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Paysafe completes acquisition of PagoEfectivo

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Paysafe enters Arkansas iGaming market with BetSaracen

 

Paysafe, a leading specialized payments platform, announced that it has completed its acquisition of PagoEfectivo, a market-leading, Peruvian-based alternative payments (APM) platform. For Paysafe, the investment gives it a strategic foothold in Latin America, one of the world’s fastest-growing online markets where merchants and consumers alike are demonstrating an increased appetite for alternative payment methods and open banking solutions.  Together with its recently announced plans to acquire SafetyPay, the two Latin American investments position Paysafe as a prominent payments partner in the region.

PagoEfectivo, formerly a subsidiary of Empresa Editora El Comercio S.A., (“Grupo El Comercio”), is a market leader in Latin America in the provision of eCash and open banking payments that enable millions of consumers in the region, many of whom are underbanked, to transact online. Founded in 2009, PagoEfectivo payment options are now also used by consumers in neighboring Ecuador and the company plans to expand into further Latin American countries.  Its solutions are particularly popular with merchants operating in the iGaming, digital goods, travel and eCommerce industries amongst others; closely mirroring the industries in which Paysafe specializes.

The integration process of combining PagoEfectivo with Paysafe’s eCash and Open Banking division under Udo Mueller will now commence with PagoEfectivo CEO, Juan Fernando Villena accepting a new leadership role within the division and the full team transferring over. Once the SafetyPay transaction closes later in the year, the expanded Paysafe eCash business will be able to offer eCash and open banking solutions in over 60 countries with over one million distribution points.

Philip McHugh, Paysafe’s CEO, commented: “This strategic acquisition is a success on many levels for Paysafe. First, it reinforces our strategy of building on our strengths in specialized payments and growing our presence in fast-growing regions.  Second, it allows us to cross-sell more of our leading payments offering, including digital wallets and payment processing services, to an expanded merchant customer base that operates in industries we are very focused on. Third, the addition of Juan Fernando and his team to our eCash division brings us further talent and payments expertise; no doubt about it, PagoEfectivo has an impressive track record for growth, and for possessing the pioneering flair and customer focus that we look for in Paysafe.”

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INSPIRED APPOINTS RAFAEL BRUNACCI AS BUSINESS DEVELOPMENT DIRECTOR LATAM – VIRTUALS

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INSPIRED APPOINTS RAFAEL BRUNACCI AS BUSINESS DEVELOPMENT DIRECTOR LATAM – VIRTUALS

 

Inspired Entertainment, Inc., a leading B2B provider of gaming content, technology, hardware, and services, is pleased to welcome Rafael Brunacci as its new Business Development Director for LATAM – Virtuals. In this strategic role, Mr. Brunacci will lead Inspired’s growth initiatives in Latin America, concentrating on expanding the company’s Virtual Sports footprint and advancing its business across this rapidly growing market.

With a strong background in the iGaming industry, payment services, and eSports, Rafael brings the ideal mix of skills to drive Inspired’s Virtuals business forward in LATAM, with a specific focus on the imminent regulated market opening in Brazil. His leadership will play a key role in enhancing Inspired’s presence and delivering value to both clients and partners across the region.

Most recently, Rafael served as Business Development Manager for LATAM at Oddin.gg, where he championed the integration of eSports solutions across Latin America. His efforts helped build market awareness and educate local stakeholders on best practices, positioning eSports as a high-potential sector within the LATAM betting industry. Rafael’s work was instrumental in establishing strategic partnerships, increasing the adoption of eSports, and solidifying the company’s presence within the region.

Prior to this, he was with CoinsPaid as a Business Development Manager LATAM, delivering Crypto Payment solutions to the iGaming industry. Rafael’s diverse experience also includes roles at Intralinks and Prudential Financial, where he honed his skills in digital transformation and financial market solutions across Latin America.

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“We are delighted to welcome Rafael to the Inspired team,” said Ian Freeman, Chief Commercial Officer – Virtual Sports at Inspired.

“Rafael brings a dynamic blend of experience in the iGaming industry, payment services and eSports, which is instrumental as we expand our Virtual Sports offerings across LATAM. As a native Brazilian, fluent in English, Spanish, and Portuguese, his ability to navigate complex market environments makes him exceptionally qualified to drive growth and engagement in this critical region.”

“I am excited to join Inspired and contribute to the Company’s continued expansion in LATAM,” said Mr. Brunacci. “Inspired’s commitment to innovation in gaming technology aligns perfectly with my background, and I look forward to leveraging my experience to foster growth, support clients, and drive the adoption of Inspired’s Virtual Sports products in the region.”

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21VIRAL Strengthens Senior Sales Team in Latin America

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21VIRAL Strengthens Senior Sales Team in Latin America

 

21VIRAL continues its LatAm senior sales team expansion with Maximilano Ramos appointment.

21VIRAL, the iGaming casino and games aggregation supplier, announced that it had appointed Maximiliano Ramos, an experienced Latin American sales and business development expert, to its growing sales team.

Christoph Härtel, CEO of 21VIRAL, said: “We continue to scale our business throughout Latin America.  Max has over 10 years of experience throughout the region, growing and delivering sustainable B2B products and services in the iGaming supply chain. He has joined our growing team, with operator partners across Latin America at the right time and will further expand our sales pipeline, processes, business development, and customer experience.”

Max Ramos, LatAm Sales Manager, said: “21VIRAL is making a remarkable impact in the flourishing markets of Central and South America, as highlighted by the recent participation at various industry shows during this year. Our committed team is dedicated to addressing our operator customers’ pain points, placing them at the core of our operations. This strategy enables them to rapidly scale their businesses with seamless integrations powered by cutting-edge AI technology and revenue-boosting content from our game providers. I am truly excited about the upcoming months as we onboard and activate new operators and game providers, driving growth and innovation together”.

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GeoLocs Partners with Superbet for Launch in Brazil’s Newly Regulated Online Gaming Market

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GeoLocs Partners with Superbet for Launch in Brazil’s Newly Regulated Online Gaming Market

 

GeoLocs, leading provider of advanced geolocation compliance technology for the regulated online gaming industry, is excited to announce its new partnership with operator Superbet.

Among the most widely recognised betting and gaming brands globally, and renowned for their innovative approach to sports betting and gaming, this collaboration will enhance Superbet’s operations as they enter Brazil’s newly regulated online gaming market, whilst strengthening GeoLocs’ position as the geolocation provider of choice in Latin America and emerging iGaming markets.

GeoLocs brings over 12 years of expertise in geolocation technology, having supported more than a dozen operators enter the Ontario market. This extensive experience positions GeoLocs as an ideal partner for Superbet as they navigate the complexities of compliance and player verification in Brazil.

GeoLocs advanced geolocation technology will provide precise and secure location verification, enabling Superbet to meet strict regulatory requirements while safeguarding their players privacy across Brazil. This seamless integration will offer Superbet’s players a superior user experience on iOS, Android, and mobile web, eliminating the need for additional downloads or companion apps.

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“We are excited to partner with Superbet, as they enter Brazil’s regulated online gaming market,” said Stuart Godfree, Managing Director of GeoLocs. “Our technology, built over 12 years, is designed to meet the demands of emerging markets like Brazil, and we’re committed to helping Superbet deliver a compliant, secure, and user-friendly experience for players.”

“As we prepare to expand on the exciting and highly anticipated Brazilian market with a bespoke and localised gaming portfolio, ensuring the highest levels of compliance and player protection is our top priority,” said Alex Fonseca, CEO Superbet Brazil. “Partnering with GeoLocs allows us to achieve this to the highest standards, leveraging their extensive expertise in geolocation technology to deliver a secure and seamless gaming environment for Brazilian players.”

By partnering with GeoLocs, Superbet will be equipped to ensure accurate verification, fraud prevention, and adherence to local gaming regulations, all while providing a unique and engaging player experience.

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