Business and Financial Review • Mar 14, 2022
Business and Financial Review
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Huddlestock Fintech AS (OSE: HUDL): Northern European investment club chooses Huddlestock's Bedrock solution to launch a retail trading offer.
14.3.2022 09:17:18 CET | Huddlestock Fintech AS | Non-regulatory press releases
(Stavanger, NORWAY - 14 March 2022) Huddlestock Fintech AS (OSE: HUDL): Northern
European investment club chooses Huddlestock's Bedrock solution to launch a
retail trading offer.
Huddlestock Fintech AS, a provider of innovative technology solutions to the
capital markets, treasury and wealth management industries, has signed an
agreement with a Northern European investment club of sophisticated retail
traders. The investment club has choosen Huddlestock's Bedrock solution to
launch a retail trading offer.
Powered by Huddlestock's white-label trading solution Bedrock, and hosted under
Huddlestock's regulatory umbrella, the Northern European investment club will be
able to offer its members access to trade global capital markets directly from
its platform. Through Bedrock, the investment club will be able to offer its
members the opportunity to trade more than 35,000 financial instruments,
including equities and ETFs, alongside stock recommendations and its
sophisticated market intelligence investor tool.
"We are excited to embed Huddlestock's Bedrock trading solution into our
platform. Allowing our members to translate their investment ideas into real
trades directly from our site, adds a significant and new dimension to our
customer offer. Capturing real user trades through our own platform will
increase our share of customer wallet, translating into new avenues for growth,"
says the CEO of the Northern European investment club.
"The secular growth trend in retail trading, driven by a shift in generational
wealth has created strong demand for white label trading solutions from
financial investment platforms and marketplaces. Huddlestock's plug-and-play
Software-as-a-Service trading solution connected through APIs offers platforms
and marketplaces, offers the opportunity to add low-cost trading to their client
offering, powered by best-in-class technology and solid infrastructure partners,
allowing us to deliver on our mission to democratize access to capital markets
through technology" says John E. Skajem, Group CEO, Huddlestock Fintech.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Cecilia Luras, Director of Strategy & Investor Relations, +47 951 45 382,
* John E. Skajem, CEO, +47 418 87 412, [email protected]
ABOUT HUDDLESTOCK FINTECH AS
About Huddlestock Fintech:
Huddlestock Fintech is an innovative technology software provider with a leading
expert professional services business. We deliver innovative and sustainable
technology solutions to the capital markets, treasury and wealth management
industries.
Through its technology offering, Huddlestock offers an innovative, compliant,
and data-centric WealthTech SaaS, accelerating the digital transformation, and
trends of hyper-personalization and on-demand banking within the wealth
management industry. Huddlestock's SaaS empowers the embedding of low-cost,
efficient white-label trading and investment services, underpinning
Huddlestock's mission of delivering financial inclusion by democratizing access
to capital markets.
Through its world-class expert professional services business, Huddlestock
delivers strategic technology solutions and process automation for the financial
services industry. This range of services has propelled Huddlestock into
becoming the preferred supplier of financial consultancy services and technology
solutions in the Nordic region. Huddlestock Fintech AS is regulated by Bafin and
was listed on Euronext Growth Market 26 November 2020, as Norway's first fintech
company to be publicly traded.
For more information, please visit www.huddlestock.com -
http://www.huddlestock.com
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/1273/1709/Download%20announcement
%20as%20PDF.pdf
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