SCUTI AND LENDERWIZE TEAM UP TO IMPROVE REVENUE AND CASH FLOW FOR GAME DEVELOPERS
Scuti extends value with strategic alliance with Lenderwize to provide game makers with access to immediate working capital
NEW YORK, NY, USA, November 10, 2022 /EINPresswire.com/ — scuti and lenderwize announced a strategic alliance that gives game makers and vendors access to Lenderwize’s premier fintech platform to accelerate micro-transactions and ad receivable payments.
The partnership will allow Scuti to offer Lenderwize services to all game manufacturers and sellers, giving them access to immediate cash and flexible financing solutions. Through Lenderwize, game makers and Scuti Network vendors can get paid for their exceptional revenue from gCommerce, in-game micro-transactions, and advertising.
“Scuti was designed as a platform that benefits gamers, game makers and vendors,” said Nicholas Longano, CEO of Scuti, “We are excited to offer Lenderwize’s platform as a tool for help game makers with their cash flow needs. With Lenderwise, game creators can now receive payments immediately rather than waiting for standard platform owner and ad platform payment terms of up to 60 Scuti connected game creators can now be immediately paid in advance of their earnings.
Lenderwize provides globally integrated financing capabilities through a digital marketplace to help telcos access working capital and is currently expanding to help game developers with cash flow challenges.
Lawrence Gilioli, CEO and Co-Founder of Lenderwize, said, “Lenderwize is extremely pleased to partner with Scuti and help its partners and game makers meet their cash flow needs by providing access to the turnover associated with the traditional invoicing process. Lenderwize has been successful in providing clarity and funding in other hard-to-understand markets and seeks to do the same with Scuti and the gaming ecosystem.
Scuti’s Rewarded Marketplace was designed to provide gamers with a universal system of purchases and rewards in their video games. Players can earn rewards by making purchases, leveling up, watching videos, or attending eSports events. Scuti helps sellers sell directly to gamers without interfering with their gameplay. Scuti benefits all parties with the perfect trifecta, rewarding and retaining players, generating accretive revenue for game makers, and providing brands with a new sales and direct marketing channel.
Scuti is the pioneer of award-winning gCommerce, accessible through video games and metaverses connected to the Scuti network. Scuti’s Marketplace offers players direct access to select products, promotional offers and exciting rewards, which can be exchanged for virtual in-game items, exchanged for local currency or to purchase physical goods from the catalog Scuti.
Scuti was built by video game industry veterans from Blizzard, Epic, Zynga, EA and Microsoft Games Studio and is a portfolio company of Fasanara Capital Group’s investment house. Fasanara Capital is a boutique alternative asset manager offering access to a variety of inventive niche multi-asset limited capacity products. The fund manages approximately $3.0 billion in assets.
About Lenderwize Ltd.
Lenderwize is the leading Fintech funding platform, financing the digital economy. Lenderwize’s patent-pending platform mitigates risk for all parties and provides working capital for customers who get their invoices paid in days instead of months.
Customers include wholesale telecom carriers in the areas of voice, SMS, data, digital content providers, direct carrier billing aggregators, video streaming providers, digital advertisements and others in the gaming ecosystem.
For more information visit: https://lenderwize.com
For more information, please contact: [email protected]