Sightline Payments Valuation, Funding & Investors

Sightline Payments is valued at $1B as of August 2021.

Last Sightline Payments valuation

$1B

Undisclosed stage · Aug 2021

Last Sightline Payments funding round

$244M

Undisclosed stage · Aug 2021

Cumulative funding Sightline Payments raised

$347M

across 4 funding rounds

Key investors in Sightline Payments

Sightline Payments Overview

About Sightline Payments

Sightline Payments is a Henderson-headquartered provider of digital payment solutions for gaming and sports betting. Its Play+ platform enables cashless transactions across online, mobile, slots, table games, and sports wagering at major casino resorts and lotteries like Golden Nugget and BetMGM. Recognized as a leading gaming technology product, Play+ integrates with hospitality systems for seamless consumer experiences.


Founded

2010

HQ

United StatesLas Vegas, NV

Status

Privately held

Customer focus

B2B

Revenue model

Commission

Valuation

$1B (Aug 2021)

Sightline Payments Valuation

Sightline Payments is currently valued at $1B, based on its undisclosed-stage round in August 2021.

The $244M round was led by Cannae Holdings, with participation from Genting, Point Break Capital Management and Walter Kortschak.

Sightline Payments' valuation has moved from $1B at its undisclosed-stage round in April 2021 to $1B in August 2021, across 2 priced rounds.

Sightline Payments valuation by funding round

Sightline Payments valuation by funding round
DateStageValuation
Aug 2021Undisclosed stage$1B
Apr 2021Undisclosed stage$1B

Sightline Payments Funding History

Sightline Payments has raised a total of $347M across 4 funding rounds.

Sightline Payments' first fundraising round was a $3M seed round in September 2016. The most recent completed round was a $244M undisclosed-stage round in August 2021.

Sightline Payments funding rounds

Sightline Payments funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2021Undisclosed stageCannae Holdings (lead); Genting; Point Break Capital Management; Walter Kortschak$244M$1BSightline Payments, a Las Vegas-based fintech founded over a decade ago by Omer Sattar, Tom Sears, and Kirk Sanford, provides secure payment solutions for online gaming, starting with New Jersey's 2013 launch, and has expanded into omni-channel cashless solutions for the gaming, sports, and entertainment industries. The company recently powered cashless offerings at Resorts World Las Vegas, partnered with Marker Trax for credit funding in sports betting, and acquired JOINGO, a leading casino mobile engagement and loyalty platform, to enhance its capabilities in casino gaming and hospitality. On August 17, 2021, Sightline completed a $244 million unattributed funding round led by Cannae Holdings, with participation from existing investors Genting Group (also referred to as Genting Berhad), Point Break Capital Management, and founding investor Walter Kortschak, achieving a post-money valuation over $1 billion and becoming Nevada's first fintech unicorn. This marked the company's second major raise in 2021, following a $100 million round in April that included Searchlight Capital Partners, with funds aimed at accelerating growth, digital transformation in North American gaming, and team expansion including new C-suite hires like CFO and Chief Legal Officer. Cannae Holdings Chairman William P. Foley II expressed strong confidence in Sightline's technology after its Resorts World deployment, positioning it at the forefront of industry innovation. CEO Joe Pappano highlighted the investor support enabling transformation of payments in casino gaming and hospitality. Legal counsel was provided by Latham & Watkins LLP.
Aug 2021AngelKortschak Investments L.P.$100K--
Apr 2021Undisclosed stageCannae Holdings (lead); William Foley II (lead); Shift4 Ventures; Searchlight Capital Partners; Genting; Vectr Ventures; Point Break Capital Management; Walter Kortschak; Kortschak Investments L.P.$100M$1BSightline Payments is a fintech company providing digital payment solutions for the gaming industry, enabling secure funding for online gaming experiences across sports betting, lottery, racing, online and brick-and-mortar casinos. Founded over a decade ago by Omer Sattar, Tom Sears, and Kirk Sanford, it launched with New Jersey's online gaming in 2013 and has grown to serve over 70 partners with more than 1.5 million accounts. The company focuses on transforming payments in casino gaming and hospitality through omni-channel cashless innovations. Just four months later in August 2021, Sightline announced a follow-on $244 million round led by Cannae Holdings (chaired by William P. Foley II), with participation from Genting Group, Point Break Capital Management, and founding investor Walter Kortschak (Kortschak Investments L.P.), valuing the company at over $1 billion and making it Nevada's first fintech unicorn. Funds from the August round were intended to support growth and execute the vision for digital transformation in gaming payments. Sightline expanded through the acquisition of JOINGO, a leading mobile engagement and loyalty platform for casinos. By 2023, Cannae reported a 9% indirect economic interest in Sightline (then called CSI) valued at $86 million.
Sep 2016SeedKortschak Investments L.P. (lead)$3M--

Who has invested in Sightline Payments?

9 investors have backed Sightline Payments across its funding rounds, including Kortschak Investments L.P., Walter Kortschak, Cannae Holdings, Genting, Point Break Capital Management and Vectr Ventures.

Lead investors include Cannae Holdings, William Foley II and Kortschak Investments L.P..


Sightline Payments Investors

Investors in Sightline Payments by funding rounds participated
InvestorHQRoundsRoleFirst check
Kortschak Investments L.P.United StatesAspen, CO3LeadSep 2016
GentingMalaysiaKuala Lumpur2ParticipantApr 2021
Point Break Capital ManagementUnited StatesMiami, FL2ParticipantApr 2021
Walter KortschakUnited StatesAspen, CO2ParticipantApr 2021
Cannae HoldingsUnited StatesLas Vegas, NV2LeadApr 2021
Shift4 VenturesUnited StatesWest Palm Beach, FL1ParticipantApr 2021
Searchlight Capital PartnersUnited KingdomLondon1ParticipantApr 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Sightline Payments

Sightline Payments has acquired 2 companies to date.

Last acquisition by Sightline Payments was on June 9th 2021. Sightline Payments acquired JOINGO for undisclosed valuation.


Latest Acquisitions by Sightline Payments

JOINGO
NRT Technology Corp
Description
-
NRT Technology Corp is a Las Vegas-headquartered provider of payment processing solutions for the casino industry worldwide. The Centre Payment Systems platform enables ATM access, credit advances, debit POS, and check cashing at cages and kiosks. NRT offers jackpot and ticket redemption software integrated with financial networks. Established in 1999, it serves properties in Nevada and Macau.
HQ CountryUnited StatesCanada
HQ City
Las Vegas, NV
Toronto
Deal Date9 Jun 202120 Sep 2017
Valuationundisclosed$300M
EV/Revenue
EV/EBITDA

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Investments by Sightline Payments

Sightline Payments has invested in 1 company to date.

Latest investment by Sightline Payments was on March 25th 2026. Sightline Payments invested in Advanced Digital Gaming Technology in their $250M Undisclosed stage round.


Latest Investments by Sightline Payments

Advanced Digital Gaming Technology
Description
Advanced Digital Gaming Technology (ADGT) is a UAE-based fintech platform offering payments and data intelligence for regulated digital markets, including commercial gaming.
HQ CountryUnited Arab Emirates
HQ City
Abu Dhabi
Deal Date25 Mar 2026
RoundUndisclosed stage
Raised$250M
InvestorsBlackstone; Raya Holding; NRT Technology Corp
Valuation$1B
EV/Revenue
EV/EBITDA

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Sightline Payments Competitors

Sightline Payments competitors include listed companies like Deluxe and Worldline, and private ones like Advanced Digital Gaming Technology, EBANX, Interswitch and Lydia.

Public and private companies comparable to Sightline Payments
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Advanced Digital Gaming TechnologyUAEAbu DhabiPrivate--$1B-
EBANXBrazilCuritibaPrivate--$1B-
InterswitchNigeriaLagosPrivate$300M-$1B3.3x
LydiaFranceParisPrivate--$1B-
DeluxeUnited StatesUnited StatesPublicly listed$2.1B$379M$1.1B1.2x
WorldlineFranceFrancePublicly listed$4.6B($5.2B)$887M0.7x

Sightline Payments Public Comps

Sightline Payments is still privately-owned, but its public comps include Deluxe, Worldline, PicPay, Fawry, Digital Garage, PaySign, SLR Digital Finance, Seshaasai, SZZT Electronics Co and LINE Pay Taiwan.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Deluxe$2.1B$379M1.2x1.2x6.7x5.6x
Worldline$4.6B($5.2B)0.6x0.7x(0.6x)3.8x
PicPay$1.2B$205M1.0x0.5x6.0x3.8x
Fawry$166M$73M6.8x5.2x15.4x9.6x
Digital Garage$263M$51M1.9x1.9x10.0x10.3x
PaySign$82M$16M8.3x6.4x43.3x20.7x
SLR Digital Finance$224M$219M6.2x6.9x6.4x-
Seshaasai$150M$41M3.9x3.7x14.4x14.2x

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Common questions about Sightline Payments

When was Sightline Payments founded?Sightline Payments was founded in 2010.
Where is Sightline Payments headquartered?Sightline Payments is headquartered in Las Vegas, NV, United States.
Is Sightline Payments publicly listed?No, Sightline Payments is a private, VC-backed company.
What is Sightline Payments' valuation?Sightline Payments was last valued at $1B in its undisclosed-stage round in August 2021.
How much funding has Sightline Payments raised?Sightline Payments has raised $347M across 4 funding rounds.
What was Sightline Payments' last funding round?Sightline Payments' last funding round was a $244M undisclosed-stage round in August 2021, led by Cannae Holdings.
Who are Sightline Payments' investors?Sightline Payments' investors include Kortschak Investments L.P., Genting, Point Break Capital Management, Walter Kortschak, Cannae Holdings, Shift4 Ventures, Searchlight Capital Partners, Vectr Ventures and William Foley II.
Which companies are comparable to Sightline Payments?Companies comparable to Sightline Payments include Advanced Digital Gaming Technology, EBANX, Interswitch, Lydia, Deluxe and Worldline.
How many companies has Sightline Payments acquired?Sightline Payments has acquired 2 companies, including JOINGO and NRT Technology Corp.
What was the largest acquisition by Sightline Payments?The $300M acquisition of NRT Technology Corp in September 2017 is the largest acquisition Sightline Payments has made to date.
How many companies has Sightline Payments invested in?Sightline Payments has invested in 1 company, including Advanced Digital Gaming Technology.
What was Sightline Payments' last investment?In March 2026, Sightline Payments invested in Advanced Digital Gaming Technology's $250M undisclosed-stage round alongside Blackstone, Raya Holding and NRT Technology Corp.

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