BVI group moves to Guernsey

SafeCharge International Group Limited, an international provider of payments services, technologies and risk management solutions to online and mobile businesses, has successfully moved from the British Virgin Islands to Guernsey, with capitalization of about £400 million. Redomiciliation was completed on 30 October, motivated by several factors. One of the main reasons is Guernsey being a base jurisdiction for a number of funds and companies listed on the London Stock Exchange, and its good position for possible future move to the Main Market.

The group has operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland, a diversified, blue chip client base and is a trusted payment partner for customers from various e-commerce verticals.

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