SponsorPay Emerges from Stealth Mode, Building Virtual Currency Monetization Platform for Europe

The virtual goods market within social applications and games continues to grow at a torrid pace. And as the market is growing, competition is only getting more fierce. Today, a new company focused on helping European app and game developers monetize through virtual currency is coming out of stealth mode: SponsorPay.

Backed by Team Europe Ventures and headed by Jan Beckers, Berlin-based SponsorPay bills itself as “Europe’s virtual currency monetization platform.” Like many of its North American counterparts, SponsorPay is focusing on helping developers monetize through advertiser-financed virtual currency transactions.

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