Zeal Investments, the newly created investment arm of the German online lottery broker, has completed its first deal by investing £1m in the Free Postcode Lottery (FPL).
The FPL is a free-to-play online lottery platform supported by advertising sales, which has grown organically since its launch in 2011 with revenue expected to hit £1m in 2016, with earnings before tax of £400,000.
It currently boasts 300,000 daily active users, and is described by ZEAL as "the top free to [...]