TipsterChat is a Spanish betting recommendation application that was created last September.<\/p>\n
Now, three months later, it has just sold for the first time part of its shares for \u20ac1m in order to consolidate its position in the market.<\/p>\n
It has done so to well-known Spanish and UK investors.<\/p>\n
Firstly, it should be noted that does not define itself as a bookmaker<\/strong>.<\/p>\n Founded by Eloi Montes, Dani Flores <\/strong>and \u00c1lex Lopera<\/strong>all three with years of experience in the online world, the creation of startups, and the online gambling industry.<\/p>\n TipsterChat<\/a>launched in September 2019, features Vicen\u00e7 Mart\u00ed, entrepreneur and President of elrow<\/a>as senior advisor and partner.<\/p>\n It is intended to facilitate access to information and expertise.<\/strong>, referred to as tipsters<\/em>which until now have been working from decentralised channels such as Telegram<\/a> or Whatsapp.<\/p>\n In addition, aims to establish its responsible gambling proposal<\/strong>.<\/p>\n It is available in the Play Store<\/em>, AppStore<\/em> and soon in web format.<\/p>\n The business model<\/strong> TipsterChat consists of the\u00a0unlocking premium content<\/strong>.<\/p>\n Thus, although 80% of the published content is free, there is paid content that is unlocked through coins.<\/p>\n It is the Tipster<\/em> who decides independently on the price of access to their tips<\/em> or if you prefer to share them for free.<\/p>\n During these first months of life, the company has exceeded 110,000 euros in turnover and 13,000 registered users.<\/p>\n The aim is to reach 10,000 active users by early 2020.<\/p>\n At this time, the tipsters<\/em> have published more than 800 tips<\/em>which yielded a return of 18%.<\/p>\n So far, the TipsterChat team has developed its technology with in-house talent and in-house resources.<\/p>\n However, this December has sold<\/a>The company has, for the first time, part of its shareholdings in a financing round<\/a> de\u00a01M\u20ac<\/strong>.<\/p>\n Well-known private investors from Spain and the UK have participated in the project.<\/p>\n With this sale, the company seeks to grow and establish a product that aims to help gambling in a responsible way and at the same time educate the user.<\/p>\n The application allows them to access statistics, information or directly copy the bets of professional tipsters to be able to bet with more knowledge.<\/p>\n It is a American sports media firm with a focus on underwriting<\/strong>.<\/p>\n<\/span>UNLOCKING CONTENT<\/span><\/h2>\n
<\/span>ENTRY OF PRIVATE INVESTORS<\/span><\/h2>\n
<\/span>OTHER SIMILAR ROUNDS IN THE SECTOR<\/span><\/h2>\n
<\/span>THE ATHLETIC<\/span><\/h3>\n