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EurAsia

FinteqHub Takes Industry Rising Star 2024 at SiGMA Eurasia Awards

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FinteqHub, a reliable PCI DSS-certified payment gateway solution provider, triumphs at the SiGMA Eurasia Awards in the Industry Rising Star 2024 category. 

Celebrating its first anniversary this February, FinteqHub won its first industrial accolade at the SiGMA Eurasia Awards, showcasing its excellence among the most promising players in the Eurasian iGaming arena.

About four years back, SOFTSWISS made a solid call to develop an in-house payment gateway, now known as FinteqHub. Shifting from relying on third-party solutions was crucial to have control over the payment infrastructure. After about two years of product development, the team was ready to hit the launch button on the first transactions.

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With over 145 talented professionals, each boasting an average of 10 years of tech and consulting experience, FinteqHub tackles various challenges for businesses. FinteqHub simplifies integration for merchants, giving them access to all integrated payment systems. This streamlined process saves time and enhances efficiency. 

FinteqHub covers markets in the EU and Canada, Brazil and India, Australia and New Zealand. Apart from PSP support, the company ensures banking assistance. Primarily working in iGaming and betting domains, FinteqHub is open to partnerships with various businesses beyond the industry.

Vadim Drozd, CEO at FinteqHub, expresses his delight about the victory: “As a young and dynamic company, we appreciate our endeavours are recognised by the industry leaders. The past year has been both interesting and demanding for us. We successfully completed another PCI DSS audit, restructured our application, and revamped our infrastructure to facilitate even faster integration of diverse payment methods. Throughout the year, we integrated around 30 new payment providers. We have set a certain pace, and I’m encouraging the team to keep up the momentum in the coming year as well.”

 

About FinteqHub 

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FinteqHub is a fresh player in the payment solutions market with the core product – PCI DSS-certified payment gateway for online businesses. It started its journey in 2019 and assembled a team of 145+ top-notch professionals with solid legal, financial, and technical expertise. The company is headquartered in Lithuania, with offices in Malta, Poland, and Georgia. FinteqHub makes the management of payment processing transparent, stable, and flexible. 

EurAsia

Fastex Forges Partnership with Olympionic Foundation to Boost Sports Development in Armenia

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Fastex, a rapidly growing force in the web3 ecosystem renowned for its wide range of features including the Fastex Exchange platform, Fastex Pay crypto payment solutions, Fastexverse virtual 3D reality, and the ftNFT Marketplace, is announcing a groundbreaking memorandum of cooperation with the “Olympionic” Sports Charity Foundation.

Supported by the RA Ministry of Education, Science, Culture, and Sports with a commitment to provide technical, advisory, and media assistance, this partnership aims to foster sports excellence and improve living conditions for athletes in the Republic of Armenia.

Under this strategic alliance, Fastex will contribute up to 5 million Fasttokens (FTN) to support athletes who secure top-three finishes in official Olympic, Paralympic, and non-Olympic sports championships, as well as other global and European sports events not featured in the Olympic program, along with their coaches.

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This initiative underscores Fastex’s dedication to encouraging sports success, enhancing athlete competitiveness, and supporting both current and future generations of athletes.

Envisioned to last until 2030, this collaboration reflects Fastex’s commitment to providing a secure, innovative, and regulatory-compliant digital finance environment for users worldwide, while also nurturing the spirit of sportsmanship and achievement within Armenia.

The post Fastex Forges Partnership with Olympionic Foundation to Boost Sports Development in Armenia appeared first on European Gaming Industry News.

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Eastern Europe

SBC Summit Tbilisi 2024 Promises Growth and a Deep-Dive into Eastern Europe & Central Asia

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SBC Summit Tbilisi is poised to reclaim the spotlight on 25-26 June at the Sheraton Grand Tbilisi Metechi Palace, marking its early return after a highly successful inaugural edition in October 2023.

1,500 senior sports betting and iGaming executives will reconvene in the heart of Georgia’s capital, to solidify their foothold in the promising markets of Eastern Europe and Central Asia, while gaining invaluable insights into the nuances that shape industry dynamics.

SBC has once again partnered with SMH to organise SBC Summit Tbilisi, continuing the event’s partnership that began with the SBC Summit CIS in Kyiv in 2021. SMH is an international iGaming and sports management organisation based in Georgia, bringing valuable local knowledge to an event that incorporates unique elements reflective of the vibrant Eastern European and Central Asian markets.

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Lasha Machavariani, Founder and CEO of SMH, said: “I’m thrilled that the SBC Summit Tbilisi is making a comeback to my beautiful home country of Georgia. Witnessing all the engaging conversations and networking that took place last year filled me with pride, affirming that the effort that goes into organising an event of this calibre is absolutely and undoubtedly worthwhile.

“Offering a platform for those keen on Eastern European and Central Asian markets feels not only rewarding but also essential, especially given all the buzz in these markets we’re diving into. If this event wasn’t on your radar yet, now’s the perfect time to start considering it.”

Andrew McCarron, Managing Director at SBC, commented: “Operators, suppliers and affiliates who want to make a mark in the region simply have to attend SBC Summit Tbilisi if they are going to compete successfully. These markets are tricky to thrive in without local knowledge, which is why SBC has partnered with SMH in order to provide the platform for companies to perform effectively.”

Centered on these dynamic regions, the event promises an in-depth exploration of key markets, including Georgia, Romania, Serbia, Bulgaria, Kazakhstan and Slovenia among others, and guarantees to be a melting pot of ideas and strategies tailored for these geographically diverse regions. The conference agenda will focus on trends including the new regulatory landscapes in Eastern Europe and Central Asia, the influence of innovations from crypto to AI, and new developments in eSports, payments, and influencer marketing, among other topics.

Last year, the host country had a strong operator presence during the inaugural summit, with industry leaders like Adjarabet, Betlive, Crocobet, Europebet, Leaderbet, LVBet, Superbet, TotoGaming and Vbet making their mark.

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Past event attendees responded exceptionally well to the inaugural edition of the event. Tereza Tokmajyan, CMO of TotoGaming, called it an ‘excellent opportunity for operators and service providers from the region.’ Dmitry Starostenkov, CEO of EvenBet Gaming, described it as “featuring a very active and representative audience, outstanding topics, and speakers”. Additionally, Vakhtang Mdivani, CPO and Co-Founder of Promofy, praised the event, expressing: “Hosting such an exceptional event in Georgia for the first time and setting the bar so high was truly awesome”.

This year’s show floor is set to be significantly larger, featuring over 60 exhibitors and sponsors, effectively doubling the count from the previous year. Moreover, there is an anticipated 70% growth in the count of operator representatives, and affiliate representatives are poised to experience a 50% increase compared to the figures reported last year.

To cater to the growing interest, this year’s event will expand its agenda, commencing with a half-day conference on the opening day (25 June). This addition brings the total number of featured speakers to 60, marking a significant 50% increase from last year.

The first day will feature a poker tournament followed by the Official Opening Party sponsored by Setanta Sports, taking place at Stamba Hotel. On the second day, a VIP dinner exclusively for C-level executives will be held at the Republic Restaurant, followed by a Closing Party at the Republic Event Hall.

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EurAsia

GR8 Tech Wins Best Online Sportsbook Provider 2024 at SiGMA Eurasia Awards

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GR8 Tech was named the Best Online Sportsbook Provider 2024 at the SiGMA Eurasia Awards ceremony on February 26, highlighting the company’s leadership in the online sportsbook market.

The prestigious award reflects GR8 Tech’s effective strategy and successful delivery of superior financial results for operators in a competitive landscape. Tailored for the evolving needs of the sportsbook industry, the GR8 Sportsbook platform enables operators to achieve and maintain profitable margins quickly, balancing user engagement and earning.

“This award from SiGMA marks an important milestone for GR8 Sportsbook, reinforcing its long-standing market presence and stellar reputation with fresh recognition from the industry. We at GR8 Tech are thrilled to receive this confirmation of our sports betting product value and will continue to develop it and shake up the landscape as the Best Online Sportsbook Provider 2024,” commented Oleksandr Feshchenko, GR8 Tech CRO.

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In addition to the SiGMA Eurasia win, GR8 Tech has recently been shortlisted for Best Online Sportsbook Provider and Best Marketing Campaign categories at the SiGMA Africa Awards.

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