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Sport Alliance

“Can a vertical SaaS company fully digitize and financially embed itself into the fitness industry — from gym management software to payments, debt collection, and member financing — across Europe and beyond?”

Founded2011
HQHamburg, Germany
Total raised€60M
Latest roundGrowth Equity, 2021
IndustryVertical SaaS / Fitness
The story

Founded in 2011 as a gym management software company, Sport Alliance evolved into a multi-brand ecosystem (Magicline, PerfectGym, MySports, Finion) targeting the entire fitness industry vertical from SMB gyms to enterprise chains. With PSG's €60M growth investment in 2021, the company accelerated international expansion and M&A, acquiring PerfectGym in 2024. The embedded finance angle is central: Finion Capital provides direct debits, chargebacks, and financial services to gyms, Finion FairPay handles debt collection, and Magicline Payments (built on Adyen for Platforms) delivers embedded payment processing, turning Sport Alliance into a vertical SaaS platform with a meaningful fintech layer.

Last 12 months
2025-03
2024-10
2024-09
2024-05
2024-03
Product timeline
2011
Sport Alliance GmbH founded in Hamburg as a software provider for the fitness industry.· pivot
2021
Secured €60M growth investment from PSG to accelerate product development, go-to-market expansion, and M&A.· acquisition
2023
Launched Magicline Payments powered by Adyen for Platforms, offering gyms one-time, recurring, and terminal payment processing.· banking
2024
Acquired PerfectGym, an enterprise-grade gym management software platform, expanding into the leisure and aquatics sectors.· acquisition
2024
LifeFit Group, one of Germany's leading fitness platforms, migrated to Magicline.· banking
2025
Alexandar Vassilev appointed as new CEO of Sport Alliance.· pivot
Acquisitions
PerfectGym2024
Acquired PerfectGym, an enterprise gym management software platform, expanding Sport Alliance's coverage into enterprise fitness, leisure, and aquatics sectors.
source ↗
The stack
4 layers disclosed in Sport Alliance’s embedded-finance stack
Payments / PSP
Adyen for PlatformsStripeWorldpayGoCardlessAdyen
Money movement
in the full report
Lending
in the full report
Open banking
in the full report
Accounting gap: minor
4 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Sport Alliance — frequently asked

Who is Sport Alliance's payment processor?

Sport Alliance processes payments through Adyen for Platforms, Stripe, Worldpay, GoCardless and Adyen. Disclosed money-movement rails: SEPA.

Which open banking provider does Sport Alliance use?

Sport Alliance connects to bank accounts through GoCardless.

What is Sport Alliance's embedded finance stack?

The Embedded Finance Index 2026 maps 4 layers in Sport Alliance's stack: Payments / PSP (Adyen for Platforms, Stripe, Worldpay, GoCardless and 1 other); Money movement (SEPA); Lending (Finion Capital — membership fee protection / chargeback protection for gyms and Finion MemberCash — member cash/credit product); Open banking (GoCardless).

Where is Sport Alliance headquartered?

Sport Alliance is founded in 2011 and headquartered in Hamburg, Germany.

How much funding has Sport Alliance raised?

Sport Alliance has raised €60M in total (latest round: Growth Equity, 2021).

What companies has Sport Alliance acquired?

Sport Alliance's acquisitions include PerfectGym (2024).

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