Praxis Tech and Stake form global payment partnership
The partnership will support Stake’s operations across multiple continents, hoping to ensure that transactions are fast, compliant and localized.
Payment orchestration platform Praxis Tech has announced a partnership with Stake to boost payment processing across the operator’s international markets.
The collaboration aims to deliver faster and more reliable payment experiences for players worldwide.
Commenting on the new deal, Amit Klatchko, Co-Founder and Director of Praxis Tech, stated, “Stake is an industry powerhouse, operating at a pace that few can match. At Praxis, we’re proud to support world-leading iGaming brands like Stake in achieving payment excellence on a global scale.
“This partnership reflects our shared commitment to innovation, agility and delivering frictionless, localized payment experiences that elevate the player journey.”
Brais Pena, Chief Strategy Officer of Easygo (owner of Stake), added: “Our focus at Stake is on scaling globally while maintaining reliability and trust for our players.
“Through our partnership with Praxis, we’re reinforcing our payment operations to deliver fast, flexible and secure transactions across all regions.”
Stake recently launched in Brazil’s newly regulated market in January 2025, partnering with Kambi to provide its turnkey sportsbook solution.
The operator also entered several other Latin American markets, including Colombia in May 2024 and Peru in August 2024.
Additionally, Stake Brazil recently collaborated with Brazilian football club Juventude to host an integrity workshop for players and staff, addressing match-fixing risks and ethical conduct.
However, Stake has faced regulatory challenges in the US, where California banned sweepstakes casinos in October 2025 through Assembly Bill 831, and the state filed a civil lawsuit against Stake.us in August, alleging breaches of unfair competition and false advertising laws.
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