SafeCharge raised $126 million, all proceeds to the company, plans to pay out half of EBITDA in dividends. After successfully pricing its IPO earlier this week, payment processor SafeCharge (LON:SCH) had its first day of trading Wednesday as a public company. After pricing its shares in the IPO at £1.62, SafeCharge shares traded up slightly (by…
Read moreTeddy Sagi's SafeCharge raises $126m on AIM iGaming affiliate XLMedia upsized their IPO last week on the London Alternative Investment Market (AIM). Now it is payment clearing company SafeCharge’s turn. SafeCharge has become one of Europe's leading clearing companies, with a focus, for now at least, on the gaming industry as well as online trading…
Read morePayment processor SafeCharge expects Revenue of $61 million in 2014, EBITDA of $18 million. IPO fever is in the air..... Israel business newspaper Globes reports that payment processor SafeCharge is going to pursue an IPO on the London Stock Exchange's AIM market. SafeCharge is owned 90% by online gaming software magnate Teddy Sagi of Playtech…
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