Connect with us

Latest News

Paysafe appoints Chirag Patel to lead its Digital Wallets division

Published

on

Reading Time: 2 minutes

 

Former Santander and Amazon executive brings additional digital payments experience to the Paysafe leadership team

Paysafe, a leading specialized payments platform, today announced it has appointed international payments executive, Chirag Patel, as CEO of its global Digital Wallets business.  Patel will report directly into Group CEO, Philip McHugh, when he joins the company in early September.

Paysafe’s digital wallet solutions, which include Skrill and NETELLER, enable consumers to store, withdraw and make purchases in over 40 currencies from a virtual account as well as buy and sell interests in cryptocurrency and make international money transfers.   They are used by 3.5 million consumers around the world and generated $20.4 billion total payment volume in 2020.

Patel brings over 20 years’ experience of working in payments for high profile, global organisations.  He joins Paysafe from Santander Group where he was Global Head of Payments.  While there, he launched a global payments platform and significantly increased usage of the bank’s payments products and services.  Before Santander, Patel was Amazon’s Head of Payments, Europe and International Expansion, where he was responsible for the company’s product roadmap for emerging payments technologies and international payment expansion.  Before Amazon, he held senior executive roles in payments and financial services for other well-known financial institutions including Softcard (acquired by Google), American Express Services Europe Limited and Merchant Services Group Int.

Philip McHugh, Paysafe’s CEO, commented: “Chirag has an awesome track record as a high-performing payments’ executive and has successfully launched and grown multiple consumer-facing and B2B payments products and services around the world.  I’m thrilled to have someone of his caliber and energy-level to take our Digital Wallets business to the next level of growth.”

Chirag Patel commented: “I am really looking forward to joining the Paysafe team next month and to be given the opportunity to lead its exciting Digital Wallets business.  I believe there is enormous potential to extend the offering to more and more customers given Skrill and NETELLER’s worldwide presence, combined with Paysafe’s great technology and talented team.”

Patel replaces former Digital Wallets CEO, Lorenzo Pellegrino, who is stepping into a strategic advisory role for Skrill Limited.

McHugh added: “I’d like to add my sincere thanks to Lorenzo for the immense passion and drive he has shown over the past 15 years as he launched our digital wallet solutions around the world.  We now offer two of the most popular and sophisticated digital wallet brands on the planet and have strong foundations to continue building on as we grow the business.”

###

Continue Reading
Advertisement

BiS SiGMA Americas

PG Soft Becomes an Official Sponsor of BiS SiGMA Americas 2025

Published

on

pg-soft-becomes-an-official-sponsor-of-bis-sigma-americas-2025

 

PG Soft, a world-class digital mobile games company, has reaffirmed its commitment to the dynamic LatAm market by sponsoring the third edition of BiS SiGMA Americas, running from April 7-10 in São Paulo.

Becoming an official sponsor of BiS SiGMA Americas 2025 reinforces the company’s commitment to the region’s burgeoning iGaming industry.

As part of the sponsorship, PG Soft’s brand will be highly visible at the Registration Desk, where a dedicated Welcome Team will be wearing PG Soft t-shirts. Additionally, PG Soft is putting on free travel to and from the Hilton Morumbi and Transamerica Expo Center, with the potential to add further hotels. Six PG Soft branded buses will be available all-day for delegates that will be signposted with customised pick-up boards.

The show is expected to welcome 18,000 iGaming professionals, offering opportunities to connect with industry peers, prestigious gala awards, and more than 300 expert speakers.

PG Soft’s spokesperson said: “BiS SiGMA Americas is a flagship event on the iGaming calendar, and one we’re very happy to support to heighten the experience for visitors. PG Soft’s brand will feature strongly and we’re delighted to improve transport connections during the show.”

The post PG Soft Becomes an Official Sponsor of BiS SiGMA Americas 2025 appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

AC Milan

AC Milan Announces New Partnership with Reals

Published

on

ac-milan-announces-new-partnership-with-reals

 

AC Milan has announced a new partnership with Reals, a company renowned for its excellence in Brazil’s sports betting and online gaming market, which will become Official Regional Betting Partner of the Rossoneri’s Club in Latin America.

Elected in 2024 as the “Best Sportsbook Operator” in Brazil by SiGMA World – the largest international authority in iGaming – Reals has been consolidating its position in the sector, reinforcing its growing trajectory of ascent. The brand is aligned with the best market practices, presenting sustainable growth based on innovation, strategic partnerships and sports engagement.

This collaboration reinforces AC Milan’s dedication to fostering deeper fan engagement across Latin America. With Reals’ strong foothold in Brazil’s sports betting and online gaming market, this partnership is set to increase AC Milan’s brand visibility and connect with passionate supporters in the region. The synergy between AC Milan’s global ambitions and Reals’ approach promises to create long-lasting impact and enhance the Club’s connection with its Latin American fanbase.

Maikel Oettle, Chief Commercial Officer of AC Milan, said: “We are delighted to have started this collaboration with Reals. This exciting partnership marks an important step in our ongoing efforts to expand AC Milan’s presence worldwide. By working with Reals, we aim to strengthen our connection with a crucial segment of our fanbase in Latin America. This partnership opens up new avenues for fan engagement and interaction, allowing us to bring the Club closer to both our loyal supporters and new fans.”

“Being able to be alongside a Club with such enormous reach and impact as AC Milan is an immense satisfaction. To my knowledge, considering the betting companies created in Brazil and authorized to operate in the country, this is a pioneering and unprecedented international agreement. Through it, Reals takes another important step in consolidating its brand as a reference among the main sponsors in the sports universe and attests to its position as a serious and secure company for bettors,” said Rafael Borges, CEO of Reals.

The post AC Milan Announces New Partnership with Reals appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Jon Clontz

WyoLotto COO Named to National Problem Gambling Committee

Published

on

wyolotto-coo-named-to-national-problem-gambling-committee

 

WyoLotto’s Chief Operations Officer, Robin Medina, has been named to join a national committee to support problem gambling initiatives. The committee is through the National Council on Problem Gambling (NCPG) and will manage the annual selection of nominations and election of the Board of Directors that oversees NCPG.

“Our foundation as a corporation is to manage what we do in a responsible manner for the state of Wyoming. The selection of Robin to this committee demonstrates that we are leading the way nationally when it comes to promoting responsible gambling and raising awareness of problem gambling,” said Jon Clontz, CEO of WyoLotto.

Last year WyoLotto applied for and was accepted to the NCPG and NASPL’s (North American State and Provincial Lotteries) Responsible Gambling Verification Program. WyoLotto’s Responsible Gambling Program includes an in depth plan to ensure the organization honors its commitment to educating players, retailers and the general public about how to gamble responsibly and what to do if gambling becomes a problem for yourself or someone you know.

“Our verification was a major achievement for us, and it is also an achievement for Wyoming. We are now accredited nationally for our efforts to take care of Wyoming when it comes to gambling, and this helps everyone in the state,” Medina said.

“Through these efforts, we have been recognized on a national level, which is why I have been selected for the Nominations and Selection Committee for NCPG. I am very excited and see this as an opportunity to further support our mission,” she added.

The post WyoLotto COO Named to National Problem Gambling Committee appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Trending