Sagi and current CEO, David Avgi in 2006. [7][4][8]
The company began trading on the London Stock Exchange in 2014. [9] At that time, SafeCharge was processing $4.8 billion in annual volume with revenue of $43.18 million.[10] It raised $126 million from public offerings with its IPO pricing which was the second largest IPO.[9][4][11][12][13] The company acquired CreditGuard for $8 million[14] and 3V Transaction Services for $14.5 million for card issuing activities in 2014. [15][16]
In 2016, SafeCharge started processing for EL AL, the Israel’s national airline’s payments. [17][10]
In 2017, SafeCharge announced its expansion to the Asian market via a strategic partnership with 2C2P[18][19] and working with WeChat Pay in London’s Camden market [20][21][22][23] and providing payment technology for marketplaces. [24]
In January 2018, the company was authorised as a payment institution by the UK Financial Conduct Authority.[25][8]
External links
References
- ↑ Friedfeld, L.; Metoudi, Philippe (2015-07-31). Israel and China: From Silk Road to Innovation Highway. Partridge Publishing. ISBN 9781482851601. Search this book on
- ↑ Montague, David A. (2010-11-05). Essentials of Online payment Security and Fraud Prevention. John Wiley & Sons. ISBN 9780470915141. Search this book on
- ↑ "SafeCharge Granted Membership Status by VISA Europe". www.goldnews.com.cy. Retrieved 2018-01-23.
- ↑ 4.0 4.1 4.2 "Teddy Sagi's SafeCharge raises $126m on AIM - Globes English". Globes. Retrieved 2018-01-15.
- ↑ "Annual Report 2017". Retrieved 2018-01-15.
- ↑ "Why I'd buy Safecharge International Group Ltd over Monitise plc". The Motley Fool UK. 2016-12-02. Retrieved 2018-01-23.
- ↑ "Playtech founder plans SafeCharge listing". Financial Times. Retrieved 2018-01-22.
- ↑ 8.0 8.1 "UK Financial Conduct Authority awards license to SafeCharge - Globes English". Globes. Retrieved 2018-01-22.
- ↑ 9.0 9.1 Press, Gil. "2014 Was Best-Ever Year For Israeli Startups". Forbes. Retrieved 2018-01-23.
- ↑ 10.0 10.1 "SafeCharge Three Years After IPO | Payment Consultants and Interim Managers". Payment Consultants and Interim Managers. 2017-06-05. Retrieved 2018-01-15.
- ↑ Editorial, Reuters. "Payment company SafeCharge to list on London's AIM". U.K. Retrieved 2018-01-15.
- ↑ Armstrong, Ashley (2014-03-21). "Demand for Safecharge pushes up IPO valuation". ISSN 0307-1235. Retrieved 2018-01-15.
- ↑ "SafeCharge boosts revenues and pays maiden dividend". Financial Times. Retrieved 2018-01-25.
- ↑ "Sagi's SafeCharge acquires Israeli co CreditGuard - Globes English". Globes. Retrieved 2018-01-15.
- ↑ Kennedy, John (2014-12-23). "Irish payments player 3V acquired by SafeCharge for €14.5m - Companies | siliconrepublic.com - Ireland's Technology News Service". Silicon Republic. Retrieved 2018-01-15.
- ↑ "SafeCharge acquires Irish tech firm 3V for €14.5m". The Irish Times. Retrieved 2018-01-15.
- ↑ "EL AL Onboards SafeCharge to Facilitate Third Party Payments | Finance Magnates". Finance Magnates | Financial and business news. 2016-06-03. Retrieved 2018-01-15.
- ↑ "2C2P agrees partnership with SafeCharge". SBC News. 2016-01-05. Retrieved 2018-01-15.
- ↑ "Singapore: Payments firm 2C2P gets strategic investment from SafeCharge, to gain access to global e-commerce - DealStreetAsia". www.dealstreetasia.com. Retrieved 2018-01-15.
- ↑ Finextra (2017-06-15). "SafeCharge brings WeChat Pay to bricks and mortar retailers across Europe". Finextra Research. Retrieved 2018-01-15.
- ↑ "WeChat: Chinese shoppers can open digital wallets in Britain". The Telegraph. 2017-12-21. ISSN 0307-1235. Retrieved 2018-01-15.
- ↑ hermesauto (2017-11-24). "China's WeChat Pay launches in London's Camden Market as part of global expansion". The Straits Times. Retrieved 2018-01-15.
- ↑ "WeChat Pay begins UK roll out in London's Camden market". Financial Times. Retrieved 2018-01-25.
- ↑ "SafeCharge Enables Payments for Innovative Marketplace Funzing". Markets Insider. Retrieved 2018-01-23.
- ↑ "SafeCharge Unit Secures FCA Approval For Providing Payment Services". 2018-01-15. Retrieved 2018-01-17.
Categories
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