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Payment processor SafeCharge confirms April IPO

18th March 2014 8:35 am GMT

Online payment processor SafeCharge will proceed with an initial public offering (IPO) in London early next month as the company looks to raise US$100m in new equity capital to drive revenue growth and accelerate its acquisition strategy in the Asia Pacific and Americas regions.

Majority owned by Playtech founder Teddy Sagi, SafeCharge is a leading supplier to European sports betting and gaming operators and also serves merchants in retail securities derivatives and foreign exchange trading [...]

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