MiFinity CEO Paul Kavanagh: Understanding the pressure
The MiFinity CEO explains where he believes iGaming’s future will lead and how the payments processing experience can directly impact the success generated by operators.
As the iGaming sector continues to scale globally, the complexity of moving money efficiently across borders has become a defining operational challenge. While much attention is paid to player acquisition and front-end experience, it is increasingly the speed, reliability and governance of payments behind the scenes that determine how well operators can grow and sustain their businesses.
MiFinity has built its position in the industry by focusing on this operational reality. Licensed in both the UK and Malta and therefore closely connected to the island’s iGaming ecosystem, the company works with operators and B2B partners to simplify how funds move across markets and currencies.
“Payments are no longer a support function,” says Paul Kavanagh, CEO of MiFinity. “They directly impact player satisfaction, partner relationships and regulatory confidence. When payments don’t work well, growth slows very quickly.”
Collaborating across the iGaming ecosystem
As a leading global payments provider specialising in solutions for the iGaming industry, MiFinity offers a broad range of services designed to support both growth and operational efficiency. These include its flagship MiFinity eWallet, developed specifically for iGaming players, alongside a suite of payment solutions tailored to the complex needs of international operators.
Beyond individual products, MiFinity works collaboratively across the iGaming ecosystem to support a sustainable, well-governed industry. By engaging closely with operators, platform providers and other stakeholders, the company focuses on delivering innovative payment solutions that balance performance with transparency, security and regulatory responsibility.
Solving the payout problem at scale
That balance between innovation and efficiency becomes particularly critical when operators need to move money out of the business. Player withdrawals, affiliate commissions and supplier payments often depend on fragmented banking relationships, slow international settlement processes and inconsistent pricing structures.
As operators expand beyond domestic banking networks, traditional cross-border transfers can introduce delays, FX costs and administrative overhead that impact both player experience and partner relationships.
“Payouts are where trust is either reinforced or lost,” says Kavanagh. “If players or partners experience delays, it reflects immediately on the operator.”
MiFinity’s PayAnyBank service was developed to address this problem, enabling operators and B2B companies to make fast, reliable payouts directly to bank accounts in local currencies across more than 120 countries.
The service supports both high- and low-volume payment flows, with per-transaction pricing and API connectivity that enables automated payouts. It is also widely used for B2B payments, such as affiliate commissions and supplier settlements, helping consolidate multiple payment processes into a single framework.
A broader payments proposition
While PayAnyBank has become a core service for many clients, MiFinity continues to innovate across its wider payments offering, with a strong focus on enhancing the customer experience. Ongoing investment in the MiFinity eWallet has seen new features and functionality introduced to improve usability, security and speed, ensuring the product evolves in line with player expectations and operator requirements.
MiFinity has also focused on how those services are experienced within the cashier. Its iFrame technology allows operators to integrate MiFinity directly into their existing environment, creating a consistent, branded payment journey without redirecting users away from the platform.