Daily fantasy sports (DFS) operator Sportito has strengthened its expansion in Europe by acquiring a gambling licence from the Malta Gaming Authority.
Payment technology provider SafeCharge has announced that Tsach Einav has been appointed as group chief financial officer, replacing Tim Mickley, effective September 1.
Sportito CEO Riccardo Mittiga says the company’s newly-formed partnership with SafeCharge will improve the deposits and withdrawal process and make life easier for its customers.
After a short-selling attack in December, the payments firm has seen its share price recover ground as it shows revenues and growth on the up.
Playtech’s share price might have reacted badly to the news that majority shareholder Teddy Sagi is selling down a third of his holding but the over-subscription shows investor appetite.
Chief executive David Avgi said SafeCharge is looking ahead to 2016 with “confidence and optimism” after double-digit growth last year.
David Avgi, the chief executive of SafeCharge, has paid tribute to the firm’s ongoing product development strategy after the payment solutions provider was able to post significant growth across key financials during the six months through to June 30.
SafeCharge has announced a “strategically significant” acquisition of 3V Transaction Services, with the technology company set to play a central role in the payment services provider’s new Issuing Division.
SafeCharge has struck a deal to acquire rival payment services provider CreditGuard in a move that will further strengthen its presence in the online payments sector.
SafeCharge, the payment service provider, has raised $125m from its initial public offering according to the Financial times newspaper. The figure is 25 percent more than it initially expected from the offering, Shares in the company will begin trading today with a market capitalisation of $400m...