MIÉ 1 DE MAYO DE 2024 - 05:54hs.
Exhibitor and sponsor

Pinbank presents solutions for the betting market debuting at BiS SiGMA Américas

The betting sector is one of the fastest growing in Brazil, generating more than R$120 billion (us$ 23.3bn) annually. With the aim of bringing new possibilities to this universe, Pinbank, a one-stop-provider with a complete ecosystem of financial solutions and tax intelligence, will participate in BiS SiGMA Américas. Debuting as an exhibitor and sponsor, the company will present its portfolio designed to meet the needs of the segment, Pin Bet Solutions.

According to Felipe Negri, CEO of Pinbank, the expectations for participating in BiS SiGMA Americas are high, as it represents "a unique opportunity for networking, showcasing Pinbank's differentiators for the segment, knowledge sharing, and exploring business opportunities."

"After online sports betting was regulated in the country last December, we strategically chose to invest in this sector. Therefore, there is no better environment to establish valuable connections and position ourselves as a trusted partner than this," he says, emphasizing that the company will present its complete portfolio of services for the sector, named Pin Bet Solutions, at the event.

Currently, the company offers solutions for the betting market such as direct PIX, digital accounts, integration of financial services into companies' platforms offering Banking as a Service solutions, foreign exchange operations (eFX), credit card acquiring, among others. The company expects to further develop each of these in 2024.

"Direct PIX services and eFX transactions are examples of how a financial institution can provide significant advantages for the betting sector, including instant fund transfers, cost reduction, global access to different currencies, and flexibility for users," explains Negri.

"Therefore, these are resources that not only meet the needs of bettors but also help companies in the sector accelerate their growth responsibly," he concludes.

Pinbank is a one-stop-provider, with a complete ecosystem of financial solutions and tax intelligence, simplifying the journey of partners to offer financial products and services.

Specializing in offering consultancy and a portfolio of financial products for businesses of all types and sizes, the company offers a white-label platform for various segments, from retail to industry, in addition to PIX and direct acquiring, BaaS, eFx, issuance of credit cards (prepaid and postpaid), and customized credit solutions. Founded in 2009, Pinbank was one of the pioneers in Brazil in the so-called "split," where the institution splits a payment among various parties. Currently, the digital bank has more than 140,000 corporate accounts and clients such as Rappi, Cacau Show, Zigpay, and Ortobom.

Source: GMB