Company:SafeCharge International

From HandWiki

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" (in en). http://www.bobsguide.com/guide/news/2018/Jul/17/digital-payments-revolution-creates-buyers-market/. 
  2. 2.0 2.1 "Why I’d buy Safecharge International Group Ltd over Monitise plc" (in en-GB). The Motley Fool UK. 2016-12-02. https://www.fool.co.uk/investing/2016/12/02/why-id-buy-safecharge-international-group-ltd-over-monitise-plc/. 
  3. 3.0 3.1 3.2 "Teddy Sagi's SafeCharge raises $126m on AIM - Globes" (in he). https://en.globes.co.il/en/article-teddy-sagis-safecharge-raises-126m-on-aim-1000928496. 
  4. "Playtech founder plans SafeCharge listing" (in en-GB). https://www.ft.com/content/e62fff1a-a76b-11e3-9c7d-00144feab7de. 
  5. Editorial, Reuters. "Payment company SafeCharge to list on London's AIM" (in en-GB). U.K.. https://uk.reuters.com/article/uk-safecharge-ipo/payment-company-safecharge-to-list-on-londons-aim-idUKBREA2H0AN20140318. 
  6. 6.0 6.1 6.2 "SafeCharge Three Years After IPO | Payment Consultants and Interim Managers" (in en-US). Payment Consultants and Interim Managers. 2017-06-05. https://gropay.com/payments/safecharge-three-years-after-ipo/. 
  7. Armstrong, Ashley (2014-03-21). "Demand for Safecharge pushes up IPO valuation" (in en-GB). The Telegraph. ISSN 0307-1235. https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10714891/Demand-for-Safecharge-pushes-up-IPO-valuation.html. 
  8. Armstrong, Ashley (2014-02-11). "Israeli tech start-ups join London IPO wave" (in en-GB). ISSN 0307-1235. https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10632166/Israeli-tech-start-ups-join-London-IPO-wave.html. 
  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?" (in en-US). Simply Wall St. https://simplywall.st/news/with-an-roe-of-16-2-has-safecharge-international-group-limiteds-aimsch-management-done-a-good-job/. 
  10. "SafeCharge International - Invest Like Zuckerberg, Not The Wu-Tang Clan" (in en-US). ValueWalk. 2017-03-27. https://www.valuewalk.com/2017/03/safecharge-international-facebook/. 
  11. "WeChat partners with SafeCharge for in-store acceptance across Europe" (in en). PaymentsSource. https://www.paymentssource.com/news/wechat-partners-with-safecharge-for-in-store-acceptance-across-europe. 
  12. Finextra (2017-06-15). "SafeCharge brings WeChat Pay to bricks and mortar retailers across Europe" (in en). Finextra Research. https://www.finextra.com/pressarticle/69661/safecharge-brings-wechat-pay-to-bricks-and-mortar-retailers-across-europe. 
  13. "UK Financial Conduct Authority awards license to SafeCharge - Globes" (in he). https://en.globes.co.il/en/article-safecharge-awarded-license-by-uks-financial-conduct-authority-1001219852.