SafeCharge has seen a strong financial performance for the six months ending June 30 2018.
The company has seen processed volume growth of 59 per cent, revenue growth of 26 per cent and an increase of 15 per cent in adjusted EBITDA.
The increase in revenue was, according to the company, driven by new customer wins and expanded relationships with existing customers.
David Avgi, CEO of SafeCharge, said: “I am pleased to report a strong set of results for the first half of 2018. Thanks to intensified marketing efforts and a strengthened sales team, SafeCharge’s robust infrastructure, advanced technology and innovative approach to payments are gaining increased market recognition. This resulted in Tier 1 customer wins and a strong sales pipeline. Significant revenue growth is also being achieved from existing customers who appreciate SafeCharge’s high quality of account management and customer support.
"We are only at the beginning of our journey. Our highly scalable proprietary Payments Engine has been designed to deliver superior performance translating into a better user experience and increased revenues for our customers.”
