flatexDEGIRO AG
FinTech Group secures new major international B2B contract and starts its B2C business successfully
DGAP-News: FinTech Group AG / Key word(s): Contract Corporate News / Frankfurt, 01 February 2018 FinTech Group secures new major international B2B contract and starts its B2C business successfully
After the successful launch of the internationalization strategy in 2017 in Austria (Bawag PSK, Kommunalkredit Austria) and the go-live of Kommunalkredit’s investment platform for the German market in January 2018, the standard core banking platform FTG:CBS will be rolled out in Andorra for the first time for Vall Banc. “Given our business and strategic aims, we were looking for the best partner able to support closely our business development over the next years. The outstanding expertise of FinTech Group AG in Business Process Outsourcing has convinced us. The possibility to connect to an existing platform with a diverse range of Shared Services is shortcutting the development period. This allows us to quickly offer fully digitized and modern banking solutions to our clients while substantially reducing IT and processing costs”, commented Vall Bank Chairman Christoph Lieber. “Our firm’s aim for 2018 is growth through economies of scale and internationalization. On the B2B side, we proved our capabilities with the recently completed project for Kommunalkredit Austria in Germany and Austria. With the newly won large B2B mandate, we are now reaching our next milestone. Our ecosystem featuring technological and banking-process solutions has previaled again and convinced our new major client”, commented Frank Niehage, CEO of FinTech Group AG.
FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) is a modern smart bank: We offer innovative financial technology, our own core banking system, and a regulatory liability umbrella. Our cash cow is retail broker flatex which, through our advanced technology, can offer top-quality service at an affordable price. This makes flatex the fastest growing trading platform in Europe. Our smart technology is easy to scale, so we also successfully offer it to B2B customers. We provide Disclaimer This release may contain forward-looking statements and information, which may be identified by formulations using terms such as “expects”, “aims”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates” or “will”. Such forward-looking statements are based on our current expectations and certain assumptions, which may be subject to variety of risks and uncertainties. The results actually achieved by FinTech Group AG may substantially differ from these forward-looking statements. FinTech Group assumes no obligation to update these forward-looking statements or to correct them in case of developments, which differ from those anticipated. Contact: Roman Kessler Head of Communications FinTech Group AG Rotfeder-Ring 5 D-60327 Frankfurt/Main +49 (0) 69 450001 041 Roman.kessler@fintechgroup.com
01.02.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | FinTech Group AG |
Rotfeder-Ring 5 | |
60327 Frankfurt am Main | |
Germany | |
Phone: | +49 (0) 69 450001 041 |
E-mail: | ir@fintechgroup.com |
Internet: | www.fintechgroup.com |
ISIN: | DE000FTG1111, DE0005249601 |
WKN: | FTG111 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |