SafeCharge shares soar to post IPO high ahead of Q2 results release
Up 3.5% on Tuesday and 34% from its March IPO price, the provider of payment services to the Forex and Binary options sectors sees its market cap top $500 million.
Read moreUp 3.5% on Tuesday and 34% from its March IPO price, the provider of payment services to the Forex and Binary options sectors sees its market cap top $500 million.
Read moreIt hasn't really released any earth-shattering (or financial) news since going public in a $126 million IPO at the end of March, but stock market investors seem to finally be warming up to PSP (payments service provider) company SafeCharge. SafeCharge is an important services provider to companies in the Forex, Binary and iGaming industries, helping…
Read moreMarimedia, as well as larger rival Matomy, have several Forex industry clients, among both brokers / advertisers as well as publishers / website owners.
Read moreSafeCharge 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…
Read more