ParlayBay successfully raises €1m in latest funding round


  • Tuesday 20 December, 2022
ParlayBay successfully raises €1m in latest funding round

ParlayBay has recently finalized its latest funding round and has raised a million euros.

Seeking to achieve and surpass their ambitious goals, ParlayBay has recently concluded an interim funding round that resulted in a million euros being raised. The firm plans to use the funds strategically to boost their growth and commercial output in the near future.

This move follows others ParlayBay has done to achieve improved results, such as their latest appointment of industry expert Fredrik Elmqvist as a board member.

Despite the challenging regulatory climate of the gambling industry, we have managed to achieve excellent results in our latest funding round, raising about a million euros. Additionally, Fredrik joining the company’s board of directors is another major milestone we achieved this year. We hope to use our recently raised funds to continue our excellent momentum and further excel next year.

remarked the chief executive officer of ParlayBay, Patrick Nordwall.

I have joined the firm at an incredibly exciting time and I cannot wait to see what the future has in store for us. Moreover, managing to raise a million euros in such a tough operating climate is a sign of ParlayBay’s excellent market position and the incredible strength of their offerings.

commented Fredrik Elmqvist.

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