SafeCharge

Company Overview

Snapshot

Founded in January 2007, SafeCharge operated with 51–200 employees and raised a total of $125 million across one funding round. The company was acquired by Nuvei in May 2019, marking a significant exit in the fintech sector.

Business overview

SafeCharge, now a Nuvei company, provides payment services designed to help merchants expand their operations globally through a single integration. Its core technology offers global omni-channel payment processing, including card acquiring and checkout solutions, supported by advanced risk management. The proprietary platform connects with major card schemes such as Visa and Mastercard, alongside over 300 local payment methods. SafeCharge serves a diverse client base across various vertical markets, operating within the Fintech & Insurtech sector.

Strategic signal

In February 2020, SafeCharge, as a Nuvei company, expanded its reach into new European markets through a partnership with Fortuna Entertainment Group. This move signals continued strategic growth and market penetration post-acquisition, leveraging its payment solutions to support international expansion for major entertainment groups.

Company Intelligence Q&A

What was a significant acquisition involving SafeCharge?

SafeCharge was acquired by Nuvei in May 2019, with the deal valued at $889 million, as reported by Reuters.

When did SafeCharge complete its delisting from the stock exchange?

SafeCharge completed its delisting from AIM in October 2019, following its acquisition by Nuvei.

Did SafeCharge make any acquisitions prior to being acquired?

In December 2014, SafeCharge acquired the Israeli company CreditGuard.

What was a key partnership for SafeCharge in 2018?

In October 2018, SafeCharge partnered with World Duty Free to enable WeChat Pay in-store at London Heathrow Airport.

What was SafeCharge's IPO status?

SafeCharge conducted an Initial Public Offering (IPO) on AIM in April 2014, raising $125 million and achieving a valuation of $400 million.