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Tag Archives: FinTech

US – Everi tightens full year 2021 net income and adjusted EBITDA guidance to top of the range

At its investor and analyst presentation in conjunction with the 2021 Global Gaming Expo, Everi Holdings said it now expects that 2021 full year net income will be $90m to $95mand Adjusted EBITDA will be $337m to $342m. Everi had previously expected 2021 full year net income of $87m to $95m and Adjusted EBITDA of…

US – Sightline Payments announces valuation of $1bn

Boosted by the surge in sports betting stateside, Sightline Payments has announced the completion of a $244m round valuing the company at over $1bn. With this capital raise, Sightline becomes Nevada’s first fintech unicorn—one of roughly 700 startups worldwide to ever earn a $1bn+ valuation as a private company. In addition to Cannae Holdings, this…

US – Everi completes $1bn debt refinancing

Everi Holdings has successfully completed the refinancing of its outstanding debt, including closing a seven-year $600m senior secured term loan due 2028 issued at 99.75 per cent of par, a $125m senior secured revolving credit facility due 2026 which was undrawn at closing and the previously announced closing of $400m in aggregate principal amount of…

Malta – Finductive pens agreement for MoneyMatrix Payment Processing Engine

Payments Fintech company Finductive has penned an agreement with Malta-based and EU licensed Financial Institution, MoneyMatrix. Through the newly signed agreement, MoneyMatrix, part of the EveryMatrix Group, will enable Finductive to offer a vast amount of Acquiring Partners through Direct Contracts or Payment Facilitator Models. Finductive is set to launch with MoneyMatrix Payment Processing Engine…

Finland – Finnplay integrates Trustly Group AB payment solution

Finnplay, the Finland-based open gaming platform provider, has signed an agreement with European FinTech company Trustly Group AB to integrate its online payment solutions. Martin Prantner, chief executive officer of Finnplay, commented: “We are delighted to partner with one of Europe’s fastest growing FinTech companies and specialists in the online payments vertical. Our customers expect…