Jake Dovey: Bridging the Payments Innovation Gap

Mar 24, 2025

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🎙 NEXT.io Podcast #230 with Jake Dovey, CEO & Founder of PayModum.

What’s next for payments in the iGaming industry? Jake Dovey from PayModum, explores the current state of payment innovation, emerging trends, and the impact of evolving financial technologies on operators and suppliers.

⏰ Timestamps:00:00 - Introduction00:38 - Sponsors02:08 - Why payments and innovation aren’t always connected04:26 - Lessons from Apple Pay, Klarna & adoption timelines08:30 - The real reason innovation sticks: user experience14:58 - Why crypto hasn’t delivered on its payment promise18:00 - Stablecoins & the path to real-world usability21:00 - How gaming operators adopted crypto before anyone else25:19 - USDC vs USDT: why some stablecoins gain trust27:57 - Monetary systems, inflation & the future of currency33:31 - Global economic shifts & crypto’s potential role39:39 - The political side of payments & decentralisation44:30 - Deglobalisation, instability & the rise of local payment models47:29 - Fragmented regulation: why licensing differs globally49:00 - Cross-border payments & where payment providers thrive50:45 - What’s next in payments: stablecoins, M&A, and new rails56:56 - IPOs, fintech cycles & the pressure to innovate58:02 - What payment companies can actually do better59:00 - The role of strategic partnerships in driving change1:00:15 - Why micro-payments haven’t scaled (yet)1:06:08 - Reducing friction in iGaming payments1:08:59 - What PayModum does differently: code-free integration1:13:05 - Helping global operators enter new markets1:16:46 - Growing without VC: challenges and philosophy1:18:08 - Vision for PayModum & Masato over the next 3 years1:20:02 - Closing thoughts

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This episode of NEXT.io is brought to you by:

Pragmatic Solutions – Leading iGaming platform technology.https://pragmatic.solutions/

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