Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  FinTech Group AG    FTK   DE000FTG1111

FINTECH GROUP AG (FTK)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

FinTech : Storm Software PLC Announces the Sale of Marketing Rights to Their App “Playback”

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/06/2017 | 09:01am CEST

London, United Kingdom, December 06, 2017 --(PR.com)-- Storm Software PLC announces the sale of the marketing rights to their App “Playback,” for Mainland China and Hong Kong.

Storm Software Plc, an IT corporation with divisional FinTech services ranging from Employment to Financial Trading to Software Development, announces the sale, through a licensing agreement, of its catch all mobile telephone recording software – Playback Technology Limited – to MT Invest Tech China.

MT Invest Tech China will market the catch all mobile telephone recording software to mainland Chinese banks and financial traders, the Licensing Agreement also allows MT Invest Tech China to market to Hong Kong, however, at present a distribution partner has not been nominated.

The right to market the Software in Africa, Australasia, Asia, Europe, India, the Middle East, Russia and North and South America remains the sole right of Storm.

Under the terms of the licensing agreement with MT Invest Tech China, Storm will provide support services through a representative office in China, staffed by Storm employees.

“This catch all software has exceptional possibilities and we see multiple opportunities for banking compliance, client billing, call monitoring, training and even personal security,” said Anja Suen, Head of Development (China) of Storm. In response Michael Tan said, “We are pleased to be working with Storm and look forward to the partnership progressing further.”

This is a key financial move for Storm, who will benefit from a significant income stream from the software licensing, whilst having the opportunity to continue research and development on related technologies.

Storm’s software development division provides specialist FinTech App development and design for a number of high profile companies with compliance and FinTech security needs. Storm prides itself on high level innovation, looking to create user friendly security technologies with high functionality.

Contact Information:
Storm Software PLC
Anja Suen
+44 (0) 3333 441633
Contact via Email
https://www.stormsoftwareplc.com
Kemp House
152 - 160 City Road
London
EC1V 2NX

Read the full story here: https://www.pr.com/press-release/738025

Press Release Distributed by PR.com

Copyright © 2017 PR.com and its licensors , source US Press Releases

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FINTECH GROUP AG
07:02aFINTECH : Insurance comparison portal to launch in Bahrain
AQ
05/23FINTECH : Automate the Receiving of Beer, Liquor & Wine Products with Clear Sky ..
AQ
05/23FINTECH : Trescon's World Blockchain Summit Debuts in Europe
AQ
05/22FINTECH : Finastra adds US Fintechs to its open platform to spur collaborative i..
AQ
05/22FINTECH : HPS launches open banking platform
AQ
05/22FINTECH : NSE to include more asset classes for investment
AQ
05/22INSIGHTS : The 2018 NYC Blockchain Center Tech & Invest Summit Organized by Bloc..
AQ
05/21MASTERCARD : launches Accelerate to continue to unleash the potential of FinTech..
AQ
05/21FINTECH : Rwanda to Get First Fin-Tech Hub
AQ
05/21FINTECH : Rwanda to get first fin-tech hub
AQ
More news
Financials (€)
Sales 2018 123 M
EBIT 2018 38,2 M
Net income 2018 26,1 M
Finance 2018 5,65 M
Yield 2018 -
P/E ratio 2018 22,81
P/E ratio 2019 18,21
EV / Sales 2018 4,80x
EV / Sales 2019 4,20x
Capitalization 596 M
Chart FINTECH GROUP AG
Duration : Period :
FinTech Group AG Technical Analysis Chart | FTK | DE000FTG1111 | 4-Traders
Technical analysis trends FINTECH GROUP AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Average target price 38,2 €
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Frank Niehage Chief Executive Officer
Martin Korbmacher Chairman-Supervisory Board
Muhamad Said Chahrour Chief Financial Officer
Stephan Simmang Chief Technology Officer
Stefan Müller Deputy Chairman-Supervisory Board
Sector and Competitors