bank sepah

What bank sepah does

Atlas123 is an Indonesian online gambling platform operating through atlas123win.com and affiliated domains, targeting individual Indonesian consumers with a full suite of wagering products including slot games, live casino, sports betting, lottery (togel), poker, crash games, arcade, esports, and cockfighting (sabung ayam). The platform aggregates content from a wide roster of third-party game providers (Pragmatic Play, PG Soft, MicroGaming, Habanero, Playtech, Joker, Spadegaming, Red Tiger, and others), with core platform infrastructure licensed from Siam Engine, which holds responsible gambling certification. A dedicated Nex4D sub-brand extends coverage into lottery and sports betting.

The platform operates as an online-only business, distributed via a website and an Android APK application, with customer support channels on WhatsApp and Telegram. Payment processing is integrated with Indonesia's QRIS standard and includes direct bank deposit and withdrawal rails for major Indonesian banks (BCA, BNI, BRI, BSI, Bank Danamon, SeaBank, Bank Mandiri) alongside e-wallets (DANA, OVO, GOPAY, LINKAJA, SAKUKU). The platform is localized across 13+ languages, signaling intent to address non-Indonesian markets.

The business model is consumer-facing B2C, monetizing through player deposits, the house edge on aggregated games, and promotional mechanics (welcome bonuses, deposit bonuses, free spins, cashback). Go-to-market is conducted through affiliate channels and promotional tournaments rather than disclosed direct sales or enterprise contracts, and the customer base is a long-tail of individual Indonesian players rather than named enterprise accounts.

Name

bank sepah

Website

https://hibank24.com

Company type

Private

Headcount range

101–250 employees

Short description

Atlas123 is an Indonesian online gambling platform offering slot, live casino, sports betting, lottery, poker, and esports to individual Indonesian consumers through its website, Android app, and QRIS-enabled local payment rails.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), Foreign Governments (8888), National Commercial Banks (6021)

akta.pro primary industry

Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)

Keywords

• Retail banking services
• Deposit accounts
• Consumer lending
• Payment processing
• Branch banking

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Online Gaming Transactions: Platform facilitates online slot, casino, sports betting, and other gambling games. Revenue generated through player deposits, transaction fees, and house edge on games

Distribution channels3 records

Marketing channels2 records

Core offering

Based on the firmographics identification of "bank sepah" as a Tehran-based entity, the implied core offering is banking services. However, the source data explicitly states that no information is available for Bank Sepah and the content pertains to ATLAS123, an Indonesian online gambling platform. No substantive description of bank sepah's actual products or services is evidenced.

Product overview

Atlas123 is an online gambling platform offering a comprehensive portfolio of gaming products including slot games, live casino, sports betting (sportsbook), lottery (togel), poker, crash games, arcade, esports, and cockfighting (sabung ayam). The platform aggregates games from multiple third-party providers such as Pragmatic Play, PG Soft, MicroGaming, Playtech, Habanero, and many others. Key products include the ATLAS123 mobile app for Android, Nex4D lottery and sports platforms, and Jackpot Play progressive jackpot games. Payment is facilitated through QRIS, various Indonesian bank transfers (BCA, BNI, BRI, BSI, Bank Danamon, SeaBank, Bank Mandiri), and e-wallets (DANA, OVO, GOPAY, LINKAJA, SAKUKU).

Differentiator

Problem solved

Functional benefit

Segments1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

14 partnerships are on record, tiered core, major and minor.

• Pragmatic PlaycoreTechnology or IntegrationMajor slot and casino game provider integrated into the ATLAS123 platform. Provides popular slot titles like Sweet Bonanza, Gates of Olympus, and various tournament promotions
• PG SoftcoreTechnology or IntegrationMobile-first gaming provider offering titles like Mahjong Ways, Wild Bounty Showdown. Partners on exclusive tournaments and promotions
• MicroGamingmajorTechnology or IntegrationLong-established gaming provider offering diverse slot portfolio including progressive jackpots and tournament participation
• HabaneromajorTechnology or IntegrationAsian-focused slot provider with localized games integrated into the platform
• PlaytechmajorTechnology or IntegrationGlobal gaming technology provider offering slot and live casino games on the platform
• Siam EnginecoreTechnology or IntegrationPlatform gaming engine provider certified for responsible gambling support. Provides the core gaming infrastructure for the platform
• BCA (Bank Central Asia)minorOthersMajor Indonesian bank integrated for deposit/withdrawal transactions via virtual account
• BNI (Bank Negara Indonesia)minorOthersState-owned bank integrated for virtual account deposits and withdrawals
• BRI (Bank Rakyat Indonesia)minorOthersMajor Indonesian bank integrated for payment processing
• BSI (Bank Syariah Indonesia)minorOthersIslamic banking partner for Sharia-compliant payment options
• OVOminorOthersIndonesian e-wallet integrated for QRIS deposits
• DANAminorOthersPopular Indonesian e-wallet integrated for fast QRIS deposits
• GOPAYminorOthersGojek e-wallet integrated for QRIS payment processing
• GojekminorChannel Partner/ Reseller/ DistributorSuper app ecosystem partner providing GOPAY e-wallet integration for payments

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bank Mellat: Major Iranian state-owned commercial bank offering retail, corporate, and digital banking services. Comparable product mix and ownership structure to Bank Sepah, with overlapping corporate and retail customer base.
• Bank Tejarat: Iranian state-owned commercial bank focused on trade and retail services. Comparable state-owned status and full-service banking model, including growing digital channels competing for the same Tehran customer base.
• Saman Bank: Iranian private commercial bank with a notable early digital channel ("Saman Electronic"). Comparable as an Iranian bank with a dedicated digital-banking initiative competing in the same space.
• Eghtesad Novin Bank: Major Iranian private commercial bank with a strong retail and digital platform. Comparable product set and competing directly for the same digital retail deposits.
• Karafarin Bank: Iranian private commercial bank providing retail, corporate, and electronic banking services. Comparable product mix and digital-banking orientation targeting the same Iranian retail and SME segments.
• Bank Maskan: Iranian state-owned specialized housing bank that has expanded into broader retail and digital banking. Comparable state-owned status and growing digital-banking presence in the Iranian market.
• Pasargad Bank: One of Iran's largest privately held banks, known for early investment in digital channels and modern branch technology. Comparable as a full-service Iranian bank competing for digital retail customers.
• Bank Saderat Iran: Iranian state-owned commercial bank with international trade heritage. Comparable as a state-owned full-service bank serving similar retail and corporate customers in Iran.
• Bank Melli Iran: Largest Iranian state-owned commercial bank. Comparable as a state-owned Iranian commercial bank with a national branch and digital footprint; serves as the closest analogue to Bank Sepah's scale and ownership profile.

Regional players

• Bank of Industry and Mine: Iranian state-owned specialized bank supporting industrial and mining sectors. Comparable as an Iranian state-owned bank with parallel ownership profile, though more corporate-focused than retail.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/hekmat-iranian-bank

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 bank sepah