Haploos

Joshua Arritola, Chief Executive Officer
joshua@haploos.com

Joshua Johnston, Chief Revenue Officer
j.johnston@haploos.com

Matt Anderton, Chief Technology Officer
m.anderton@haploos.com

Jason Miles, Chief Operations Officer
j.miles@haploos.com

Year of inception: 2008

Primary products and services: Haploos is a financial technology company that modernizes the payout experience for the gaming and lottery industries. Driven by the core belief that receiving winnings should be an instant, friction-free celebration, the company addresses traditional industry roadblocks like slow paper checks, multi-day ACH transfers, and retail cash-shortage turn-aways. To solve this, the company developed the Haploos Virtual Card, a secure, reloadable digital debit card that integrates directly into a player's Apple Wallet or Google Wallet within 30 seconds of an approved claim. This mobile-first solution offers players instant spending flexibility with zero transaction fees, protects retailers from depleting their physical cash till reserves, and provides lotteries with valuable aggregate data insights to drive engagement. Operating on a unique, fully self-funded financial structure, the program entirely offsets its upfront annual program costs through merchant transaction rebates, transforming a standard operational expense into a high-margin, continuous revenue stream for the organization.

Lottery customers: Washington's Lottery; The Ohio Lottery