TruFin ( (GB:TRU) ) has shared an update.
TruFin has announced a new partnership between its subsidiary, Satago Financial Solutions Limited, and DF Capital, a UK specialist bank. This collaboration aims to enhance DF Capital’s offerings by providing its customers with additional access to invoice discounting, complementing their existing finance options. Satago will leverage its proprietary lending technology to administer this new service, potentially strengthening its market position and increasing trust among third-party lenders. The development is expected to impact TruFin’s operations positively, with updates on progress to be shared during their Full Year results in March.
More about TruFin
TruFin is a company operating in the financial services industry, focusing on providing lending technology and solutions. It specializes in areas such as invoice discounting and working capital solutions, catering primarily to businesses in the UK.
YTD Price Performance: 0.48%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $106.9M
For detailed information about TRU stock, go to TipRanks’ Stock Analysis page.