REG - TruFin PLC TruFin PLC - Statement re Satago

TrufinAnnouncement

23/01/2023 07:00

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RNS Number : 4711N  TruFin PLC  23 January 2023

23 January 2023

 

 

TruFin plc

("TruFin" or the "Company")

 

Satago Financial Solutions Limited ("Satago") deepens partnership with Sage
Group plc ("Sage")

 

 

TruFin is pleased to announce that, further to the Company's statement on 20
October 2022, Satago is extending its agreement with Sage, the leader in
accounting, financial, HR and payroll technology for small and mid-sized
businesses (SMBs).

 

The extended agreement adds Satago services to certain Sage 50 subscription
packages in Ireland. This builds on the previously announced agreement to
deliver this offering in the UK. Under the agreements, Sage 50 customers will
gain access to Satago's core platform solutions, credit control and risk
insights to better manage their debtor book.

 

Embedded finance service in UK

 

TruFin is also delighted to announce that Satago has signed a statement of
work to embed Satago's invoice finance service into Sage 50. Satago will
launch its embedded finance solution with Sage during Q1 2023.

Initially available in the UK, this new solution will make it easier for SMBs
to overcome common cashflow challenges. The development underscores Satago's
ongoing partnership with Sage, providing innovative solutions for Sage 50
customers.

 

For further information, please contact:

 TruFin plc                                                        0203 743 1340

James van den Bergh, Chief Executive Officer
07779 229508

Kam Bansil, Investor Relations
 Liberum Capital Limited (Nominated Adviser and Corporate broker)  0203 100 2000

Chris Clarke

Edward Thomas

 

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