OKTO Company Profile

Background

Overview

OKTO is a next-generation Payment Service Provider (PSP) specializing in digital payment solutions for merchants operating in complex and highly regulated eCommerce sectors, with a primary focus on the iGaming industry. Founded in 2019, the company has rapidly established itself as a leader in the fintech space, offering a unified payment platform that integrates multiple payment methods, including proprietary solutions, to enable instant and frictionless pay-ins and payouts.

Mission and Vision

OKTO's mission is to empower merchants by transforming payments into strategic advantages, thereby enhancing operational efficiency, boosting conversion and acceptance rates, and managing risk through tailored, scalable, compliance-first solutions. The company's vision is to become the most trusted high-performance payment service provider in the world's most complex and demanding digital commerce sectors.

Industry Significance

Operating in the fintech industry, OKTO addresses the inefficiencies and security concerns associated with traditional payment systems by providing seamless, mobile-first digital payment solutions. Its services are particularly impactful in the entertainment, leisure, and gaming industries, where secure and efficient payment processing is crucial.

Key Strategic Focus

Core Objectives

Global Expansion: OKTO aims to expand its market presence in high-growth sectors and new global regions, enhancing its suite of payment solutions and forging strategic partnerships.

Innovation and Technology: The company focuses on leveraging cutting-edge technology, including AI-driven capabilities, to stay ahead in the evolving digital economy.

Areas of Specialization

Digital Payments: OKTO specializes in providing digital payment solutions that are secure, intelligent, and resilient, catering to the unique needs of merchants in the iGaming, digital content, and digital trading sectors.

Compliance and Security: The company emphasizes compliance with regulatory standards and the implementation of robust security measures to ensure trust and reliability in its payment solutions.

Key Technologies Utilized

AI-Driven Payment Solutions: OKTO integrates AI into its payment platform to deliver real-time, secure, and personalized payment experiences, particularly in industries like iGaming and fintech.

Unified Payment Platform: The company's platform consolidates multiple payment methods, including proprietary solutions, to facilitate instant and frictionless transactions.

Primary Markets Targeted

iGaming Industry: OKTO has a significant presence in the iGaming sector, partnering with operators to provide seamless payment solutions.

Digital Content and Digital Trading: The company also serves merchants in the digital content and digital trading sectors, offering tailored payment solutions to meet their specific needs.

Financials and Funding

Total Funds Raised

OKTO has raised a total of $5 million in funding.

Recent Funding Rounds

The company secured $5 million in recent funding, which has been instrumental in supporting its growth and expansion initiatives.

Notable Investors

Specific details about individual investors are not publicly disclosed.

Utilization of Capital

The raised capital has been utilized to enhance OKTO's payment solutions, expand its market presence, and support strategic partnerships, particularly in the iGaming sector.

Pipeline Development

Key Pipeline Candidates

OKTO's pipeline includes the development of advanced payment solutions tailored for the iGaming industry, focusing on enhancing user experience and operational efficiency.

Stages of Development

The company is in the advanced stages of developing and deploying its payment solutions across various markets, with a particular emphasis on the iGaming sector.

Target Conditions

OKTO's solutions are designed to address the unique challenges of the iGaming industry, including regulatory compliance, security, and user experience.

Anticipated Milestones

The company anticipates achieving significant milestones in expanding its market presence and enhancing its payment solutions in the coming years.

Technological Platform and Innovation

Proprietary Technologies

OKTO.WALLET: A licensed, compliant, open-loop cashless solution that allows users to interact fully cashless across the entire gaming and betting ecosystem, including AGCs, Bingo Clubs, Casinos, Licensed Betting Offices, Pubs and Bars, as well as online platforms.

Significant Scientific Methods

AI Integration: OKTO integrates AI into its payment platform to deliver real-time, secure, and personalized payment experiences, particularly in industries like iGaming and fintech.

Leadership Team

Edward Chandler – Group Chief Executive Officer

Professional Background: With over 30 years of experience in the payments and fintech sectors, Edward has held senior leadership roles at Visa, Mastercard, Barclays, Tesco Bank, eNett, and Kalixa (PxP Financial).

Key Contributions: As CEO, Edward focuses on expanding OKTO's global footprint, enhancing its suite of payment solutions, and forging strategic partnerships.

Filippos Antonopoulos – Founder & Executive Chairman

Professional Background: Founder of OKTO, Filippos has been instrumental in shaping the company's vision and strategic direction.

Key Contributions: Transitioned to the role of Executive Chairman, continuing to guide the company's strategic initiatives.

Leonardo Chaves – CEO LatAm

Professional Background: Leonardo has extensive experience in the payments industry, particularly in the Latin American market.

Key Contributions: Oversees OKTO's operations and strategic initiatives in the Latin American region.

Thomas Georgopoulos – Chief Operations Officer

Professional Background: Thomas has a strong background in operations management within the fintech sector.

Key Contributions: Manages OKTO's operational strategies to ensure efficient service delivery.

Fotis Psindridis – Chief Financial Officer

Professional Background: Fotis brings extensive financial expertise to OKTO, with a focus on fintech companies.

Key Contributions: Oversees the company's financial strategies and operations.

Thalia Siamani – Chief Legal & Compliance Officer

Professional Background: Thalia has a robust background in legal and compliance matters within the fintech industry.

Key Contributions: Ensures OKTO's operations adhere to legal and regulatory standards.

Diana Theodoridi – Chief Marketing Officer

Professional Background: Diana has a strong background in marketing within the fintech sector.

Key Contributions: Leads OKTO's marketing strategies to enhance brand presence and customer engagement.

Michael Vogiatzis – Chief Technology Officer

Professional Background: Michael has extensive experience in technology and product development within the fintech industry.

Key Contributions: Oversees the technological development and innovation strategies at OKTO.

Leadership Changes

In April 2025, OKTO appointed Edward Chandler as the new Group Chief Executive Officer, succeeding founder Filippos Antonopoulos, who transitioned to the role of Executive Chairman. This leadership change aims to drive global growth and innovation, aligning with OKTO's 2030 vision.

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