Full Moon Sports, a leading sports consulting company specializing in fantasy sports, sports betting, and horse racing, has formed a multi-layered partnership with Approvely. Approvely is known for its merchant services, fraud protection, and chargeback protection solutions for online businesses. This alliance aims to address the needs of industries often labeled as 'risky' by merchant services.
Led by Fantasy Sports Hall of Famer Rick Wolf and horse racing and sports betting expert Michael Zapin, Full Moon Sports has been actively seeking partnerships to enhance their service offerings. Their collaboration with Approvely tackles one of the most challenging aspects for digital businesses—secure and efficient payment solutions.
Rick Wolf highlighted Approvely's unique approach to payments, noting their active engagement and responsiveness to industry feedback. "For instance, based on market feedback, they launched an instant payout product at the end of last year," Wolf said. This product allows daily fantasy sports (DFS) and online gaming companies to process payments to players instantly, without the burden of large minimum commitments. Wolf emphasized Approvely's commitment to supporting the industry and startups, making them an ideal partner.
Chelsie Cooper, CEO of Approvely, expressed the importance of this partnership for her company. "Partnering with Full Moon Sports associates us with top-notch individuals who can accelerate business in three major sectors," Cooper said. She pointed out that Approvely has completed necessary technological updates for pari-mutuel wagering and compliance-oriented partnerships for fantasy sports and sports betting, underscoring the importance of speed in these industries.
This strategic partnership is expected to drive significant growth and innovation within the industry. By combining their expertise, Full Moon Sports and Approvely aim to provide clients with robust tools and support, allowing them to focus more on the sports aspects of their businesses.
For more information about Full Moon Sports and its services, visit www.fullmoonsports.com. To learn more about Approvely, visit www.approvely.com.
