Payments technology provider SafeCharge achieved record revenues and transaction processing volumes in the final quarter of last year, with the latter topping US$1bn for the first time in December.

SafeCharge

In a trading update, the board cited robust current trading, a strong sales pipeline and a set of new clients set to join the platform as foundations for confidence looking ahead through the 2018 financial year.

SafeCharge’s overall revenues were between US$111-112 during the whole of 2017, with adjusted EBITDA in the range of US$33-34m in line with market expectations.

With Q4 2017 following on from a strong Q3, the company expects the full-year dividend will total 75 per cent of adjusted EBITDA for the period.