Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Finans |
| Industri | Övriga finansiella tjänster |
18.9.2024 13:28:20 CEST | Huddlestock Fintech AS | Non-regulatory press releases
Huddlestock Fintech AS ("Huddlestock"), a leading investment technology and services provider, has extended and expanded its existing Investment-as-a-Service (“IaaS”) agreement with a Swedish-based global asset manager. The agreement includes the delivery of software, back-office operations and end-customer solutions.
“This once again highlights our ability to drive growth through existing clients,” says Leif Arnold Thomas, CEO of Huddlestock. “The agreement will elevate the quality of services provided and enable us to deliver new, innovative solutions, such as enhanced end-customer offerings.”
The customer, a global asset manager based in Sweden, provides investment solutions to leading institutions, companies and private individuals.
Huddlestock operates in a self-reinforcing growth market characterized by an increasing number of investment platforms, more investors, and evolving investor preferences. By using Huddlestock's IaaS platform, businesses can access investment tools and expertise without the need for extensive infrastructure or in-house resources, allowing them to quickly deploy modern and cost-effective financial services solutions. Huddlestock's IaaS revenue is driven by recurring license fees, assets under administration and transaction fees.
Within its existing geographical markets, Huddlestock sees significant untapped potential for its services. The company is pursuing this by upselling to existing customers and forging new customer relationships. Upselling activities are an effective way to drive growth without high acquisition costs. Upselling adds value to existing customers and provides Huddlestock with valuable insights into evolving customer needs, strengthening Huddlestock's ability to capitalize on emerging opportunities.
Contacts
- Leif Arnold Thomas, Chief Executive Officer, Huddlestock Fintech AS, +47 982 15 520, leif.thomas@huddlestock.com
About Huddlestock Fintech AS
Huddlestock is an innovative technology software provider through its Investment-as-a-service offering, with full operational service support and a leading financial Consultancy services business. We deliver innovative and sustainable technology and operational solutions to companies offering financial products and services.
Find out more at huddlestock.com