Huddlestock Fintech

Huddlestock expands IaaS offering to Garantum Wealth Management

20.11.2024 16:50:21 CET | Huddlestock Fintech AS | Non-regulatory press releases

Huddlestock Fintech AS ("Huddlestock"), a leading investment technology and

services provider, has expanded its existing agreement with the Norwegian

Garantum Wealth Management AS ("Garantum"). Since May 2023, Huddlestock has been

delivering custody services to Garantum, and the expanded IaaS agreement now

includes a front-end solution to be delivered via API. The implementation is

expected in the first quarter 2025.

"With this agreement we are both demonstrating our ability to deliver products

across our end-to-end IaaS platform and our ability to upsell to existing

customers. Garantum's decision to expand their IaaS agreement with us fully

aligns with our vision to empower modern ?financial services and improving

end-user experiences," says Leif Arnold Thomas, CEO of Huddlestock.

Garantum is an as an affiliated agent of Garantum Fondkommission AB, a Swedish

wealth management firm established in 2004. Renowned for its expertise in

structured investments, the firm is a leader in private wealth management

operating across Sweden, Finland, and Norway.

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.

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

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 - https://www.huddlestock.com/

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17848032/18330303/5316/Download%20announce

ment%20as%20PDF.pdf

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