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its customer Stackby.me will go live with a new app using Huddlestock’s own IP
technology. The new app allows for trading in Norwegian funds and is powered by
technology from Huddlestock’s acquisition of the Swedish company Bricknode in
2023. Stackby.me’s current fund trading app is powered by Huddlestock through a
third-party solution.
Stackby.me - http://stackby.me’s app launch on 4 April 2024 marks a milestone
for Huddlestock. In one year the Bricknode technology has been adapted to
Norwegian market requirements and is now ready to go live to an existing
customer.
“We are excited to empower Stackby.me - http://stackby.me’s new fund trading app
and proud to see acquired technology rapidly entering a new geographical market.
This do not only demonstrate the soundness of our M&A strategy establishing a
unique North European position in a growth market, but also the strong
capabilities of our R&D department” says Leif Arnold Thomas, CEO of Huddlestock.
Stackby.me - http://stackby.me gives Norwegians easy access to investments,
providing a platform that feels like social media, offering a more user-friendly
and engaging investment system. The investment platform is targeting female
investors and was founded on a vision to democratise the capital market knowing
that women are underrepresented in all areas of finance.
“We believe everyone can learn how to invest, and by launching our new fund
trading app we are getting one step closer. Huddlestock’s technology and support
has enabled us to rapidly launch our new investment service” says Madeleine
Bjørnestad Røed, CEO of Stackby.me - http://stackby.me.
Fund trading in the new app represents the first Stackby.me - http://stackby.me
functionality powered by Huddlestock’s own IP technology. As the next step, the
two parties are now working on providing stock trading functionality through the
app.
For further information, please contact:
CEO Leif Arnold Thomas
+47 982 15 520
leif.thomas@huddlestock.com
About Huddlestock:
Huddlestock is a leading provider of investment and wealth management SaaS
solutions and services. We provide the technology, expertise and support that
financial institutions need to launch or transform an investment offering. Our
modular approach to cloud software helps firms around the world - from fintech
startups to established banks, neobanks, wealth and asset managers - deploy
innovative solutions with flexibility and speed. With a team made up of
ex-industry practitioners and wealth technology experts, we also provide
professional services and operations outsourcing that drive performance,
innovation and growth for our customers. Huddlestock is listed on the Euronext
Growth market. Find out more at huddlestock.com - https://www.huddlestock.com/
CONTACTS
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/2990/4239/Download%20announcement
%20as%20PDF.pdf
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