OKTO
- Company typePrivate
- Founded2003
- HeadquartersAthens, Greece
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
OKTO firmographics
Firmographics- Name
- OKTO
- Legal name
- OKTO PAYMENTS
- Website
- https://oktopay.eu
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
OKTO industry classification
Industry- Product category
- Payment Processing Software
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- ACH/Bank Transfer & Open Banking Payments (MPAEALAC)
- akta.pro secondary industries
- Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service) (FSAMAEAI), Corporate Cash Management & Treasury ACH (FSAMAGAG)
Keywords
Where OKTO is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices1 record
Markets served
OKTO business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Payment Processing Fees: OKTO generates revenue through transaction fees charged on payment processing for merchants operating in regulated e-commerce sectors. The company enables instant pay-ins and payouts and processes high transaction volumes across multiple markets.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
OKTO product offering
Product offeringCore offering
OKTO is a next-generation Payment Service Provider that delivers a modular digital payment platform for merchants operating in regulated e-commerce sectors. Its portfolio spans OKTO.DIRECT (retail payment gateway), OKTO.WALLET (e-wallet), high-performance Pay-ins & Payouts, real-time Treasury/Banking/Liquidity, and automated cross-rail Settlements, processing €17bn+ annually across 600mn+ transactions.
Product overview
OKTO is a next-generation Payment Service Provider offering a modular platform engineered for merchants operating in complex, regulated e-commerce sectors. The portfolio comprises core payment modules (Pay-ins & Payouts, Treasury Banking & Liquidity, Settlements) supplemented by OKTO.DIRECT (retail payment gateway) and OKTO.WALLET (e-wallet) products, with Flexia Payments representing an acquired capability for cashless omnichannel payments in the gaming sector. The platform processes over €17bn in annual run-rate volume across 600mn+ annualised transactions with 99.99% uptime.
Differentiator
Problem solved
Functional benefit
Brands
- OKTO.DIRECT: Retail payment gateway for digital payments in gambling and casino environments
- OKTO.WALLET
Products and services
- OKTO.DIRECT Retail payment gateway enabling merchants to accept digital payments across connected venues, with support for Apple Pay, Google Pay, Visa, Mastercard and Instant Bank Transfer. Targeted at gaming operators, casinos and retailers operating in regulated e-commerce environments.
- OKTO.WALLET E-wallet solution allowing players and consumers to make instant deposits and withdrawals across gaming, betting and digital platforms, supporting Apple Pay, Google Pay, Visa, Mastercard and Instant Bank Transfer.
- Pay-ins & Payouts High-performance deposit and withdrawal solution designed to reduce friction, improve conversion and support high transaction volumes without regulatory complexity. Targeted at regulated e-commerce merchants handling large payment volumes.
- Treasury, Banking & Liquidity Real-time visibility across balances and positions with automated treasury operations, enabling faster and safer financial decisions with reduced operational risk for regulated merchants.
- Settlements Automated cross-rail settlement processes that improve accuracy and streamline domestic and international operations, delivering faster and more predictable settlements across markets for regulated merchants.
Quantifiable outcome
- €17bn+ annual processed volume
- +2 more outcomes
Companies that use OKTO
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
OKTO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature5 records
OKTO partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- CyberTeam SolutionscoreStrategic partnership with CyberTeam Solutions, a Romanian company specializing in integrated solutions for the gambling and casino industry. The collaboration introduces OKTO.DIRECT (retail payment gateway) and OKTO.WALLET (e-wallet) across CyberTeam connected venues, enabling instant deposits and withdrawals via Apple Pay, Google Pay, Visa, Mastercard, and Instant Bank Transfer. The partnership aims to enhance gaming experiences by providing seamless, secure transactions for players and operators in the Romanian market.
- Flexia PaymentscoreOKTO announced the acquisition of U.S.-based Flexia Payments, a fintech specializing in cashless and omnichannel payment systems. The acquisition is part of OKTO's expansion into North American gaming markets. The deal aims to enhance digital payment solutions for casinos and online wagering platforms and positions OKTO to lead in digital payments in these sectors. The acquisition also facilitates Flexia's growth and deployment of advanced cashless solutions in North America and beyond.
Scale indicators3 records
Recent moves5 records
OKTO competitors and assessment
Company assessmentDirect peers
- Nuvei: Public global payments company with a strong regulated-gaming and online-betting franchise, offering acquiring, local payment methods, and instant payouts — directly competitive with OKTO's core vertical and product mix.
- dLocal: Public cross-border payment processor focused on emerging markets including Brazil, Mexico, Argentina, Chile, and Peru — directly comparable to OKTO's LATAM emerging-markets payment corridor.
- AstroPay: LATAM-focused digital payment solution widely used by online gaming operators in Brazil, Argentina, Chile, and Mexico — closely mirrors OKTO's LATAM regulated-gaming corridor.
- Trustly: Bank-transfer-based payment network owned by Nordic Capital, with significant exposure to iGaming pay-ins/payouts across Europe — directly comparable to OKTO's instant bank transfer and payout rails.
- Paysafe: Public payments platform with a deep focus on iGaming, betting, and online gaming merchants — the most directly comparable regulated-verticals PSP to OKTO, including wallet, pay-ins/payouts, and acquiring capabilities.
- PPRO: Payment infrastructure provider aggregating local payment methods for digital wallets and alternative rails globally — directly comparable to OKTO's wallet and local-payment-method aggregation play for regulated merchants.
Broad incumbents
- Adyen: Global unified-commerce PSP serving enterprise merchants across verticals including digital and gaming-adjacent segments; competes with OKTO on cross-border settlement, treasury, and uptime at enterprise scale.
- Worldpay (FIS): Large incumbent merchant acquirer with regulated-gaming exposure and enterprise acquiring capabilities; competes with OKTO on scale, but lacks OKTO's vertical specialisation.
- Worldline: Large European payment processor with regulated-gaming capabilities and broad merchant acquiring; competes with OKTO in EU corridors like Romania and Greece as a broad incumbent rather than a gaming specialist.
Emerging players
- Citcon: Cross-border payment and digital wallet infrastructure provider focused on connecting global merchants with Asian and LATAM payment methods — adjacent peer to OKTO's wallet and cross-border settlement capabilities.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
OKTO social profiles
Digital presenceOKTO compliance and trust
Trust signalCompliance1 record
OKTO financial estimates
Financial estimateRevenue estimate
Valuation estimate
OKTO leadership team
Management profileNumber of profiles
Profiles1 record
OKTO subsidiaries and ownership
Company hierarchySubsidiaries1 record
OKTO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OKTO M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OKTO
What does OKTO do?
OKTO is a next-generation Payment Service Provider that delivers a modular digital payment platform for merchants operating in regulated e-commerce sectors. Its portfolio spans OKTO.DIRECT (retail payment gateway), OKTO.WALLET (e-wallet), high-performance Pay-ins & Payouts, real-time Treasury/Banking/Liquidity, and automated cross-rail Settlements, processing €17bn+ annually across 600mn+ transactions.
Is OKTO a public or private company?
OKTO is a private company. It is classified as unknown and is currently operating.
When was OKTO founded?
OKTO was founded in 2003. It employs 1 to 10 people.
Where is OKTO based?
OKTO is headquartered in Athens, Greece, in the Europe region.
How does OKTO make money?
One revenue line is on record: payment Processing Fees.
Who are OKTO's main competitors?
Direct peers on record are Nuvei, dLocal, AstroPay, Trustly, Paysafe and PPRO. Broad incumbents are Adyen, Worldpay (FIS) and Worldline. Citcon is listed as an emerging player.
Does OKTO have an API?
No public API is recorded for OKTO.
What industry is OKTO in?
OKTO's product category is Payment Processing Software. Its primary akta.pro industry code is MPAEALAC, ACH/Bank Transfer & Open Banking Payments, with a secondary code of FSAMAEAI, Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service). Its NAICS code is 5231 and its SIC code is 6199.