Tag Archives: OKTO

OKTO has announced that its strategic portfolio company U4C has been authorised to process payments in Brazil’s Paraiba Lottery. The move demonstrates the multinational payments provider’s preparation for the evolving regulatory framework in the local betting landscape, expanding its footprint in the Brazilian market as well as strengthening its position across diverse sectors. Signed into law just before New Year …

OKTO has formed a wide-reaching international agreement with gaming systems platform Modulus. In its latest move in the international gambling sector, OKTO’s core areas of focus in the deal will be Europe and Latin America, with the latter region high on the company’s agenda for 2024 as Brazil finalises the regulations for a nationwide betting market. Specifics of the deal …

Since President Inácio Lula da Silva put pen to paper on Brazil’s sports betting bill at the end of 2023, talk about the Latin American opportunity has boomed into the stratosphere.  But while Brazil is making headlines for positive legislative developments, the wider Latin American region offers a massive opportunity for operators and suppliers alike. There has been burgeoning interest …

Betsson Group has formed a partnership with Greek fintech company OKTO. As one of the most prominent names in the Greek igaming space, the Sweden-based multinational betting operator will integrate the OKTO.CASH cash-to-digital payment method. Betsson will leverage OKTO.CASH’s network of over 13,000 points of sale across Greece, with the solution designed to meet local market requirements and provide ‘a …

“There’s been a shift, but for the last year there has been a lot of insecurity within the operator space.” This began a recent deep-dive into the Brazilian and LatAm market in general as OKTO Commercial Director, Galina Bineva, adopted a Latin American focus during a recent sit down with SBC Media. Despite a plethora of global jurisdictions being on …

Payments provider OKTO has extended its reach in the Italian igaming sector via a newly signed partnership with Macao Win. The agreement will roll out the company’s cash-to-digital payment solution, OKTO.PVR, in Italy for the first time, building on previous moves the firm has made in the market. In the context of changing regulations in Italy, OKTO is confident that …

OKTO has signed a contract with Italian B2B gambling software group Exalogic, further expanding its reach across the European betting and gaming sector. The payments provider will take two solutions live to the Italian market via the partnership, its flagship OKTO.CASH product as well as the newly developed OKTO.PVR offering, which has been tailored to the Italian Punto Vendita Ricariche …

Germany’s Gluecksspiel (GGL) betting and gaming regulator has approved OKTO’s e-wallet solution, enabling the firm to deliver its products to the market’s operators. The German market entry is part of OKTO’s pan-European expansion, with plans to offer a frictionless, mobile-first and phygital payment process to operators in the country. OKTO added that it had to ensure its offering was designed …

Superbet has become the latest Romanian betting firm to partner with OKTO, incorporating the fintech firm’s omnichannel payments solution.  The operator has integrated OKTO’s platform across its retail and online channels to create ‘digital payment experiences’ for its customers, in particular highlighting the adoption of the OKTO.WALLET solution in self-service betting terminals.  This has been completed across 1,000 points of …