EDGE Markets

What EDGE Markets does

EDGE Markets, Inc. is a Wilmington, Delaware-incorporated fintech founded in 2020 that builds purpose-built banking and payment infrastructure for regulated gaming, prediction-market, and crypto trading ecosystems. The company operates a single-engine, three-interface architecture: EDGE Boost is a consumer Visa debit card and FDIC-insured deposit account (held at Cross River Bank, with up to $250K standard and up to $10M via IntraFi Network Deposits) launched in March 2025; EDGE Connect is a B2B private closed-loop payment rail for regulated operators that charges fees only on Net New Deposits over a 24–48 hour window, eliminates chargebacks, and supports 24/7/365 real-time payments up to $1M per user per day; EDGE Pro is an institutional banking platform for market makers on CFTC-regulated prediction markets, pending Introducing Broker and Futures Commission Merchant registrations with the NFA. EDGE Boost has processed over $2 billion in transactions across approximately 9,000+ users in all 50 U.S. states and is the preferred payment method at the World Series of Poker and embedded into Choctaw Casinos & Resorts cages and kiosks.

Revenue is generated primarily through interchange on EDGE Boost debit-card transactions and B2B transaction fees on EDGE Connect, partially offset by a 0.50% cashback rebate on qualified gambling deposits and a $25 new-customer deposit match bonus; EDGE Connect and EDGE Pro are offered free to early adopters in 2026 as a land-and-expand strategy. Back-testing with operators indicates a 70%+ reduction in payment-processing fees relative to legacy consumer card rails, with EDGE Connect fees starting at 50 basis points on Net New Deposits. Customer segments span individual sports bettors, casino and poker players, prediction-market traders, regulated gaming operators, and institutional market makers.

The company has raised approximately $46.4 million across a $17.2M seed (March 2025), a $7.8M Form D securities offering (March 2026), and a $29.2M Series A (June 2026, led by CoinFund with Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital). The leadership team is founder-led (Seni Thomas, CEO) and includes executives drawn from SoFi, Athena Bitcoin Global, Chicago Mercantile Exchange, Match Group, Flo Health, FanDuel, DraftKings, PokerGO, and WWE. EDGE Markets is one of only two financial institutions holding ally membership in the American Gaming Association and maintains partnerships with Birches Health, Defy the Odds, ZeroHash, Visa, PayPal, Gemini, and Robinhood.

Name

EDGE Markets

Legal name

EDGE Markets, Inc.

Website

https://edgemarkets.io

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

EDGE Markets builds banking infrastructure for gaming and prediction markets, offering a consumer debit card (EDGE Boost), a B2B private payment rail (EDGE Connect), and an institutional banking platform (EDGE Pro). It serves individual bettors, regulated gaming operators, and CFTC-regulated prediction market exchanges.

Ownership category

akta.pro rank

Product category

Gaming Financial Infrastructure

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Finance Services (6199)

akta.pro primary industry

Brokerages & On/Off-Ramps (fiat rails, instant buy/sell) (FSAPADAG)

akta.pro secondary industry

Lead Generation, Comparison & Marketplace Platforms (Financial Products) (FSAEAMAM)

Keywords

• Gaming payment infrastructure
• Debit card platform
• Payment processing rail
• Responsible gaming banking
• Prediction market banking

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. EDGE Connect Transaction Fees: Usage-based transaction fees on EDGE Connect's private payment rail — charged only on Net New Deposits over a 24–48 hour window, at as low as 50bps in processing fees for Net New Deposits. Replaces traditional card-based pricing and eliminates chargeback and churn cost exposure for operators.
2. EDGE Boost Debit Card Interchange & Cashback Economics: Revenue from the EDGE Boost Visa debit program (issued by Cross River Bank, Member FDIC), including interchange on gambling-related spending, funded deposits, and the optionality of 0.50% cash back on qualified gambling deposits — partially offset by a $25 new-customer deposit match bonus. Card program has processed over $2 billion in transactions since launch.
3. EDGE Pro Institutional Banking Services: Future revenue from institutional banking services for market makers on CFTC-regulated prediction markets (multi-liquidity pool post-execution settlement, margin, and prime brokerage plug-and-play), enabled by Introducing Broker and Futures Commission Merchant registrations with the National Futures Association. Provided at no cost to early users and operators in 2026 as a land-and-expand strategy.

Pricing tiers

Go-to-market motion5 records

Distribution channels5 records

Marketing channels7 records

Core offering

EDGE Markets provides a unified financial infrastructure platform purpose-built from the ground up for gaming, betting, crypto, and prediction markets. The company operates a single core banking engine with three product interfaces: EDGE Boost, a consumer Visa debit card with FDIC-insured deposit accounts for individual sports bettors and gamers; EDGE Connect, a B2B private closed-loop payment rail for regulated gaming and prediction-market operators that charges fees only on Net New Deposits and eliminates chargebacks; and EDGE Pro, an institutional banking platform for market makers trading on CFTC-regulated prediction markets.

Product overview

EDGE Markets is a single fintech platform-plus-modules architecture delivering the financial backbone for prediction, gaming, and crypto trading markets, organized around one core technology engine with three product interfaces. The consumer-facing module EDGE Boost is a responsible-gaming Visa debit card and FDIC-insured deposit account (via Cross River Bank) that has processed over $2 billion in transactions since its March 2025 launch. EDGE Connect is the B2B payment-rail module — a private, closed-loop settlement layer for regulated operators that charges only on Net New Deposits and supports 24/7 RTP pushes. EDGE Pro is the B2B institutional banking module for market makers on CFTC-regulated prediction markets, offering real-time cross-pool settlement and margin. The three products share the same core platform: EDGE Connect is described as the private settlement and payments layer that powers EDGE Markets, and all three flow through EDGE Boost deposit accounts as the verified source of funds.

Differentiator

Problem solved

Functional benefit

Brands

• EDGE Boost: Visa debit card program and responsible gaming financial platform, the company's original product; FDIC-insured deposit account held at Cross River Bank, Member FDIC.
• EDGE Pro
• EDGE Connect

Products and services

• EDGE Boost Consumer-facing Visa debit card and FDIC-insured deposit account (issued by Cross River Bank, Member FDIC) built exclusively for the betting and gaming community, with daily limits up to $1M. Includes embedded responsible gaming tools (social accountability co-pilot, spending limits, cashback-plus-RG opt-in at 97% adoption), 0.50% cash back on qualified gambling deposits, a $25 new-customer deposit match bonus, and crypto-to-USD funding via ZeroHash integration. Has processed over $2 billion in transactions since launch across all 50 U.S. states.
• EDGE Connect Private settlement and payments layer purpose-built for regulated gaming and prediction-market operators, replacing consumer card rails with a closed-loop network. Charges fees only on Net New Deposits over a 24-48 hour window (as low as 50bps in processing fees), eliminates chargebacks and 24-48 hour churn costs, supports 24/7/365 RTP push payments with up to $1M per user per day, and includes the EDGE Link SDK plus an operator-facing BI dashboard for daily spending insights and net settlement reporting. Back-testing with major operators showed 70%+ reduction in payment processing costs and 50-70% reduction in total deposit costs. Provided free for early operators in 2026.
• EDGE Pro High-throughput banking platform for institutional market makers and professional trading firms active on CFTC-regulated prediction market exchanges. Enables real-time deposits, multi-liquidity-pool post-execution settlement, and margin support from third-party prime brokerages (plug-and-play). Target users are segmented by monthly trading volume tiers of $1-5M, $5-10M, $10-25M, $25-100M, and $100M+. Provided at no cost to early market makers in 2026 as a land-and-expand strategy, pending NFA registrations.

Quantifiable outcome

• 70%+ reduction in payment processing fees for operators (50–70% reduction in total deposit costs)
• +6 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature9 records

Scale indicators13 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Sightline Payments: Sightline Payments provides cashless gaming payment solutions — including debit/Play+ cards and mobile wallet rails — to casinos, sportsbooks, and tribal gaming operators across the U.S. It is the closest direct competitor to EDGE Connect and EDGE Boost in cashless casino gaming payments.
• Trustly: Trustly offers online banking payment solutions — including instant deposits/withdrawals — to online gaming, sports betting, and iGaming operators across Europe and the U.S. It directly overlaps with EDGE Connect's operator-side payment rail thesis for the betting ecosystem.
• Nuvei: Nuvei is a global payment processing platform with a strong vertical focus on online gaming, sports betting, iGaming, and other regulated digital commerce. Its operator-side acquiring and alternative payment method offerings compete directly with EDGE Connect's private payment rail.
• Paysafe: Paysafe provides payment solutions — including eCash (paysafecard), Skrill digital wallets, and card processing — for online gaming, sports betting, and iGaming operators and consumers. Its combined consumer wallet + operator processing model closely mirrors EDGE Markets' consumer + operator dual product approach.
• AstroPay: AstroPay provides prepaid cards, digital wallets, and payment processing solutions focused on online gaming, sports betting, and emerging markets. It competes directly with EDGE Boost on the consumer side and EDGE Connect on the operator side in cross-border gaming payments.
• MuchBetter: MuchBetter is an e-wallet and payment solutions provider purpose-built for online gaming operators and consumers, offering instant deposits/withdrawals and operator dashboards. Its gaming-only focus and operator + consumer dual model are highly comparable to EDGE Markets' positioning.

Others

• ZeroHash: ZeroHash is the crypto-as-a-service infrastructure partner that powers EDGE Markets' compliant crypto-to-USD conversion for EDGE Boost accounts across all 50 U.S. states. It is an enabling infrastructure provider rather than a direct competitor, with adjacent crypto-banking rails.
• Cross River Bank: Cross River Bank is the FDIC-member banking partner that holds EDGE Boost deposit accounts and issues the Visa debit card. It is a critical enabling partner and a broader fintech-banking-as-a-service provider serving many similar fintechs (Affirm, Stripe, etc.).

Broad incumbents

• Coinbase: Coinbase is a leading U.S. crypto exchange offering a Coinbase Card debit product funded by crypto balances. While its consumer-facing crypto debit card overlaps with EDGE Boost's crypto-funded features, Coinbase operates as a broad incumbent across the crypto ecosystem rather than a gaming/prediction-market specialist.
• PayPal: PayPal is a broad payment platform offering consumer debit/credit cards (including Venmo card) and merchant integrations across gaming and e-commerce. It serves overlapping use cases as a broad incumbent rather than a gaming/prediction-market specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/edge-markets

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EDGE Markets