Aurionpro gets fintech deal with largest payment facilitator in USA

25 Mar 2022 , 12:56 PM

Aurionpro Fintech Inc., Aurionpro Solution Ltd.’s USA subsidiary announced an order win from one of the largest Payment Facilitators in the USA offering merchant payment services in the insurance financing segment. The order scope covers platform up-gradation, maintenance, and support, and manages the services for AWS cloud infrastructure.

The contract extends to 12 months and is worth Rs23 crore (USD 3 million), payment spread monthly over the contract tenure.

Commenting on the order, Mr. Raj Biyani, EVP — Head, North America, stated, “We have a strong solution and have developed capability in terms of resources and technology over the last few years, that is turning fruitful for us now. This win is significant as the customers have reinforced their trust in us. This win along with other significant wins in USA market over the last few months will boost the prospects further and help expand company’s reach in the USA market.”

Aurionpro Solutions is currently trading at Rs305.35 up by Rs0.7 or 0.23% from its previous closing of Rs304.65 on the BSE. Its scrip touched an intraday high and low of Rs314.35 and Rs301.50 respectively.