Tag: Betify

FinTelegram’s new report tracks a striking payment-rail sequence from Lithuania to Poland to Georgia: utPay, ChainValley and Nylo. The working hypothesis is broader — MiCA may be shifting high-risk casino crypto infrastructure without yet disrupting the underlying business.

One week after MiCA’s transition deadline, FinTelegram found Betify’s Skrill and Neteller-labelled deposit routes still leading to Georgian Nylo “Exchange orders” requiring users to buy crypto and send it onward. Nylo’s own Terms and AML Policy raise deeper questions about gambling payments, direct KYC, limited monitoring, VASP status and EU reverse solicitation.

Passpoint markets itself as a financial orchestration platform for Africa, Europe, and G20 payment corridors. But FinTelegram’s Betify review found something far more problematic: Passpoint Sp. z o.o., its Polish entity, appeared as the named payee in an open-banking/bank-transfer rail used to fund Betify, an offshore casino accessible from EU jurisdictions. This is not a passive API footprint.

FinTelegram’s May 2026 review of Betify shows a materially reconfigured payment architecture compared with the August 2024 review. The visible corporate wrapper has changed from Altacore N.V. / Altaprime Limited to Fortuna Games N.V. / Deltaprime Limited, but the underlying risk pattern remains: EU players can apparently access and fund an offshore casino through layered payment rails.

While the main website of the Betify online casino, Betify.com, states Altacore N.V. has a Curacao license as an operator, various other Betify websites do not provide any information about the operators. Costa Rica is stated as the jurisdiction responsible for the terms and conditions. In our reviews at the beginning of August 2024, we discovered the Cyprus-registered Altaprime Limited as the payment processor for anonymous and illegal casino activities.