Huddlestock Fintech has at the moment been admitted to buying and selling on Merkur Market (ticker code: HUDL-ME).
Huddlestock Fintech provides two foremost merchandise: a digital resolution for custody banks and a buying and selling connectivity resolution for service suppliers. “The markets for digitalization of the wealth management industry is growing rapidly. Our connectivity solution has the potential to disrupt the market for asset management products and securities trading,” mentioned John E. Skajem, CEO in Huddlestock Fintech in a press launch.
Just lately, Huddlestock Fintech raised NOK 6.2 million by way of a non-public placement. “Being listed on Merkur Market will be a driver for growing the company, as well as an opportunity for investors to take part in the exciting and rapidly growing market,” mentioned Øyvind Hovland, Chair of the Board and co-founder of Huddlestock Fintech.
The shares within the new concern had been bought at NOK 2.10 per share, comparable to an fairness value of NOK 230 million.
Merkur Market will likely be renamed Euronext Development 30 November as a part of the transition to Euronext’s buying and selling platform Optiq.
About Huddlestock Fintech Huddlestock Fintech is a WealthTech firm that develops distinctive Software program as a Service options for digitizing work processes for custody banks, asset managers and retail buying and selling venues. The open, compliance optimized and information centric-platform permits our prospects to supply a differentiated real-time product that reduces price and will increase effectivity. For extra data please go to www.huddlestock.com