Betinvest Set to Scale up in New Deal with Tech Giant OraclePublished May 13, 2019 by Lee R
Oracle is introducing its new Monetization Cloud via a key new deal with Betinvest.
A new agreement struck between gaming solutions provider Betinvest and Oracle seeks to monetize BetInvest's innovative iGaming services through scaling up expansion.
The deal integrates the Oracle Monetization Cloud to support real-time digital wallet management and vital full financial compliance at Betinvest.
The Betinvest Advantage
With Oracle Monetization Cloud technology, Betinvest will be able to offer service partners a single unified system for handling all complex business needs in a manner compliant with
global financial standards.
Betinvest is upgrading a 20-year-old software platform that supports betting on over 80 sports worldwide.
The new technology stands to enhance Betinvest's commitment to innovating high growth areas such as eSports, virtual gaming, mobile gaming and data feeds through its unique capability to scaling in a diverse set of data formats.
With customers long associating the platform with no downtime service, Betinvest has built its brand on the delivery of real-time data and accurate statistics across European, North American, Asian and African clientele.
Betinvest CFO Contexualises
Betinvest Chief Financial Officer Olena Kopeikina emphasized being the advantage of being the first customer:
“As the first client in the gaming industry to use Oracle Monetization Cloud we can provide our global partners with the tools to manage their digital wallet balances in real time and understand all the financial aspects of their high-volume business activities.”
Passing the Benefits
Kopeikina further explained how the benefits would be passed to customers:
“We are integrating Oracle Monetization Cloud into one of our clients’ platforms, which will give them a new, flexible billing system, revenue management capabilities and the ability to manage their players using a single tool. In addition, using a billing system like this will make our partner companies more transparent in dealing with banks and investors.”
Betinvest's integrating of the technology of a household name to increase their transaction volume should be the final piece needed to accelerate Betinvest's scale and expansion.