Business
Joint Venture Launch: iGaming Software Development
NYCE International PLC has entered a joint venture with Spandan Manhata to launch Innovassion Limited, a new iGaming software development company where NYCE will be the majority shareholder. Innovassion will acquire Spandan Manhata's existing iGaming software assets, which include a multi-tenant casino platform, PAM, CRM, CMS, and a portfolio of games, and will be operated under NYCE's commercial guidance with a team of over thirty engineers. This venture, which has already secured its first client, aligns with NYCE's strategy to deepen its involvement in proprietary technology and venture-led growth, expanding its services across affiliate marketing, payments, crypto, and now software development. Disclaimer*
About this update from Nyce International Plc
[{"type":"text","content":"\n\nNYCE International PLC\nJoint Venture to Launch a New iGaming Software Development Company\n \nLondon, UK - NYCE International PLC (AQSE: NYCE), a London-listed gaming marketplace, advisory, and technology company, has announced that it has entered into a joint venture agreement with Spandan Manhata (\"SM\") who has developed a number of dedicated software assets initiative focused on the global iGaming industry. A newly established JV will acquire these assets into a legal entity named \"Innovassion Limited\". NYCE will be the majority shareholder under this agreement.\n \nInnovassion will operate as a standalone software development company under NYCE's commercial guidance and leveraging NYCE's global network, industry relationships, and market access.\n \nThe new venture will focus on building scalable online casino solutions, proprietary gaming content, and modular iGaming technology designed to meet the needs of operators across regulated and emerging markets.\n \nThe existing technology stack includes a multi-tenant casino platform, player account management (PAM), CRM, CMS, real-time analytics, payment and compliance modules, and a growing portfolio of in-house games. The platform also supports sportsbook integration and advanced custom modules such as bonus engines, loyalty systems, and gamification tools.\n \nSpandan Mahanta brings extensive experience in online gaming platform development, game creation, and systems integration. The technical team consists of more than thirty (30) engineers and developers, with a strong track record in delivering scalable, compliant gaming solutions. A significant portion of the game portfolio is certified, reinforcing its commitment to international regulatory standards and quality.\n \nUnder the joint venture structure, NYCE International will oversee commercial strategy, sales and marketing, financial management and compliance, while the technical team will lead platform development, game creation, and ongoing client management and system maintenance.\n \nThe joint venture has already secured its first client through NYCE's network, validating both the platform and the commercial demand for its offering, and setting the foundation for further growth and deployment.\n \nFarzad Peyman CEO, NYCE International PLC:\n\"Innovassion represents ou...