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Huddlestock Fintech

Related Party Transaction Feb 18, 2025

3624_rns_2025-02-18_c5eb650d-538f-4a9f-9439-0b61663fc286.html

Related Party Transaction

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Huddlestock consulting business, Visigon, extends contract with the Export and Investment Fund of Denmark

Huddlestock consulting business, Visigon, extends contract with the Export and Investment Fund of Denmark

18.2.2025 15:53:19 CET | Huddlestock Fintech AS | Non-regulatory press releases

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

services provider, has through its consulting business, Visigon, extended its

existing agreement with the Export and Investment Fund of Denmark ("EIFO").

Visigon delivers a Software-as-a-Service Treasury-system to EIFO in partnership

with Nasdaq Financial Technologies.

"This perfectly aligns with our strategy as we transition from consultancy-based

contracts to long-term service agreements, taking defined responsibility for

managing, maintaining, integrating, upgrading, and supporting applications."

said Lars Brink Thomsen, CEO of Visigon. "We are delivering a secure and

scalable solution to EIFO in collaboration with Nasdaq as partner, and look

forward to continuing our strong collaboration"

The Export and Investment Fund of Denmark is a government-backed financial

institution that supports the international growth and development of Danish

businesses. The Fund offers a range of financial services, including loans,

guarantees, and investments, to help Danish companies expand their operations

abroad and strengthen their competitive edge in global markets.

"Visigon has been a valued partner for EIFO, and we are pleased to extend our

collaboration with them. This agreement not only strengthens our operational

capabilities but also aligns with our goal to modernize and scale our services.

With Visigon's expertise in both technology and finance, we are confident in our

continued success in supporting Danish businesses and expanding our investment

offering", says Rasmus Sindal Jørgensen, Head of Treasury at EIFO.

Scalable IT-solutions for Financial institutions

Through the agreement, Visigon delivers on its strategy on moving from

traditional IT-services to an integrated partner with outsourcing services.

Visigon enhances its product offering from a sole consultancy-based contract to

also including a software service element. Visigon will assist EIFO with

handling cloud hosting, maintenance, security, IT compliance, support,

customization, and development of the software.

"It is through partnerships like this, we prove our ability to serve reputable

clients with our financial services. With a respected financial institution like

EIFO, Visigon further solidifies its role as a trusted go-to partner for

companies seeking to enhance and grow their investment offerings, committed to

delivering the best solutions for our clients," says Leif Arnold Thomas, CEO of

Huddlestock.

Visigon bridge the gap between finance and technology in the evolving landscape

of capital markets and treasury, through Vendor solutions, Advisory services and

Software development. The group company provide industry-leading expertise with

a personalized approach, tailoring our services to the unique needs and goals of

every client.

CONTACTS

* Leif Arnold Thomas, Chief Executive Officer, Huddlestock Fintech AS, +47 982

15 520, [email protected]

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/17848032/18426794/5645/Download%20announce

ment%20as%20PDF.pdf

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