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SafeCharge announces strong H1 2018 results, new tier 1 customer wins, and continued investments to further accelerate its growth

SafeCharge announces strong H1 2018 results, new tier 1 customer wins, and continued investments to further accelerate its growth

Today, SafeCharge, the partner of choice for businesses who demand more from payments technology, announced strong H1 2018 results, which served as a testament to its best-in-class global payment services and innovative approach to payment processing.

With growth driven by new, high-level customer wins and existing clients’ growth, a key highlight of SafeCharge’s interim results included the value of processed transactions rising 59% year-on-year to US $6.7 billion.

SafeCharge’s success stems from its innovative offering, with one of the industry’s first Native+ Payments Engine, which is built from the ground up to cover the full payment value chain and provide merchants with an end-to-end secure payment solution, as well as connections to many other providers in the market. SafeCharge’s vision is to put businesses in control of payments by granting them the ability to highly customise their acquiring routing, risk management and local payment methods acceptance, all from one platform.

The interim period has seen impressive accelerated entry into new markets and verticals, driven by new Tier 1 customer wins such as global ride sharing company Gett, online retail platform The Level Group, online ecommerce platform Global-e, national Danish gaming operator Danske Spil, and Italian licensed gaming operator Snai.

“I am pleased to report a strong set of results for the first half of 2018,” explained David Avgi, CEO of SafeCharge. “Thanks to intensified marketing efforts and a strengthened sales team, SafeCharge’s robust infrastructure, advanced technology and innovative approach to payments are gaining increased market recognition. This resulted in Tier 1 customer wins and a strong sales pipeline.”

“We are only at the beginning of our journey,” continued Avgi. “Our highly scalable proprietary Payments Engine has been designed to deliver superior performance translating into a better user experience and increased revenues for our customers.”

To view the full financial press release of the H1 2018 results, please click here.

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