Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million

(Reuters) – U.S. payments technology firm Nuvei Corp said it would buy safecharge international group Ltd in an all-cash deal valued at $889 million to expand in the fast-growing electronic payments industry. The companies said SafeCharge shareholders would receive $5.55 in cash for each share held.

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SafeCharge is the payment service partner for the world’s most demanding businesses. SafeCharge provides global omni-channel payments services from card acquiring and issuance to payment processing and checkout, all underpinned by advanced risk management solutions.. payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million.

Nuvei has agreed to purchase Teddy Sagi-owned SafeCharge in the latest major deal in payment solutions sector. US payments technology firm Nuvei Corp. has made an all-cash offer to buy British online payment processing company SafeCharge International Group Ltd. amid a massive wave of consolidation in the sector.

Payments tech firm Nuvei to buy Britain’s SafeCharge for $889 million May 22, 2019 Externally Sourced (Reuters) – U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd in an all-cash deal valued at $889 million to expand in the fast-growing electronic payments industry.

Payment processor Nuvei Technologies plans to buy Britain’s SafeCharge International Group Ltd. in an all-cash deal valued at $889 million, Reuters reported. Nuvei formerly was known as Pivotal Payments but rebranded itself last October.

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U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd in an all-cash deal valued at $889 million to expand in the fast-growing electronic payments industry.

The tie-up between Trustly and PayWithMyBank follows the recent announcement that US payments tech firm Nuvei Corp had made an all-cash offer to buy payment processing company SafeCharge International Group as the consolidation wave sweeping through the payments sector. nuvei has agreed to pay $889 million in cash for SafeCharge,

View SafeCharge International Group Ltd stock profile overview, company profile includes total employees, company financial synopsis, address and web links.. Payments tech firm Nuvei to buy.

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