Israeli billionaire Teddy Sagi has significantly increased his stake in SafeCharge, a payments and technology company, by investing an additional £13 million.
Through Northernstar Investments Ltd, Sagi now holds a 68.34% stake in the global company. The transaction was confirmed by Sagi’s family office, which also manages his ownership of London’s Camden Market and his founder role at gambling software company Playtech.
Sagi emphasised the strategic importance of SafeCharge, stating, “SafeCharge is an excellent payments and technology company with strong growth potential. It is an important part of our investment strategy and focus.”
SafeCharge is listed on the AIM market of the London Stock Exchange and operates from UK offices in London and Guernsey, alongside international bases in Italy, Austria, Bulgaria, Israel, Hong Kong, Singapore, Netherlands, USA, and Cyprus.
The company is led by co-founder and CEO David Avgi, CFO Tsach Einav, and COO Yuval Ziv. SafeCharge’s client portfolio includes notable names such as taxi firm Gett, Ladbrokes, and Domino’s Pizza.
This significant investment by Sagi underscores the strong growth potential and strategic importance of SafeCharge within the payments and technology sector.