“Can a tech-led, data-driven online sportsbook build sustainable scale in Australia and Canada after exiting a costly US expansion?”
Founded in 2015 and launched in Australia in 2017, PointsBet grew into one of Australia's largest online bookmakers offering both fixed odds and spread betting. It went public on the ASX in 2019 and aggressively expanded into the US, partnering with payments infrastructure (Trustly, Cross River) to enable instant payouts. After divesting its US business in 2024, PointsBet refocused on Australia and Canada, and in 2025 was acquired by MIXI, Inc., a Japanese digital entertainment company.
Pointsbet discloses Cross River Bank as its banking provider, according to the Embedded Finance Index 2026.
Pointsbet does not disclose a bank charter of its own; its banking services are provided through Cross River Bank.
Pointsbet processes payments through Trustly.
The Embedded Finance Index 2026 maps 3 layers in Pointsbet's stack: Payments / PSP (Trustly); Banking / BaaS (Cross River Bank); Sponsor bank (Cross River Bank).
Pointsbet is founded in 2015 and headquartered in Melbourne, Australia.
Get a read on where your own stack stands against Pointsbet and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.