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SafeCharge Group

From EverybodyWiki Bios & Wiki



SafeCharge is a global payments technology company that provides omnichannel payment services and fraud prevention solutions. It connects businesses directly to all major payment card schemes like Visa, MasterCard , American Express (AMEX), Union Pay and other local 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..[1][2][3]

History[edit]

SafeCharge was co-founded by Teddy Sagi and current CEO, David Avgi in 2006.[1] [4]

The company began trading on the London Stock Exchange in 2014.[1] At that time, SafeCharge was processing $4.8 billion in annual volume with revenue of $43.18 million.[5] It raised $126 million from public offerings with its IPO pricing which was the second largest IPO.[6] [7] [8]The company acquired CreditGuard [9]and 3V Transaction Services for card issuing activities. [10] [11]

In 2017, SafeCharge announced its expansion to the Asian market via a strategic partnership with 2C2P [12][13] and working with WeChat Pay in London’s Camden market [14][15][16]

In January 2018, the company was authorised as a payment institution by the UK Financial Conduct Authority.[17] [18]

External link[edit]

Company website

References[edit]

  1. 1.0 1.1 1.2 "Teddy Sagi's SafeCharge raises $126m on AIM - Globes English". Globes. Retrieved 2018-05-29.
  2. "Annual Report 2017" (PDF).
  3. "Why I'd buy Safecharge International Group Ltd over Monitise plc". The Motley Fool UK. 2016-12-02. Retrieved 2018-05-29.
  4. ""Playtech founder plans SafeCharge listing"". Financial Times. Retrieved 2018-05-29.
  5. "SafeCharge Three Years After IPO | Payment Consultants and Interim Managers". Payment Consultants and Interim Managers. 2017-06-05. Retrieved 2018-05-29.
  6. "Teddy Sagi's SafeCharge raises $126m on AIM - Globes English". Globes. Retrieved 2018-05-29.
  7. Editorial, Reuters. "Payment company SafeCharge to list on London's AIM". U.K. Retrieved 2018-05-29.
  8. Armstrong, Ashley (2014-03-21). "Demand for Safecharge pushes up IPO valuation". Telegraph. ISSN 0307-1235. Retrieved 2018-05-29.
  9. "Sagi's SafeCharge acquires Israeli co CreditGuard - Globes English". Globes. Retrieved 2018-05-29.
  10. 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 2018-05-29.
  11. "SafeCharge acquires Irish tech firm 3V for €14.5m". The Irish Times. Retrieved 2018-05-29.
  12. "2C2P agrees partnership with SafeCharge". SBC News. 2016-01-05. Retrieved 2018-05-29.
  13. "Singapore's 2C2P in partnership with London's SafeCharge". Digital News Asia. 2016-01-06. Retrieved 2018-05-29.
  14. Finextra (2017-06-15). "SafeCharge brings WeChat Pay to bricks and mortar retailers across Europe". Finextra Research. Retrieved 2018-05-29.
  15. Fitzgerald, Kate. "WeChat partners with SafeCharge for in-store acceptance across Europe". PaymentsSource. Retrieved 2018-05-29.
  16. McNeice, Angus (2017-12-21). "WeChat: Chinese shoppers can open digital wallets in Britain". The Telegraph. ISSN 0307-1235. Retrieved 2018-05-29.
  17. "UK Financial Conduct Authority awards license to SafeCharge - Globes English". Globes. Retrieved 2018-05-29.
  18. Beaudoux, Richard-Maxime. "SafeCharge independent research - Place your bet on this online PSP!" (PDF). Bryan Garnier & Co.


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