Ivan Montik’s Impact on iGaming and Cryptocurrency Payments
Ivan Montik, a Belarusian entrepreneur, has emerged as a pivotal figure at the crossroads of iGaming and cryptocurrency payment processing. As the founder and CEO of SoftSwiss, a prominent provider of crypto-driven online casino solutions, and a co-founder of CoinsPaid

Ivan Montik, a Belarusian entrepreneur, has emerged as a pivotal figure at the crossroads of iGaming and cryptocurrency payment processing. As the founder and CEO of SoftSwiss, a prominent provider of crypto-driven online casino solutions, and a co-founder of CoinsPaid, a crypto payment processor based in Austria and Estonia, Montik has established himself as a key player in high-risk industries. Although CoinsPaid officially lists Austrian Alexander Horst Riedinger as its beneficial owner, Montik’s influence continues to be a topic of speculation.
The Belarusian Entrepreneur
Montik’s career trajectory showcases his innovative mindset in technology and business. After transitioning from media and banking to tech entrepreneurship, he founded SoftSwiss, which has become a global leader in merging cryptocurrency with online gaming solutions.
Key Achievements of SoftSwiss
– Specialization: Development of online casino platforms integrated with cryptocurrency.
– Products:
White-label casino solutions.
The SOFTSWISS Game Aggregator, which connects thousands of games.
– Performance:
Processed over €13 billion in bets monthly in Q1 2024.
Serves 1,052 brands worldwide.
SoftSwiss’s innovations and achievements in the iGaming industry have cemented its status as a market leader.
The CoinsPaid Connection
While SoftSwiss is Montik’s flagship venture, his association with CoinsPaid adds an intriguing dimension to his professional profile. Although CoinsPaid is officially managed by Alexander Horst Riedinger and Maksym Krupyshev, Montik’s personal website and professional statements imply a more significant involvement.
CoinsPaid’s Role
Specializes in cryptocurrency payment processing for high-risk sectors, including online gambling.
Established legal entities in jurisdictions such as El Salvador, taking advantage of its Bitcoin-friendly regulatory framework.
Montik’s co-founding of A.R. Merkeleon GmbH with Riedinger further highlights his strategic approach to crypto ventures, offering white-label solutions for cryptocurrency exchanges.
A Dual Facade of Leadership
Montik’s dual role as a public innovator and a behind-the-scenes strategist reveals a multifaceted leadership style:
Public Persona:
Advocates for intelligent regulation in emerging markets like Brazil.
Collaborates with prominent figures, including sports personalities like Rubens Barrichello, to boost corporate visibility.
Behind-the-Scenes Influence:
Allegedly guides strategic decisions at CoinsPaid.
Exhibits a profound understanding of regulatory and cultural dynamics.
A Complex Web of Influence
Montik’s ventures span various jurisdictions, intertwining innovation with operational opacity. His businesses leverage cutting-edge technology and regulatory loopholes to maintain a stronghold in the high-stakes online casino and cryptocurrency payment industries.