Loading organizations...
SafeCharge develops comprehensive payment processing technologies, offering businesses a robust platform for online transactions. It provides secure, efficient pay-in and payout solutions, facilitating diverse online payment methods. Its infrastructure supports merchants across international markets, handling global digital payment complexities effectively.
Founded in 2006 by David Avgi and Teddy Sagi, SafeCharge addressed the critical need for reliable online payment services. Their insight focused on building a scalable, secure payment gateway. This technology met the sophisticated demands of global businesses, particularly those with high transaction volumes and complex risk management.
SafeCharge serves businesses requiring intelligent payment solutions to navigate digital transactions. The company's mission empowers clients with essential technology and intelligence to thrive in global online economies. It aims to be a pivotal partner, ensuring seamless, secure financial flows for its diverse merchant base.
Key people at SafeCharge.
SafeCharge was founded in 2006 by Elad Cohen (Founder).
SafeCharge was founded in 2006 by Elad Cohen (Founder).
Key people at SafeCharge.
SafeCharge International Group Limited was a global payments technology company specializing in omni-channel payment services, fraud prevention solutions, and connections to diverse payment methods.[1] It developed the proprietary Native+ Payments Engine, a platform covering the full payment value chain for businesses, particularly in high-volume merchant sectors across Europe, Asia, and Latin America.[1][4][5] SafeCharge served large-scale merchants and enterprises needing scalable payment processing, eKYC tools, and global reach in over 150 currencies and 180 payment types, solving challenges in cross-border transactions, fraud, and payment integration.[1][2][3]
The company demonstrated strong growth through innovation and expansion before its acquisition by Nuvei in 2019 for $889 million, which integrated its technology to create a diversified global payments leader.[2]
SafeCharge, a UK-based fintech with offices in Guernsey, London, China, Italy, Austria, Bulgaria, Israel, and Hong Kong, built its foundation around the industry's first Native+ Payments Engine.[4][5] While specific founding details like the exact year and founders are not detailed in available records, it emerged as a key player in payment processing software, launching innovations such as an automated digital identity (eKYC) solution to enhance business onboarding and compliance.[3]
Pivotal growth came from establishing footholds in international markets, servicing high-revenue merchants, which positioned it for strategic scale-up. This culminated in its 2019 acquisition by Montreal-based Nuvei, blending SafeCharge's global expertise with Nuvei's North American strengths under CEO David Avgi at the time.[2][4]
SafeCharge stood out in the competitive payments landscape through these key strengths:
SafeCharge rode the wave of global digital payments expansion in the late 2010s, capitalizing on e-commerce growth, cross-border trade, and the shift to omni-channel commerce amid rising online fraud.[1][2] Its timing aligned with surging demand for scalable fintech infrastructure in emerging markets like Asia and Latin America, where traditional banking lagged.[2]
Market forces such as regulatory pressures for KYC/AML compliance and the proliferation of alternative payment methods favored its tech stack, influencing the ecosystem by setting benchmarks for native payment engines that competitors like Nuvei later adopted post-acquisition.[2][3][5] This merger accelerated consolidation in paytech, enhancing global fintech resilience and innovation for merchants worldwide.[2]
Post-2019 acquisition, SafeCharge's technology has been fully integrated into Nuvei, evolving into a cornerstone of its global payments platform with expanded scale across 14 countries.[2] Looking ahead, its legacy powers Nuvei's growth in embedded finance and AI-driven fraud tools amid trends like real-time payments and crypto integration.
As paytech consolidates further, SafeCharge's influence endures through Nuvei's dominance, potentially shaping unified global rails for merchants—reinforcing its role from specialized innovator to foundational ecosystem enabler.[2]
