iugu joins IBIA payment providers forum for Brazil betting market
Brazilian financial infrastructure company iugu said it has joined the International Betting Integrity Association’s Payment Providers Forum. The initiative asks participating payment firms to commit to integrity, transparency and monitoring practices intended to protect sports betting from financial fraud linked to competition manipulation. Brazil’s Secretariat of Prizes and Betting said 17.7 million people placed bets on sites and apps in the first half of 2025.
The forum adds a payment provider to an initiative focused on integrity practices in Brazil’s regulated betting market.