OKTO, a Scale Up Cohort 1 member, simplifies payments for the entertainment, leisure, and gaming industries by allowing people to pay directly through their mobile phones, without needing cash or credit cards. Instead of dealing with physical money or card swipes, customers can make instant payments using their phones, making transactions quicker and more convenient for both businesses and users.

For example, if users are at a gaming arcade or a leisure park, instead of pulling out cash or waiting for card payments, they can use OKTO's app to pay instantly. The platform is highly reliable, with nearly 100% uptime, meaning payments happen smoothly without interruptions. OKTO also customizes its payment system to fit different types of businesses, ensuring the best experience for both customers and companies across multiple countries.

OKTO has partnered with Microgame to streamline payments across Italy's PVR market. Through the integration of OKTO.WALLET, Microgame’s operator partners can now offer users a compliant, efficient, and secure payment solution aligned with the latest Italian PVR decree. With $5 million in recent funding, OKTO is growing and expanding into new markets.

OKTO in Three:

What problem is OKTO solving? OKTO addresses the inefficiencies and security concerns of traditional payment systems by providing a seamless, mobile-first digital payment solution.

What’s innovative about OKTO? OKTO offers real-time, cashless payments with high-security standards, tailored specifically for the entertainment, leisure, and gaming industries.

Who can use OKTO? Businesses in the entertainment, leisure, and gaming sectors, as well as customers seeking secure and convenient mobile payment options.

What excites us about OKTO is its disruptive technology that is transforming traditional payment systems in the entertainment, leisure, and gaming industries. Their innovative solutions are providing customers with more efficient, secure, and convenient payment options, while also reducing payment-related issues such as fraud. This is aligned with the Endeavor mission of supporting high-impact entrepreneurs who are driving innovation and growth in their respective industries. As an investor, we believe in OKTO's mission to revolutionize payment systems, and we are excited to support their growth and success.