Parimatch Tech was simply named one of Reuters’ 50 Leaders of Change. In a venture that highlights international corporations main the way in which in the direction of a brand new tomorrow in a sequence of video documentaries, the corporate turned an editor’s choose to showcase the innovativeness, technical focus, and sustainability of the fashionable on-line leisure business.
An achievement in itself, it turns into much more vital within the context through which Parimatch Tech has discovered itself over the previous yr. After the beginning of the Russian invasion of Ukraine, the corporate, in addition to different companies working or originating from Ukraine, confronted many challenges on an unprecedented scale. However, whereas sustaining its inherent flexibility and flexibility, Parimatch Tech took a number of steps that allowed it to achieve momentum regardless of the warfare and its challenges.
Exiting from the markets of Russia and Belarus
As quickly as Russia’s full-scale navy invasion of Ukraine started, the Supervisory board of Parimatch Tech determined to withdraw the franchise from the aggressor nation. The course of of model withdrawal from the market concluded on March 26 with the entire disconnection of the Parimatch platform from Russia. A number of months later, in the summertime, Parimatch Tech’s exit from the Belarus market additionally ended with the sale of the native enterprise unit and the termination of all relations.
Refocusing strategic targets
The disposal of a number of geos, in addition to the overall scenario within the international market, raised questions on what awaits the corporate subsequent. Parimatch Tech accelerated the implementation of long-standing plans to maneuver into the B2B business and throughout the yr rolled out a set of merchandise that it was prepared to supply to operator clients:
- iGaming platform, which is now one of the fastest-growing in Eastern Europe and efficiently handles tens of millions of lively gamers;
- Parimatch model franchise that grants entry to the model’s top-notch platform, respected identify, and a formidable record of international partnerships;
- BaaS, or Business as a Service, combines all the benefits of the Parimatch Tech platform, business experience, and administration excellence.
Compliance of the product with the very best business requirements was confirmed by GLI19 and GLI33 certificates from Gaming Laboratories (*8*) (GLI). And the platform was shortlisted twice for prestigious business awards: SBC Awards (Platform of the yr) and EGR Operator Awards (In-house product class).
Supporting Ukrainian resilience
All of 2022’s achievements could be unimaginable with out individuals who, regardless of the warfare, demonstrated incredible efficiency in numerous areas. Support for Ukraine and Ukrainians, together with the corporate’s staff, turned the cornerstone of Parimatch Tech’s efforts previously yr.
In May, the corporate opened a brand new workplace in Prague, the Czech Republic, which not solely contributed to enterprise growth in Europe but additionally offered much-needed assist for all displaced as a result of of the warfare staff all through Europe. In 2022, the Prague workplace grew from solely ten folks to over 65 staff.
Parimatch Tech introduced Ukraine-focused discussions on the worldwide stage of Web Summit 2022 in Lisbon, Portugal. The resilience of Ukrainian companies and their tales of despite-the-war success turned, as soon as once more, an inspiration and a supply of insights for over 70,000 Web Summit attendees.
Since the primary days of the invasion, Parimatch Tech and its folks have helped Ukraine in its wrestle for freedom: by means of donations, volunteering, coordination of company charity initiatives, and the work of the Parimatch Foundation. Previously targeted on academic and sports activities initiatives for youngsters, the Foundation has added initiatives geared toward serving to Ukrainian ladies and youngsters survive the warfare, get to security, and take care of their bodily and psychological well being. In 2022, over 600 civilians had been evacuated from the war-affected areas, greater than 60 tons of humanitarian support was offered, and over € 1 million was directed to assist victims of the warfare.
This sustainable strategy, in addition to a powerful tech core and deal with efficiency success turned key components in Parimatch Tech’s turning into one of Reuters’ 50 Leaders of Change. Whatever comes subsequent for the corporate, it’ll proceed utilizing its cutting-edge know-how and social causes to drive the business into its sustainable technological future.
“We are on the verge of a vital change that may formally kickstart our B2B journey. The plans forward of us are bold, but we’re as much as the duty as a result of our core stays the identical: the problem is part of our DNA. And with such drive, something is feasible! We will proceed to develop and prevail, contributing to many victories of 2023,” stated Evgen Belousov, Deputy CEO of Parimatch Tech.
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