Pay4Fun, the first payment institution operating in the sports betting sector, to be authorized by the Central Bank, will be one of the protagonists of the Mercosul iGaming Summit 2024, which will take place this Friday, December 5th.
The event, considered one of the most relevant in the sector, will bring together national and international players in the iGaming market, experts, public and private leaders. Senior executives and industry operators will also be present.
Panel on money laundering
The company will participate in the panel “Gambling, money laundering and tax evasion: myth or reality?”, scheduled at 11 am. In this way, the discussion promises to provide an analysis of the importance of compliance and transparency in the market.
Therefore, the focus of the lecture will be preventive practices against money laundering and tax evasion. In other words, the panel reinforces the company’s position as a pioneer in secure and regulated payment solutions, essential for the sustainable development of the sector.
Thus, for Leonardo Baptista, CEO and co-founder of Pay4Fun, participation in the event reflects the company’s commitment to strengthening the betting market in Brazil.
“Discussing regulation and safety in the sector is essential at a time of accelerated expansion. Therefore, we want to collaborate to create an honest business environment, where transparency and responsibility are fundamental pillars for the growth of responsible gaming.”
The Mercosul iGaming Summit 2024 will be the stage for debates on the main challenges and opportunities related to the legalization and regulation of betting in Brazil. Furthermore, the event aims to:
- encourage the exchange of experiences
- open paths to new business opportunities
This is important because it is a market that is in the spotlight, both in Brazil and internationally.
About Pay4Fun
Founded in 2018, Pay4Fun is the first payment institution dedicated to the sports betting sector to receive authorization from the Central Bank of Brazil. Operating with more than 400 integrated websites in the entertainment segment, the company reached the mark of R$2.4 billion in financial transactions in 2022.
The company was considered the Best Payment Method for Latin America in the awards promoted by SAGSE 2022 and chosen as the Best Payment Method at the Brazilian iGaming Awards.
In 2023, the company won the RA 1,000 seal, from Reclame Aqui, and 3rd position as the best financial service company to work for in GPTW.
