CreditGuard
Secure Payment Solutions
Company Overview
Snapshot
Founded in July 1998, CreditGuard operated with 11–50 employees, providing secure payment solutions. The company was acquired by Max in May 2020, leading to its inactive status.
Business overview
CreditGuard, formerly owned by SafeCharge, specializes in providing Payment Card Industry Data Security Standard (PCI DSS) Level 1 payment solutions. The company's core technology offers secured electronic-payment transaction solutions for credit cards, serving financial institutions, government agencies, telecommunication operators, healthcare providers, large enterprises, and SMBs. Its portfolio includes white-label processing platforms, payment gateways, reconciliation solutions, 3DSecured risk monitoring, tokenization, and anti-fraud solutions, operating within the Fintech & Insurtech sector.
Strategic signal
CreditGuard's acquisition by Max in May 2020 for NIS 70 million (approximately $20 million USD at the time) marked a significant consolidation within the payment processing industry. This event signaled a strategic move by Max to expand its payment solution offerings and integrate CreditGuard's PCI DSS Level 1 capabilities, indicating a continued trend of market consolidation and the strategic value of robust payment security technologies.
Log in to access full profile ›Company Intelligence Q&A
- When was CreditGuard acquired by Max?
- CreditGuard was acquired by Max in May 2020.
- What was the reported value of CreditGuard's acquisition by Max?
- Max acquired CreditGuard for NIS 70 million (approximately $20 million USD) in May 2020.
- Who acquired CreditGuard prior to Max?
- CreditGuard was acquired by SafeCharge in December 2014.
- What type of solutions does CreditGuard provide?
- CreditGuard provides Payment Card Industry Data Security Standard (PCI DSS) Level 1 payment solutions, including payment gateways, reconciliation, 3DSecured risk monitoring, tokenization, and anti-fraud solutions.
- Which industries does CreditGuard serve?
- CreditGuard serves financial institutions, government agencies, telecommunication operators, healthcare providers, large enterprises, and SMBs with its secure electronic payment solutions.