Teddy Sagi is making a comeback in the fintech sector with the launch of a new startup, Pay.com, three years after selling payment solutions company SafeCharge to Nuvei for $889 million.
Pay.com was founded in 2020 by Teddy Sagi, Tom Vaknin, and Assaf Cohen, who joined the venture recently. Cohen worked as VP Sales at Checkout.com and Business Development Manager (BDM) at Payoneer.
Headquartered in London and Cyprus with R&D in Israel, Pay.com has 45 employees and is currently expanding with 5 global offices offering customer service. The company has secured a $100 million line of credit from Tedi Sagi to fund acquisitions.
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Pay.com’s solution, is based on full automation, to provides instant access to payment methods such as PayPal, Apple Pay, Google Pay, Skrill, Klarna, and Paysafecard. In the future the company will add access to hundreds of alternative payment methods (APMs) in the coming days.
Pay.com co-CEOs Tom Vaknin and Assaf Cohen said, “We are revolutionizing the online payments sector and providing a fresh perspective to a usually conservative field. We are actively seeking outstanding individuals that will fit well into the company’s unique and inventive DNA.”
