LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
SafeCharge International Group Ltd (LON:SCH), the expert in payment solutions provision for the online trading and gaming sectors, earlier today struck an upbeat note about its performance in the first half of 2015.
“The Directors are pleased with trading in the period which has seen strong year-on-year growth”, the company stated in an update.
It attributed its rosy outlook to the strong operational achievements in the six-month period, including several launches of new services following earlier acquisitions. The products with both VISA and MasterCard are now live and SafeCharge expects them to strengthen its earnings from 2016. This is a substantial milestone in the development of the business, which leverages the Principal Memberships of VISA and MasterCard.
SafeCharge added that its business pipeline is strong, with many new clients, from both core and new market sectors. The Directors remain very confident for the full year 2015.
We will know more after the company reports its metrics for the first six months of the year. The announcement is scheduled for September 16, 2015.
The first half of 2014 was very robust for SafeCharge, with revenues reaching $34.4 million, up 77% from the previous year. We are curious to find out more details on how this year’s achievements would compare with those.
To view the official announcement by SafeCharge, click here.