Geolocation Specialist Geocomply introduced new acquisitions to strengthen its enterprise.Based on the announcement, the corporate acquired One Complya provider of complete options to assist playing operators in regulated jurisdictions handle their obligations.
Trendy iGaming is a dynamic and ever-evolving panorama that may be very tough for companies to navigate. Every area has its personal set of laws, and as extra markets regulate on-line gaming, sustaining compliance turns into an more and more tough process.
Fortunately, OneComply’s platform offers all the pieces an organization wants to make sure compliance. Because of the corporate’s options, operators can automate compliance, save time and assets, and stop potential fines.
GeoComply already makes use of OneComply’s providers and is absolutely conscious of the benefits and strengths of the platform. The acquisition of OneComply will allow GeoComply to supply its prospects a various set of compliance specialist instruments and options. OneComply’s portfolio contains quite a lot of instruments that cowl your entire licensing course of, from software to ongoing compliance administration.
GeoComply Welcomes OneComply to the Household
GeoComply, which serves many corporations within the gaming and monetary know-how sectors, could be very happy with the brand new acquisition. Anna Sainsbury, the CEO of GeoComply stated all interactions with OneComply to date have been constructive. As such, the geolocation professional is thrilled to welcome a brand new subsidiary to his GeoComply household.
Granting licenses to organizations and key people is important, however could be a cumbersome course of for all entities working in regulated industries corresponding to gaming and fintech. As an present OneComply buyer, we all know how a lot OneComply makes that ache simpler, not only for us, however for the regulators who handle the method.
Anna Sainsbury, GeoComply CEO
Sainsbury stated the inclusion of OneComply’s licensing platform in GeoComply’s portfolio will allow GeoComply to assist its prospects keep their gold normal for compliance and threat providers.
She concluded that OneComply’s huge data of regulatory points enhances GeoComply’s data of geolocation, serving to each corporations meet the wants of the playing sector and different regulated industries.
Cameron KongCo-founder and CEO of OneComply additionally expressed his ideas on the M&A deal. He acknowledged that GeoComply has at all times been an inspiration for him and for his OneComply co-founder Aaron Gould. Because of this, the 2 are “extraordinarily excited” to hitch his wider GeoComply staff.
We’re assured that we will broaden and improve our world-class compliance and licensing options for regulated industries worldwide.
OneComply co-founder and CEO Cameron Conn stated:
GeoComply and OneComply didn’t disclose the monetary features of the deal.
