OKTO inks partnership with Italian Digital Hub Foundation

The digital payments solutions provider, powering the leisure, gaming and entertainment sectors, OKTO, announced it inked a new important partnership with the foundation focused on boosting the digital landscape in Italy, the Italian Digital Hub Foundation (IDH). Announced last week, the collaboration reaffirms a mutual commitment the two organizations share that seeks to transform the digital payment sector and help implement innovative e-money services.

The deal with IDH complements OKTO's commitment to ensuring compliance with the established regulations. At the same time, the collaboration reaffirms its engagement with local authorities and allows the company to engage with new customers. Delivering state-of-the-art payment services, OKTO offers efficient, compliant and secure solutions.

Collaborating with IDH will see OKTO engage in different initiatives that seek to propel the digital transformation in Italy and improve the payment landscape. Such initiatives are expected to include conferences, conventions and round tables, among other important activations.

Maurizio Pimpinella, IDH's President, was delighted about the latest deal with OKTO. "We warmly welcome OKTO to our Foundation. OKTO’s commitment to compliance and innovation is in line with our commitment to promote digital innovation in Italy, in the Paytech and Fintech landscape," he explained in a statement. Finally, Pimpinella pointed out: "We look forward to an increasingly close collaboration of OKTO with all our members to promote the development of the digital ecosystem and payments in the Italian market."

Francesco Crudo, OKTO's Director of Corporate Development and Regulatory Affairs in Italy, shared the excitement of IDH's President. "We’re thrilled to join IDH, a prestigious foundation dedicated to enhancing Italy’s digital landscape," he added. Finally, Crudo revealed: "OKTO remains committed to upholding the most stringent regulatory standards and working closely with local authorities to deliver innovative, secure, and efficient payment solutions to our valued merchant partners."

Renowned as a leading innovator in the payment vertical, OKTO was founded back in 2019. Since then, the company has been growing steadily, expanding its presence in the iGaming and retail gambling sector by delivering efficient, frictionless and effective solutions.

Since its foundation, OKTO has been able to accumulate significant knowledge and vital experience, making it a perfect partner for a wide range of gambling operators across the globe. Currently, OKTO has a growing team of more than 100 experts, including software engineers, gaming insiders and payment veterans. The company provides its services to operators within strategic jurisdictions across the globe, including Germany, the UK, Spain and Brazil, among others.

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