SCCG Management, a global leader in iGaming and sports betting advisory, has announced a new sponsorship partnership with Connectika, an innovator in the field of payment solutions in Brazil. This partnership represents a significant step forward in SCCG’s expanding presence in the Brazilian market, complementing existing relationships with partners such as Versus FC and Abadala Advogados.
Connectika’s collaboration with Bexs Bank (Ebury Bank Brazil) positions it as a key facilitator for international companies entering Brazil’s financial sector, especially within the regulated realms of sports betting and iGaming. Their team’s experience with leading financial institutions offers essential insights into the complexities of Brazil’s regulatory environment. This partnership enables cross-border entities to access personalized Non-Resident Bank accounts, while using their own local PIX Key, which significantly reducing operational expenses and fiscal impacts on Net Gaming Revenue. For Tier A operators, Connectika provides a unique offering, tailoring financial solutions that streamline market penetration and cater to the specific demands of industry leaders.
Stephen Crystal, Founder & CEO of SCCG Management, said: “Our partnership with Connectika is a landmark moment in our Brazilian expansion. Connectika’s proficiency in integrating essential local payment methods and facilitating strategic partnerships aligns perfectly with our vision. We are excited to leverage our extensive client partner ecosystem to support business development and distribution for Connectika in this vibrant market.”
Saar Alfia, Founder and Managing Director of Connectika, said: “The evolving Brazilian market has brought Connectika and our local financial partners to conceive solutions outside the box while maintaining regulation, innovation, creativity, and uniqueness that enable international companies to remain global while enjoying local considerations in Brazil. We are excited about the new partnership with SCCG Management, and we look forward to proceeding with the transformative impact it will have on the industry.”
The collaboration with Connectika is set to enhance SCCG’s ability to navigate the complexities of the Brazilian financial environment, especially in integrating local payment methods like PIX and Boleto. Connectika’s approach aligns with the preferences of Brazilian consumers, ensuring seamless market entry and compliance for SCCG’s clients.
As SCCG continues to grow its footprint in Brazil, this partnership with Connectika is poised to create new opportunities and foster significant growth in the region. Both entities are committed to leveraging their collective expertise to benefit clients and pave the way for future successes in the Brazilian market.