In a major step for the FSB organisation, we’re happy to announce the transformation of our enterprise right into a B2B solely expertise companies supplier.
FSB triggered a 3 yr plan to evolve its enterprise into an finish to finish B2B software program provider working mannequin after securing a multi-million progress funding from non-public fairness group Clairvest in 2019. This company purpose has been attained after the UK’s main impartial bookmaker JenningsBet turned the ultimate consumer to exit FSB’s licensed B2C white label enterprise.
This profitable evolution comes at a time of fast progress for FSB with market entry achieved within the US alongside a number of partnerships fashioned within the newly regulated province of Ontario and a significant Tier 1 WLA relationship in Europe by way of the Hungarian Nationwide Lottery backed SZRT Slovakia.
Dave McDowell, Chief Government Officer at FSB, stated: “The completion of our three yr journey to develop into a pure B2B gaming expertise and companies supplier really heralds a brand new period for us at FSB.
This transformation has been our finish purpose since we secured main funding from Clairvest in 2019 and over the past couple of years we’ve collaborated intently with our white label companions whereas they secured impartial banking amenities, efficiently obtained their very own distant working licences and finally transitioned to imagine their very own regulatory obligations.
Our platform expertise merchandise, headlined by our award-winning omnichannel sportsbook, have been the bedrock for our progress over the past 18 months and we now look ahead to increasing these trusted companies additional throughout regulated markets in a number of world areas within the months and years forward.