OKTO appoints André Boesing as South LatAm General Manager
Online payments company OKTO has appointed André Boesing to be its new General Manager for South Latin America.
As part of the new role, Boesing will oversee the company’s operations and strategic development across various southern Latin American countries, including Argentina, Chile, Uruguay, Paraguay, and Bolivia.
OKTO stated that his responsibilities will include guiding the company’s work on payment processing, settlement infrastructure, and related financial services used by merchants across the region.
Boesing brings 24 years of experience to his role. He has worked for various payment groups, including Kalixa Group, Smart2Pay, and Bibit Global Payments, among others. His background also includes leading market expansions in Europe, Asia, and Latin America.
Speaking about his appointment, Boesing said he was looking forward to supporting the company’s development in South Latin America. At the same time, OKTO Chief Executive Edward Chandler, described the appointment as a “significant organizational step.”
OKTO Chief Executive for Latin America Leonardo Montenegro Chaves also emphasized Boesing’s regional familiarity along with the company’s long-term strategy, adding, “His leadership will be instrumental as we advance OKTO’s presence, offering, and infrastructure across South LatAm. We’re thrilled to welcome him and confident that his experience will accelerate our mission to redefine digital payments in the region.”
Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more.
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The Backstory
Why this leadership move lands now
OKTO’s decision to name a South Latin America general manager arrives as the region’s gambling and payments infrastructure shifts from opportunistic growth to scaled execution. Operators and suppliers are racing to localize products, strengthen compliance and streamline settlement in markets that are opening in uneven steps. Brazil is moving toward a fuller regulatory framework, Argentina remains fragmented by province, Chile’s legislative outlook is fluid, and Uruguay and Paraguay are still smaller but rising. In that context, the role demands a builder who can knit together on-the-ground relationships with bank partners, merchants and regulators while tuning product for diverse payment behaviors.
The playbook is getting more specialized across Latin America. Companies are hiring market-facing executives with deep local networks, tightening legal processes and prioritizing instant, low-friction money movement that meets AML and KYC rules. That is driving a wave of senior appointments and targeted launches across content, platform and payments that set the backdrop for OKTO’s bet on South LatAm leadership.
A region crowded with new dealmakers
Content suppliers and B2B platforms are staffing up to capture operator budgets from Mexico to the Southern Cone. B2B esports and sports content provider Beter named a Latin America business development lead to sharpen commercial outreach, saying fast-betting formats are now table stakes for operators across the region. The company elevated Juliana Querino to the role, with the goal of expanding relationships from Brazil to Peru as it grows beyond its ESportsBattle and Setka Cup properties. Read more about Beter’s move in its LatAm business development appointment.
EGT Digital also added senior coverage, appointing Andres Troelsen to head regional iGaming sales. Troelsen brings more than 20 years in regulated LatAm markets and is tasked with accelerating the brand’s reach in a competitive field. EGT called Latin America strategically critical for its portfolio, underscoring how sales-led execution has become just as important as product fit. Details are in EGT Digital’s regional sales leadership announcement.
Beyond content and platform sales, legal leadership is becoming a differentiator as operators and suppliers confront evolving rules. Relax Gaming appointed a new general counsel with long experience in online gaming to reinforce legal strategy and compliance through market changes. The company highlighted leadership continuity as it expands in regulated jurisdictions, including the United States after entering New Jersey in late 2023. See Relax’s update on its new general counsel.
Payments are the battleground
The fastest-growing competitive front is payments, where speed, reliability and data integrity can determine acquisition cost and player lifetime value. Mexico is emerging as a proving ground. Neosurf entered the regulated market with a cash-to-digital wallet focused on meeting consumer preferences and operator compliance goals. The company argues that service gaps around customer support, compliance workflows and payment efficiency are holding back operator performance, positioning its product to fill those holes. The launch includes a Compliance Handshake feature for secure data sharing and a first wave of SEGOB-licensed partners. Dive into the details of Neosurf’s Mexico entry.
Cash-centric behavior remains sticky in many Latin American markets. That reality creates friction for digital operators but also an opening for providers that can bridge retail cash, mobile wallets and instant transfers. Payments firms that can normalize disparate rails, automate settlement and reduce chargebacks while satisfying AML and KYC requirements are becoming essential vendor partners. For suppliers, the thesis is clear: own the transaction layer and you influence onboarding, retention and compliance costs across entire portfolios of operators.
That is why region-specific leadership matters. Payment ecosystems in Argentina and Chile differ from Mexico, not only on consumer behavior but also on bank integrations, tax treatment and chargeback regimes. Building resilient routing and reconciliation in each market demands local decision-making and partner management.
Regulation and market momentum set the stakes
Latin America’s growth runway is pulling more global suppliers into the region, yet rules and licensing vary widely. In Mexico, analysts expect rapid expansion in the regulated market over the next decade, which is attracting international brands and payments specialists that can navigate SEGOB oversight and cash preferences. Neosurf’s partnership with Fun88 Mexico underscores this mix of opportunity and complexity, emphasizing frictionless transactions alongside enhanced AML and KYC controls, as described in the Mexico launch announcement.
Brazil sits at the center of the regional conversation. Suppliers across content and platform say the market could reset global iGaming growth trajectories once regulations and licensing are fully implemented. That expectation is drawing companies to localize game libraries and prepare compliance frameworks. CT Interactive, for example, said it is on the verge of a Brazilian license and has curated titles for local preferences following its showcase at ICE Barcelona 2025. The company also broadened its business development remit across Asia, Europe, the Middle East and Africa, highlighting the importance of cross-regional learning as firms scale. See CT Interactive’s update on its expansion and Brazilian focus.
At the same time, the United States offers a playbook for compliance-heavy growth. Relax Gaming’s U.S. entry via New Jersey under a transactional waiver, alongside a reinforced legal bench, signals how companies are preparing for scrutiny in Latin America by investing in governance that travels. More on Relax’s legal strategy is in its general counsel appointment.
What to watch as competition intensifies
Expect more region-specific hires, not only in sales but also in compliance, payments operations and data analytics. Companies that pair local leadership with modular tech will likely move fastest as regulations evolve and new payment methods gain traction. Operators will keep leaning on vendors that can turn compliance into a commercial edge through faster onboarding and higher authorization rates.
On the content side, the push toward fast-betting and always-on tournaments suggests deeper partnerships between sportsbooks and providers with proven uptime and integrity monitoring. B2B firms that can package live operations, data reliability and localization will win procurement cycles, as seen in Beter’s LatAm commercial buildout and EGT Digital’s regional sales push.
Payments will remain the hinge. Mexico’s scale and Brazil’s regulatory cadence are likely to determine which vendors set the standard for settlement speed, chargeback control and compliant data exchange. Neosurf’s cash-to-digital strategy in Mexico offers an early test case. Companies that align that level of operational rigor with embedded local leadership will be better positioned to capture share as Latin America’s iGaming market matures.
