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ProntoPaga invests $2.5m to enter Argentina’s online gambling payments market

Funding

Chilean fintech ProntoPaga announced its entry into Argentina with an initial investment of $2.5m. The company said the funding will support local technology infrastructure, a specialist team and adaptation to regulatory requirements; it plans to use a transaction-queuing system to manage payment interruptions.

The investment supports local infrastructure and regulatory adaptation as ProntoPaga enters Argentina’s online gambling payments market.

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Funding

OHID awards gambling harms groups more than £9.4m in UK funding

The Office for Health Improvement and Disparities awarded more than £9.4m to gambling harms organisations in the UK, according to a report. Recipients include Gambling with Lives, Gamban, GamLearn, Chapter One and Beacon Counselling Trust; the funding page puts total provision through 2028 at £39.7m.

The Office for Health Improvement and Disparities (OHID) has awarded more than £9.4m to gambling harms groups, following legal challenges to earlier funding decisions, according to the report.

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