The largest independent mobile gaming studio in Southeastern Europe will use the capital to scale its player base and expand its growing portfolio of casual titles globally
Two Desperados, the largest independent mobile gaming studio in Southeastern Europe, announced today it has secured $20 million in user-acquisition (UA) financing from fintech platform PvX Partners. The studio will use the capital to scale growth across its portfolio of titles and bring its games to more players worldwide.
With over 30 million downloads across its portfolio, Two Desperados has built a proven track record of developing high-quality, player-centric mobile experiences. Its growing catalog includes Nonogram Crossing Logic Puzzle, Marble Shooter: Viola’s Quest and Marble Woka Woka, which has demonstrated the studio’s ability to build titles that resonate in a competitive casual gaming market.
“This partnership with PvX marks a turning point for Two Desperados,” said Vojislav Milutinovic, Founder and CEO of Two Desperados. “We’ve built games that players love, now we have the fuel to make sure the world finds them!”
PvX provides revolving facilities to mobile games and consumer app companies for user acquisition, offering non-dilutive, scalable capital as an alternative to traditional venture capital and debt financing. As a leader in UA financing, the firm enables studios to scale marketing spend in line with performance, without giving up equity or creative control. Demand for the model continues to grow as studios seek flexible capital solutions at key moments of growth.
Because the financing is non-dilutive, Two Desperados will retain a larger ownership stake while still being able to accelerate user acquisition efforts behind its expanding portfolio.
