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Tag: Concentric Data Services Malta

High-Risk Payment Processor MiFINITY Quadruples Net Income to £8.6M Amidst Aggressive Expansion

The 2024 financial statements for MiFinity UK Limited reveal an explosion in growth, with net income rising by over 300% to £8.6 million and total assets reaching £76.96 million. This analysis hypothesizes that such abnormal gains are driven by the processor’s aggressive pivot toward facilitating payments for offshore and unlicensed casinos like Legiano and Winning.io.