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SafeCharge

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SafeCharge International is a global payments technology company[1] that provides omnichannel payment services, fraud prevention solutions and connection to 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.[2]

It was co-founded by Teddy Sagi [3]and current CEO, David Avgi in 2006.

The company began trading on the London Stock Exchange in 2014.[3][4] [5] At that time, SafeCharge International was had a revenue of $43.18 million[6], and it raised $126 million [3] from public offerings with its IPO pricing [7]. That was the second largest IPO out of the main Israeli companies [8] going public in 2014. Since the company went public [6][2], its performance shows a steady growth.[9][10]

SafeCharge International expanded to the Asian markets via a strategic partnership with 2C2P [6] in 2017, and working with WeChat Pay[11] in London’s Camden market[12]. The company was authorized as a payment institution by the UK Financial Conduct Authority in 2018.[13]

References

  1. ^ "Digital payments revolution creates buyer's market". bobsguide. Retrieved 2018-07-18.
  2. ^ a b "Why I'd buy Safecharge International Group Ltd over Monitise plc". The Motley Fool UK. 2016-12-02. Retrieved 2018-07-18.
  3. ^ a b c "Teddy Sagi's SafeCharge raises $126m on AIM - Globes". Globes (in Hebrew). Retrieved 2018-07-18.
  4. ^ "Playtech founder plans SafeCharge listing". Financial Times. Retrieved 2018-07-18. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  5. ^ Editorial, Reuters. "Payment company SafeCharge to list on London's AIM". U.K. Retrieved 2018-07-18. {{cite news}}: |first= has generic name (help)
  6. ^ a b c "SafeCharge Three Years After IPO | Payment Consultants and Interim Managers". Payment Consultants and Interim Managers. 2017-06-05. Retrieved 2018-07-18.
  7. ^ Armstrong, Ashley (2014-03-21). "Demand for Safecharge pushes up IPO valuation". The Telegraph. ISSN 0307-1235. Retrieved 2018-07-18.
  8. ^ Armstrong, Ashley (2014-02-11). "Israeli tech start-ups join London IPO wave". ISSN 0307-1235. Retrieved 2018-07-18.
  9. ^ Patterson, Cole (2017-04-13). "With An ROE Of 16.2%, Has SafeCharge International Group Limited's (AIM:SCH) Management Done A Good Job?". Simply Wall St. Retrieved 2018-07-18.
  10. ^ "SafeCharge International - Invest Like Zuckerberg, Not The Wu-Tang Clan". ValueWalk. 2017-03-27. Retrieved 2018-07-18.
  11. ^ "WeChat partners with SafeCharge for in-store acceptance across Europe". PaymentsSource. Retrieved 2018-07-18.
  12. ^ Finextra (2017-06-15). "SafeCharge brings WeChat Pay to bricks and mortar retailers across Europe". Finextra Research. Retrieved 2018-07-18.
  13. ^ "UK Financial Conduct Authority awards license to SafeCharge - Globes". Globes (in Hebrew). Retrieved 2018-07-18.
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