Greece-headquartered payments group Okto is targeting expansion in the North American gaming market after acquiring Flexia Payments.
Okto said the incorporation of the Las Vegas-based fintech business will enhance its cashless and omnichannel payments offering. Flexia’s existing partners include WinSystems, Axes Information Management Systems and CasinoTrac.
The enlarged payments group will work with US retail and gaming venues to develop full digitalisation of customer experience. This will cut across gaming and non-gaming activities.
With offices in five European countries and Brazil, the move for Flexia gives Okto a base in the US market.
“This acquisition aims to place Okto at the forefront of digital payment services provision in the North American land-based and online gaming markets via its omnichannel offering,” said Theo Engelis, Okto’s vice-president of North America. “This marks a significant enhancement for both companies and aligns with our ongoing cashless strategy in..