
TipsterChat
- Founded
- 2018-01-01 in Barcelona, Spain
- Headquarters
- Barcelona, Spain
TipsterChat is a Barcelona-based technology company that operates a mobile-first marketplace connecting professional tipsters with sports bettors. Founded in 2018, the platform allows verified tipsters to create channels, publish betting picks, and monetize their expertise through subscriptions or one-time payments. Bettors can browse tipster profiles, view verified performance statistics, and subscribe to receive real‑time alerts on picks across football, basketball, tennis, esports, NFL, and other sports. The company explicitly states it is not an online casino or bookmaker – all activity is limited to the exchange of informational and educational content. TipsterChat generates revenue by taking a commission on each transaction, in addition to payment processing fees. As of its most recent financial filing (2023), the company reported revenue of approximately €2.19 million and an EBITDA of €516,704. TipsterChat has raised about $1.11 million in seed funding and is backed by investors including Wizard Partners. The platform claims more than one million users and facilitates over $10 million in winnings for tipsters. It operates globally, with a particular focus on Spanish‑speaking markets, Brazil, and other regions where sports betting is legal.
Detailed Review
History & Founding
TipsterChat was founded in 2018 by Daniel Flores Furriol, Alex Lopera, and Eloi Montes. The idea emerged from the founders’ own frustration with finding trustworthy, data‑driven sports betting advice. They built a platform that would give bettors transparent access to tipsters’ win records while allowing tipsters to build a community and earn income from their knowledge. The company initially launched as a web and mobile app in Spanish‑language markets before expanding internationally. In December 2019, TipsterChat raised €1 million in a seed round led by Wizard Partners, valuing the company at €5.88 million post‑money. That funding was used to enhance the platform’s features and fuel geographic growth.
Products & Platforms
- TipsterChat App (iOS & Android): The core product – a mobile marketplace where users can search for tipsters by sport, track record, or popularity. Tipsters can create free or paid channels, send picks via text, audio, or video, and receive instant notifications to subscribers. The app includes built‑in payment processing (via Stripe) and real‑time performance dashboards. - TipsterChat Web Platform: A complementary web interface at tipsterchat.com, offering the same functionality for desktop users. - Tipster Directory & Profile Pages: Each tipster gets a unique public link with their bio, social links, and all active channels, making it easy to share on social media. - Subscription & One‑Time Purchase System: Tipsters can choose recurring monthly subscriptions or pay‑per‑pick models. The platform handles billing and commission deductions. - Multi‑Language & Translation: The platform automatically translates picks and profiles into the subscriber’s language, enabling cross‑border communities.
Market Position & Recent Developments
TipsterChat operates in a niche but growing segment of the iGaming ecosystem. Unlike traditional tipster forums or social media groups, it offers verified pick history, centralized payment infrastructure, and a professionalised experience. The company has been particularly active in Brazil, where sports betting is rapidly expanding; in a 2024 interview, its CEO noted that “Brazil’s betting future lies in authentic connection.” The company competes with other tipster marketplaces such as BettingTips, Pickwise, and community‑driven platforms like Discord‑based groups, but differentiates through its focus on accountability and monetisation for tipsters.
Regulatory & Compliance
TipsterChat is incorporated in Spain and complies with EU data protection laws (GDPR). The platform explicitly prohibits under‑age users and restricts access in jurisdictions where sports betting information is illegal or restricted. It does not facilitate actual wagering; it only provides informational content. The company has a published Privacy Policy and Terms & Conditions detailing user obligations and disclaimers.
Key Products
Tipster Identity & Verification System
Reputation engine that tracks tipster win rates, ROI, and subscriber counts, enabling informed user choices.
Subscription & Payment Infrastructure
In-app purchases via Stripe, commission-based revenue model supporting recurring subscriptions and pay-per-pick purchases.
TipsterChat Mobile App
Primary iOS/Android app for buying and selling sports betting picks, including real-time alerts, payment processing, and performance dashboards.
TipsterChat Web Platform
Browser-based version of the marketplace offering the same functionality as the mobile app.
Offices & Headcount
30 employees (approx.)
Key Persons
- Carlos Sánchez
Speaker
- Daniel Flores Furriol
Co-Founder