Brief: Safello Enters Into Framework Agreement With Marginalen Bank
17/07/2025 07:47
July 17 (Reuters) - Safello Group AB SFL.ST: SAID ON WEDNESDAY ENTERED INTO FRAMEWORK AGREEMENT WITH MARGINALEN BANK FOR EMBEDDED BANKING SERVICES PARTIES INTEND TO EXPAND THE FRAMEWORK AGREEMENT WITH ADDITIONAL BANKING SERVICES AND ARE EXPLORING FURTHER EXTENSIONS FRAMEWORK AGREEMENT IS ENTERED INTO FOR AN INITIAL TERM OF TWO YEARS, COMMENCING WHEN SAFELLO HAS STARTED THE INTEGRATION THEREAFTER AGREEMENT IS PROLONGED ONE YEAR AT TIME UNLESS TERMINATED FINAL TECHNICAL DEVELOPMENT AND INTEGRATION IS SCHEDULED TO OCCUR DURING Q3 AND Q4 2025 EXPECTED LAUNCH TO CUSTOMERS IN LATE Q4 2025 Source text for Workspace: nWkrg7Khw Further company coverage: SFL.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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