Regulatory Filings • Feb 21, 2022
Regulatory Filings
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Huddlestock Fintech AS: Nordic news-site to offer its users a trading solution empowered by Huddlestock's Bedrock solution.
21.2.2022 08:48:44 CET | Huddlestock Fintech AS | Non-regulatory press releases
Stavanger, Norway, 20 February 2022 - Huddlestock Fintech AS, a provider of
innovative technology solutions to the capital markets, treasury and wealth
management industries, has signed an agreement with a leading Nordic investor
news site, counting more than 25.000 users. The agreement is part of a strategy
to expand Huddlestock's Bedrock offering towards financial news sites, enabling
them to offer low-cost trading solutions to their users alongside news and stock
recommendations. Huddlestock offers a white-label trading setup as a
plug-and-play Software-as-a-Service solution connected through APIs, allowing
financial new sites all over Europe to offer in-house trading to their users
together with news and stock recommendations.
"The boom in interest from retail-investors has created strong demand for white
label trading solutions from financial investor forums and news sites. The
pandemic has accelerated the appetite for trading amongst retail investors and
we see excellent opportunities for growth in the investor forum and news
aggregator space. Huddlestock offers a premier solution for investor forums and
financial news sites to expand their offering by adding low-cost trading
solutions, powered by best-in-class technology and solid infrastructure
partners," says John E. Skajem, Group CEO, Huddlestock Fintech.
Until recently, financial forums, analyst sites and news aggregators have not
had the opportunity to offer direct market access to their users. Through
Huddlestock's Bedrock trading technology and regulatory umbrella, this customer
segment can now offer their users a truly European trading experience. Building
on its vision of "democratizing wealth management", Huddlestock's
Software-as-a-Service solutions allow more players to enter the investment
industry, opening up and making investing accessible to a wider range of
investors.
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 & IR, +47 951 45 382, [email protected]
* John E. Skajem, CEO, +47 418 87 412, [email protected]
ABOUT HUDDLESTOCK FINTECH AS
Huddlestock Fintech delivers innovative 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 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/17848032/1221/1626/Download%20announcement
%20as%20PDF.pdf
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