Enteractive, a company providing custom-made technology to igaming operators worldwide, has received a €7.0m (£5.8m/$7.6m) investment in the form of a non-controlling interest equity stake. This cash injection will enhance Enteractive’s ability to scale globally and expand its presence in key markets such as the US, Latin America, and Asia.
Yolo Investments, founded by Tim Heath, has launched a sub-fund focused on the gaming and financial technology sectors. Prior to this, Yolo Investments had already acquired stakes in casino content studios OneTouch and Green Jade Games, as well as the Bombay Club live casino business.
Mikael Hansson, founder and CEO of Enteractive, commends the innovative thinking and enthusiasm of Tim and his team. Enteractive aims to leverage Yolo Investments’ knowledge and network to accelerate its already strong growth.
Tim Heath, CEO of Yolo Investments, sees a natural fit between Enteractive and his network. He recognizes the challenges faced by companies in retention and reactivation, and believes there are significant opportunities for synergy and growth in expanding Enteractive’s presence in multiple markets, ultimately establishing it as a global industry leader.
