Federation of the Universities of the Islamic World
- Company typePrivate
- Founded-
- HeadquartersWillemstad, Curaçao
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
Federation of the Universities of the Islamic World firmographics
Firmographics- Name
- Federation of the Universities of the Islamic World
- Legal name
- Carletta N.V.
- Website
- https://fumi-fuiw.org
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Federation of the Universities of the Islamic World industry classification
Industry- Product category
- Online Gambling
- NAICS
- Gambling Industries (7132), Casinos (except Casino Hotels) (71321), Casinos (except Casino Hotels) (713210)
- akta.pro industry
- Online Casino Platform Providers (PAM, Wallet, CMS, Back Office)iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms)Media, Entertainment & Sports/Gambling, Betting & Casinos/Gaming Technology, Platforms & Data (iGaming Platforms, Odds, Risk, KYC)Player Wallets, Escrow & Custodial Account ServicesMedia, Entertainment & Sports/Gambling, Betting & Casinos/Payment Processing & Financial Services for GamingCrypto Payments & Digital Asset Settlement for GamingMedia, Entertainment & Sports/Gambling, Betting & Casinos/Payment Processing & Financial Services for Gaming
Keywords
Where Federation of the Universities of the Islamic World is headquartered
LocationHeadquarters
- HQ city
- Willemstad
- HQ country
- Curaçao
Offices2 records
Markets served
Federation of the Universities of the Islamic World business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Marketing or Sales, Operations, Personnel, Others
Revenue model
- Casino Wagering Revenue: Revenue generated from player wagers on slot machines, table games, crash games, and live dealer games. House edge built into game mechanics provides consistent margin.
- Sports Betting Margin: Revenue from sports wagers across football, basketball, tennis, ice hockey, MMA/boxing, and esports with odds-based margins.
- VIP and Bonus Redemption: Revenue from wagering requirements attached to bonus offers. Bonuses require turnover multipliers before withdrawal, creating revenue from the difference between bonus value and player expected value.
- Crypto Deposit Fees: Accepts cryptocurrency deposits including Bitcoin via Binance Pay with specific minimum deposits starting from 9 AZN equivalent.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Casino First Deposit Bonus - up to 10,000 AZN + 250 Free Spins |
| Subscription | Pay-as-you-go | Sports Betting Welcome Bonus - up to 125% deposit match (max 10,000 AZN) |
| Freemium | Pay-as-you-go | Cryptocurrency Deposit - 10 AZN minimum triggers 20 free spins |
| Subscription | Monthly | Weekly Cashback - up to 10% of net losses (max 2,000 AZN) |
| Subscription | Pay-as-you-go | Express Bet Bonus - up to 100% odds boost |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Federation of the Universities of the Islamic World product offering
Product offeringCore offering
The company operates an online gambling platform offering casino games (slots, live dealer, crash games, TV games) and sports betting including e-sports to adult players. The platform is operated under Carletta N.V. with a Curaçao gaming license and accepts deposits and withdrawals in fiat and cryptocurrencies. Services are delivered via a web portal and dedicated Android/iOS mobile applications, with multi-language support and bonus-driven player acquisition.
Product overview
Pin Up operates as a unified online casino and sports betting platform combining gaming and wagering in a single account system. The core offering includes Pin Up Casino Platform with slot games, table games, live casino, crash games, and TV games, alongside Pin Up Sports Betting for pre-match and live wagering. Mobile access is provided through dedicated Android APK and browser-based iOS web version. The platform integrates a multi-tiered VIP program using Pincoins currency and maintains mirror site infrastructure for uninterrupted access.
Differentiator
Problem solved
Functional benefit
Brands
- Pin Up 360: Unified platform system combining casino games and sports betting
Products and services
- Online slot games Digital slot games from providers such as Pragmatic Play, NetEnt, Endorphina, and others, offered to adult players on the website and mobile apps.
- Live dealer casino games Live-streamed table games such as roulette, blackjack, and baccarat broadcast to players via the platform.
- Crash games Instant-win crash games where multipliers rise until a player cashes out, offered to adult players.
- TV games Game-show-style and TV-format betting products streamed live on the platform.
- Sports betting Pre-match and live betting on a range of sports, accessible via the website and mobile applications.
- E-sports betting Betting markets on competitive video gaming events and tournaments, accessed through the platform.
- Mobile casino application Android and iOS mobile applications that enable players to access casino games and sports betting on mobile devices.
Quantifiable outcome
- VIP program offers bonus exchange rates from 300:1 (beginner) to 60:1 (highest tier)
- +2 more outcomes
Companies that use Federation of the Universities of the Islamic World
Customer profileSegments2 records
Ideal customer profiles2 records
Federation of the Universities of the Islamic World technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Federation of the Universities of the Islamic World partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and flagship.
- Pragmatic PlaycoreMajor game provider supplying slot games and live casino content to the Pin Up platform. Games include Sweet Bonanza and other popular titles.
- NetEntcoreSwedish game studio providing certified slot games including Book of Dead. Known for balanced RTP indicators and stable mechanics.
- MicrogamingcoreLeading game provider with extensive portfolio of casino games and progressive jackpot network.
- EvolutionflagshipPremier live casino provider. Evolution's Stock Market live game won 'Best Live Casino Innovation' at European iGaming Awards. Provides live roulette, baccarat, and game shows including Crazy Time and Monopoly Live.
- Play'n GOcoreSwedish slot game provider known for mobile-optimized games with certified mechanics.
- PlaytechcoreLarge game development studio providing casino games and platform technology solutions.
- Binance PaycoreCryptocurrency payment integration allowing deposits from 9 AZN up to 85,000 AZN maximum. Supports Bitcoin and other cryptocurrencies.
- M10coreAzerbaijani electronic wallet service integrated for deposits (min 9 AZN, max 15,000 AZN) and withdrawals.
- Visa / MastercardcoreBank card payment processing for deposits (40-5,000 AZN) and withdrawals. Standard card-to-card transfer also supported.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Federation of the Universities of the Islamic World competitors and assessment
Company assessmentBroad incumbents
- LeoVegas: Multi-licensed European online casino and sportsbook with a mobile-first distribution model — comparable in mobile/PWA emphasis and tiered-VIP economics even though LeoVegas is regulated under Tier-1 licenses.
- Bet365: Global online sportsbook and casino incumbent with far broader licensing and brand depth — sets the upper-bound benchmark on product, odds, and retention mechanics relevant to any Az-region operator.
Emerging players
- Stake.com: Crypto-native online casino and sportsbook — closely comparable on the crypto-deposit + casino-first value proposition that Pin Up offers via Binance Pay and Bitcoin rails.
- BC.Game: Crypto-first casino and sportsbook with global access and aggressive bonus economics — relevant peer for the portion of Pin Up's funnel that enters through Binance Pay crypto deposits.
Direct peers
- Betwinner: iGaming and sportsbook operator with CIS-wide mirror-domain strategy and a comparable Pragmatic/Evolution-style aggregator stack — closely mirrors Pin Up's offer and access pattern in restricted markets.
- 1xBet: Major CIS-focused online sportsbook and casino with mirror-site distribution and aggressive bonus economics — the closest direct competitive analog to Pin Up's Azerbaijan offering in product, geo, and GTM.
- Mostbet: Online casino and sportsbook operator targeting CIS and Azerbaijan with similar local-currency rails and slot-heavy content mix — competes head-to-head for the same Azerbaijani player wallet.
- Melbet: CIS-focused online betting and casino brand with mirror-site distribution and cryptocurrency deposits — highly comparable GTM, content depth, and regulatory setup in Azerbaijan-adjacent markets.
- Parimatch: Established Eastern European and CIS sportsbook and casino operator — relevant as a slightly more mature CIS incumbent competing for the same sports bettors Pin Up targets in Azerbaijan.
Regional players
- 4rabet: India and South Asia-focused online casino and sportsbook — comparable product/template but different geography; useful as a regional-operator template rather than a direct Azerbaijani competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Federation of the Universities of the Islamic World social profiles
Digital presenceFederation of the Universities of the Islamic World financial estimates
Financial estimateRevenue estimate
Valuation estimate
Federation of the Universities of the Islamic World leadership team
Management profileNumber of profiles
Federation of the Universities of the Islamic World subsidiaries and ownership
Company hierarchySubsidiaries1 record
Federation of the Universities of the Islamic World funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Federation of the Universities of the Islamic World 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 Federation of the Universities of the Islamic World
What does Federation of the Universities of the Islamic World do?
The company operates an online gambling platform offering casino games (slots, live dealer, crash games, TV games) and sports betting including e-sports to adult players. The platform is operated under Carletta N.V. with a Curaçao gaming license and accepts deposits and withdrawals in fiat and cryptocurrencies. Services are delivered via a web portal and dedicated Android/iOS mobile applications, with multi-language support and bonus-driven player acquisition.
Is Federation of the Universities of the Islamic World a public or private company?
Federation of the Universities of the Islamic World is a private company. It is classified as corporate owned and is currently operating.
When was Federation of the Universities of the Islamic World founded?
Federation of the Universities of the Islamic World was founded in -1. It employs 11 to 50 people.
Where is Federation of the Universities of the Islamic World based?
Federation of the Universities of the Islamic World is headquartered in Willemstad, Curaçao.
How does Federation of the Universities of the Islamic World make money?
Four revenue lines are on record. Casino Wagering Revenue is the primary driver. The others are sports Betting Margin, VIP and Bonus Redemption and crypto Deposit Fees.
Who are Federation of the Universities of the Islamic World's main competitors?
Broad incumbents on record are LeoVegas and Bet365. Emerging players are Stake.com and BC.Game. Direct peers are Betwinner, 1xBet, Mostbet, Melbet and Parimatch. 4rabet is listed as a regional player.
Does Federation of the Universities of the Islamic World have an API?
No public API is recorded for Federation of the Universities of the Islamic World.
What industry is Federation of the Universities of the Islamic World in?
Federation of the Universities of the Islamic World's product category is Online Gambling. Its primary akta.pro industry code is MPAEABAK, Online Casino Platform Providers (PAM, Wallet, CMS, Back Office), with a secondary code of MPAEAKAA, iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms). Its NAICS code is 7132.