VeliTech
- Company typePrivate
- Founded2019
- HeadquartersLimassol, Cyprus
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
VeliTech firmographics
Firmographics- Name
- VeliTech
- Legal name
- VELI TECHNOLOGIES LTD
- Website
- https://velitech.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
VeliTech industry classification
Industry- Product category
- iGaming Software Platform
- NAICS
- Gambling Industries (7132), Computer Systems Design and Related Services (54151)
- akta.pro primary industry
- iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)
- akta.pro secondary industries
- Sportsbook Platform & PAM Providers (B2B) (MPAEACAC), Game Aggregation, Content Distribution & RGS (Remote Game Servers) (MPAEAKAG), Online Casino Platform Providers (PAM, Wallet, CMS, Back Office) (MPAEABAK)
Keywords
Where VeliTech is headquartered
LocationHeadquarters
- HQ city
- Limassol
- HQ country
- Cyprus
- HQ region
- Europe
Offices5 records
Markets served
VeliTech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- Platform Licensing & SaaS: VeliTech provides its full iGaming ecosystem (core platform, sportsbook, payments, games aggregation) as managed B2B services to operators. Revenue derived from licensing fees for their technology infrastructure including VeliHorizon PAM, VeliSports, and VeliPayments.
- Game Aggregation Commission: VeliGames aggregates 35K+ games from 160+ providers and earns commissions/rvenueshare from game providers for distribution access to operators through the platform.
- Payment Processing: VeliPayments processes payments for iGaming operators through 350+ PSP integrations, likely earning transaction fees or revenue share from payment processing.
- Proprietary Game Licensing: VeliPlay (crash games) and Heaven of 7 (slots) develop proprietary games licensed to operators, generating licensing fees or revenue share from game performance.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
VeliTech product offering
Product offeringCore offering
VeliTech is a B2B iGaming technology provider delivering a fully integrated software ecosystem for online gaming operators. Its platform spans Player Account Management (VeliHorizon), game aggregation across 160+ providers via single API (VeliGames), an omnichannel sportsbook (VeliSports), a PCI-DSS payment gateway integrating 350+ PSPs (VeliPayments), and proprietary crash/slot game studios (VeliPlay and Heaven of 7). The offering is sold as managed SaaS and licensed technology to operators in regulated markets across Africa, Asia, Europe, and LATAM.
Product overview
VeliTech operates a comprehensive iGaming platform ecosystem consisting of six interconnected products designed for B2B gambling operators. VeliHorizon serves as the foundational iGaming core system (PAM) managing player accounts, wallets, payments, and analytics. VeliGames aggregates 35,000+ casino games from 160+ providers via single API integration. VeliSports provides a full-featured sportsbook covering 100+ sports with 50K+ live events monthly. VeliPayments offers PCI-DSS-compliant payment processing through 350+ payment service providers. VeliPlay develops proprietary crash and instant games (14+ titles) with provably fair mechanics. Heaven of 7 creates exclusive slot games with Hold & Win mechanics and high volatility gameplay. All products share microservices architecture, integrate seamlessly via APIs, and are designed for regulated markets across Africa, Asia, LATAM, and Europe.
Differentiator
Problem solved
Functional benefit
Brands
- VeliHorizon: iGaming core system - data-driven Player Account Management (PAM) platform for online casinos and sports betting
- VeliGames
- VeliSports
- VeliPayments
- VeliPlay
- Heaven of 7
Products and services
- VeliHorizon Data-driven iGaming core system (Player Account Management / PAM) with API-driven microservices architecture, featuring seamless wallet with multi-currency and crypto support, 360-degree player view, rewards and promotions engine, deep analytics, KYC and fraud detection, and integration with 30K+ games and 300+ payment methods. Built for online casino and sports betting operators seeking a unified back-office.
- VeliGames Game aggregation platform providing single API integration to access 35,000+ games from 160+ connected gaming providers including live casino, slots, crash games, scratch cards, and table games, with player account management, bonus management, and game management tools for online casino operators.
- VeliSports Feature-rich omnichannel sportsbook platform offering retail, mobile, and desktop support with 100+ sports and eSports, 50K+ live events and 75K+ pre-match events per month, and 4,000+ markets, including multi-sport bet builder, promotional mechanics, risk management, and compliance tools for sports betting operators.
- VeliPayments PCI-DSS-compliant payment gateway integrating 350+ payment service providers, 280 payment methods, and 200 fiat and cryptocurrency options with advanced routing and cascading across 70+ filters, automated fraud detection, multi-currency support, and 24/7 technical support with 99.9%+ SLA and 50+ transactions per second capacity for iGaming operators.
- VeliPlay Dedicated crash and instant game development studio creating high-energy, mobile-first proprietary games including Pinball Rush, Chick'n'Roll, Holy Moly, Skydiver, Crash for Six, LaunchX, Space Plinko, Deep Dive, Hungry Frog, XMatch, Night Heist, TroubleJet, Fury Balloon, Jingle Jump, and Gods Play Plinko, featuring provably fair mechanics, multi-currency support, and custom branding for iGaming operators.
- Heaven of 7 Specialized slot game provider acquired by VeliTech in 2025 creating high-volatility slot games with Hold & Win mechanics, multipliers, bonus games, and jackpots, with x15,000 max win potential, mobile-optimized gameplay, and multi-language support. Portfolio includes Coins of Thunder, CoinUp Rise, Space Riches, Joker's Fire Bar, Diamond Strike, and Joker's X-mas Coin.
Quantifiable outcome
- 40M+ users served with iGaming products
- +3 more outcomes
Companies that use VeliTech
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
VeliTech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability8 records
Feature6 records
VeliTech partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered featured, core and strategic.
- ScaleofeaturedScaleo is a partnership for optimized affiliate success, providing affiliate tracking and management solutions integrated with the VeliHorizon platform. Enables operators to manage affiliate programs, maximize ROI, and access comprehensive reporting with fraud prevention.
- IdentomatfeaturedIdentomat partnership provides advanced KYC/AML features for compliance within the VeliHorizon platform. Offers global reach with rapid verification and seamless integration for enhanced business security and regulatory compliance.
- JogabetscoreB2B partnership where Jogabets migrated its online betting operations in Mozambique to VeliTech's iGaming platform. Includes sportsbook, CRM, game aggregation, and crash/instant games capabilities for the regulated Mozambican market.
- Game Content Providers (160+)coreVeliGames aggregates games from 160+ providers including NetEnt, Play'n Go, Spribe, Evolution, Pragmatic Play, Red Tiger, Hacksaw, Ezugi, BtoBet, Betby, Delasport, Greentube, and many more. Provides single API integration for operators to access 35K+ games.
- VeliGames Anjouan B2B LicencestrategicVeliGames secured Anjouan B2B licence to expand operator reach in regulated markets. Anjouan Gaming Licence enables compliant B2B operations for game aggregation services.
Scale indicators16 records
Recent moves9 records
Expansion highlights6 records
VeliTech competitors and assessment
Company assessmentDirect peers
- BetConstruct: Full-stack B2B iGaming supplier providing sportsbook, casino, PAM, payments, and game aggregation. Comparable in product breadth and licensing footprint, with overlap in African and Asian operator customers.
- Digitain: B2B iGaming platform offering sportsbook, casino, PAM, and payment gateway solutions. Comparable breadth of stack and similar operator customer base across emerging and regulated markets.
- Pragmatic Solutions: B2B PAM and iGaming platform provider with similar turnkey positioning targeting operators in multiple regulated jurisdictions. Directly comparable to VeliHorizon and the broader VeliTech stack.
- EveryMatrix: Full-stack B2B iGaming platform provider offering casino engine, sportsbook, PAM, payments, and game aggregation. Closely comparable to VeliTech in product breadth and B2B operator go-to-market across regulated and emerging markets.
- SOFTSWISS: B2B iGaming solutions provider offering casino platform, sportsbook, game aggregation, and crypto-focused payments. Comparable to VeliTech's turnkey positioning with strong crypto and emerging-market orientation.
- NSoft: B2B iGaming and sportsbook platform provider with similar tier-2 / emerging-market operator focus. Overlaps with VeliTech in sportsbook, PAM, and managed services for operators in regulated and emerging jurisdictions.
Emerging players
- Altenar: B2B sportsbook platform provider with risk management and trading services. Comparable to VeliSports on the sportsbook layer and a partial competitor in PAM-adjacent offerings.
- SoftGamings: B2B game aggregation and turnkey platform provider for iGaming operators. Comparable aggregation scale and API-first model to VeliGames.
- Slotegrator: B2B game aggregation and iGaming platform provider offering single-API access to thousands of games from multiple providers. Directly comparable to VeliGames and adjacent to VeliTech's broader stack.
Broad incumbents
- Playtech: Largest publicly listed iGaming platform provider with PAM, sportsbook, casino, payments, and proprietary content. Operates as a broad incumbent across the same verticals VeliTech targets, but at significantly larger scale and with a more diversified tier-1 operator base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat8 records
Key risks7 records
Key highlights7 records
Customer concentration
VeliTech social profiles
Digital presenceVeliTech compliance and trust
Trust signalCompliance5 records
VeliTech financial estimates
Financial estimateRevenue estimate
Valuation estimate
VeliTech leadership team
Management profileNumber of profiles
Profiles9 records
VeliTech subsidiaries and ownership
Company hierarchySubsidiaries6 records
VeliTech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VeliTech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VeliTech
What does VeliTech do?
VeliTech is a B2B iGaming technology provider delivering a fully integrated software ecosystem for online gaming operators. Its platform spans Player Account Management (VeliHorizon), game aggregation across 160+ providers via single API (VeliGames), an omnichannel sportsbook (VeliSports), a PCI-DSS payment gateway integrating 350+ PSPs (VeliPayments), and proprietary crash/slot game studios (VeliPlay and Heaven of 7). The offering is sold as managed SaaS and licensed technology to operators in regulated markets across Africa, Asia, Europe, and LATAM.
Is VeliTech a public or private company?
VeliTech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was VeliTech founded?
VeliTech was founded in 2019. It employs 101 to 250 people.
Where is VeliTech based?
VeliTech is headquartered in Limassol, Cyprus, in the Europe region.
How does VeliTech make money?
Four revenue lines are on record. Platform Licensing & SaaS are the primary driver. The others are game Aggregation Commission, payment Processing and proprietary Game Licensing.
Who are VeliTech's main competitors?
Direct peers on record are BetConstruct, Digitain, Pragmatic Solutions, EveryMatrix, SOFTSWISS and NSoft. Emerging players are Altenar, SoftGamings and Slotegrator. Playtech is listed as a broad incumbent.
Does VeliTech have an API?
Yes. Single API integration for game aggregation platform. VeliGames provides one API integration point for accessing 35,000+ games from 160+ connected gaming providers. VeliHorizon platform offers REST API, GraphQL API, and Kafka events for extensibility. Developer documentation is at veligames.io.
What industry is VeliTech in?
VeliTech's product category is iGaming Software Platform. Its primary akta.pro industry code is MPAEAKAA, iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms), with a secondary code of MPAEACAC, Sportsbook Platform & PAM Providers (B2B). Its NAICS code is 7132.