Huddlestock Fintech AS (HUDL) - Huddlestock partners withGermany's leading regulatory Fintech umbrellaDonauCapital Wertpapier GmbH .Oslo, Norway ,3 February 2021 - Huddlestock Fintech has entered a partnership with DonauCapital, based on its Bedrock B2B offering. As a specialist for the implementation of regulatory requirements, DonauCapital provides tied agent umbrellas for fintech firms with digital investment- and trading platforms for self-directed and well-informed clients. Currently DonauCapital is a leading company inGermany within its segment, and provides regulatory umbrellas for more than 15 clients, who have access to 30 partner banks and brokers within theEuropean Union . Some clients include gratisbroker.de, CFX Broker and the multi account provider guidants.de. "The partnership with DonauCapital is important for Huddlestock because it demonstrates the power of our Bedrock B2B offering and it provides us the opportunity to present our solution to Donau´s clients, which lists a number of important fintech company clients in the German market. The main collaboration will be on the API product offering, where Huddlestock will offer fast and easy API connectivity, and low-cost trading for Donau's umbrella clients. We will see more clients coming onboard Bedrock from partnerships such as with Donau," saysJohn Skajem , CEO of Huddlestock. The DonauCapital partnership is an example of the scalability of deploying Bedrock in global markets through third-party distributors that have complementary businesses. Most of the tied agents in the Donau portfolio today are CFD providers. These companies are looking to add equities and ETFs to their offering, by connecting with Huddlestock's solution. The agreement between Donau and Huddlestock is expected to generate significant new order flow through the Bedrock API solution, with the first clients going live in Q2 2021. Contact person:John E. Skajem , CEO +47 418 87 412 jes@huddlestock.com About Huddlestock Fintech:Huddlestock Fintech AS was listed on Euronext Growth Market 26.November 2020 , asNorway's first fintech company to be publicly traded. Huddlestock Fintech is a company that develops unique software as a service-solutions for digitizing work processes for custody banks, asset managers and trading venues. The open, compliance-optimized and data centric platform allows our customers to offer a differentiated real-time product that reduces cost and increases efficiency. Huddlestock Fintech's technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution and portfolio management, all executed on the same platform. Huddlestock has two main products: Apex (Custody) and Bedrock (Connectivity). Apex is a software as a service-solution that links custody services with asset managers and individual investors. Bedrock provides a white label solution that is primarily a product for financial services firms wanting to add low cost-efficient trading and investing services to their client web and app offerings. For more information, please visit www.huddlestock.com.
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