What a year it’s been for the ElenPAY team! From groundbreaking events to enhancing our internal processes and expanding our technological capabilities, we’ve had an incredible journey. Best of all, our commitment to redefining Bitcoin payments for the iGaming industry has only grown stronger.
Here’s a look back at some of the key highlights that made ElenPAY’s 2024 memorable.
Elenpay 2024: Expanding Our Presence Worldwide
We have significantly broadened our global footprint by actively participating in key industry events across multiple continents. These engagements allowed us to showcase our innovative payment solutions, forge strategic partnerships, and gain invaluable insights into emerging markets.
Bet on Ceuta
In April, ElenPAY took on the role of main sponsor at the Bet on Ceuta conference. Our CEO, Giacomo Collini, delivered a compelling presentation titled “Bridging the Crypto and iGaming World: Solutions for Regulated Operators,” emphasizing how our platform addresses industry challenges by merging gaming with Bitcoin securely and competently. This underscored our commitment to integrating cryptocurrencies within the regulated iGaming sector.
CasinoBeats Summit
We traveled to Malta in June for the CasinoBeats Summit. Our team engaged in a pivotal roundtable discussion moderated by Marta de Francisco of Asensi Abogados, our legal partners, focusing on Spain’s gaming regulations. This dialogue reinforced our dedication to offering cutting-edge, secure, and fully regulated solutions in the iGaming industry.
BTC Prague and Bitcoin Oasis
Serving as the official payment processor for BTC Prague, ElenPAY seamlessly facilitated nearly 6,000 transactions. Our presence enhanced attendee engagement and demonstrated the efficiency of our payment solutions.
ElenPAY was also selected as the payment solution for Dubai’s first-ever Bitcoin event, Bitcoin Oasis. Here, our platform was praised for its seamless integration and user-friendly experience. It set a new standard for Bitcoin payment solutions in large-scale events.
SiGMA Europe and East Europe
ElenPAY participated in two major SiGMA European events that provided a platform for insightful discussions on key topics such as MiCA regulation, AI in iGaming, and blockchain payments, further solidifying our position as a leader in crypto payments within the sector.
At SiGMA East Europe, our Product & Business Development Manager, Josep León, contributed to an acclaimed panel discussion titled ‘The Growing Eastern European Gambling Market and Its Opportunities,’ highlighting significant market trends and addressing key challenges.
LATAM Market Exploration
ElenPAY also crossed the pond to make significant strides into the LATAM market. We participated in two key events: SBC Summit Latinoamérica in Miami and SiGMA Americas in Brazil. These explorations allowed us to better understand the unique dynamics of the region’s rapidly growing iGaming ecosystem.
ElenPAY Keeps Driving Innovation
It hasn’t just been about travel and events for us this year; we’ve also reinforced our position as a leader in blockchain and payment solutions innovation. Through a dedicated focus on research, development, and technological excellence, we’ve achieved key milestones that underscore our commitment to shaping the future of crypto payments.
- Receiving the Innovative PYME Label: This year, ElenPAY was honored with the prestigious Innovative PYME label. This is a recognition awarded to small and medium enterprises in Spain that demonstrate exceptional dedication to innovation and technological advancement.
- Stuart AI: ElenPAY launched Stuart AI, an internal tool designed to improve code security, streamlining the detection of vulnerabilities in pull requests, and ensuring safer code. Stuart AI has been an invaluable exercise to help us build a product that enhances our internal processes and holds the potential to become a valuable tool for our clients.
Strengthening Team Collaboration
As a remote-first company, ElenPAY places great emphasis on fostering strong connections among team members. We want to ensure seamless collaboration and cultivate a unified company culture. In 2024, we prioritized opportunities to bring our team together and enhance our workflows.
- Office Days in Berlin, Barcelona, and Madrid: We hosted team gatherings that provided an invaluable opportunity for team members to step out of the digital workspace, brainstorm on upcoming projects, and build stronger personal connections. Whether strategizing product roadmaps or sharing informal moments, these gatherings reinforced the camaraderie that powers our success.
- Asynchronous Teamwork Workshop with Verbalima: Recognizing the challenges of remote work, during our last Office Days held in Barcelona, we partnered with Verbalima to host a workshop focused on improving asynchronous communication and teamwork. The program focused on enhancing communication and feedback skills with the goal of fostering a feedback culture that boosts team performance.
Key Learnings for the Future
One thing is clear: innovation and compliance go hand in hand. This year has reinforced the importance of providing secure, efficient, and regulatory-compliant payment solutions.
Here are the key takeaways from 2024 that will guide us moving forward:
1. The Growing Role of Bitcoin Lightning Network
The advantages of the Bitcoin Lightning Network—instant transactions and low fees—are becoming undeniable for operators seeking to enhance user experience. As pioneers in this space, we remain focused on helping the iGaming industry fully leverage this transformative technology.
2. Adapting to Evolving Regulations
Frameworks like MiCA are paving the way for clearer guidelines in Europe. 2024 has shown that staying compliant isn’t just about following the rules; it’s about building a sustainable future for crypto payments. ElenPAY will continue to help operators navigate these changes with confidence.
3. The Rise of Mobile and User-Centric Solutions
Mobile-first experiences are no longer optional—they’re essential. We’re committed to creating seamless payment solutions that cater to the expectations of a fast-evolving audience.
4. Security as a Cornerstone
As digital payments gain traction, fraud prevention and data security are more critical than ever. Our solutions are built with these priorities at their core, ensuring peace of mind for both operators and players.
THANK YOU to all our partners, clients, and team members for making 2024 a remarkable year. Here’s to driving innovation and shaping the future together in 2025 and beyond!
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