OKTO’s U4C authorised by Paraiba Lottery

Home » OKTO’s U4C authorised by Paraiba Lottery

OKTO’s strategic portfolio company, U4C, has been authorised to process payments in the Paraíba Lottery.


The move “further cements the group’s preparedness for the evolving regulatory framework in the betting landscape,” the company said.

OKTO’s country manager for Brazil, Leonardo Chaves, said the company is “well prepared” to navigate a regulated Brazilian market, as it looks to “ensure compliance and responsible practices.”

U4C CEO Tulio Ianni labelled the Paraíba Lottery accreditation a “significant milestone.”

“We look forward to leveraging this authorization to provide excellent payment experiences for the Paraíba Lottery while staying updated with the evolving regulatory landscape,” Ianni added.

U4C is a registered payment institution authorised by the Central Bank.

More about:  GLI makes multiple worldwide promotions

Leave a Reply

Your email address will not be published. Required fields are marked *

Gambling News from NewsCasinoNew.com is made for the most passionate fans of online casinos and internet gambling. We cover everything: from popular gambling world events and trends to new casino slot game releases and reviews, you will find the latest news stories.