Enhanced Cooperative Secures Major Funding to Fuel European iGaming Dominance

Enhanced Cooperative, a firm based in Denmark recognized for developing systems that steer users through the online wagering landscape, has obtained a substantial financial infusion. They’ve secured a $41.3 million credit facility from Nordea Bank, supplementing an existing $12.16 million line of credit with Danske Bank. This brings their total capital available for upcoming purchases to a considerable $53.46 million.

This fiscal maneuver indicates Enhanced Cooperative’s ambitious expansion plan. Their objective is to become the dominant iGaming partner in Europe, and they are employing acquisitions to achieve this goal. Having already acquired eight companies in 2017 and two more in 2018, they exhibit no indication of reducing their pace. As their Chief Executive Officer, Jesper Søgaard, states, this cash influx will “propel the continuation” of their prosperous acquisition spree.