Trust Stamp Announces A 31% Increase In Its Financial Services Customer Base In The Last 6-Months
Portfolio Pulse from Happy Mohamed
Trust Stamp (NASDAQ:IDAI) has reported a 31% increase in its financial services customer base over the last six months. The company's low-code Orchestration Platform is being adopted by more financial institutions, with seven more, including the U.S. arm of a global institution with over 1,500 branches and assets exceeding $1.5T, starting the implementation process. Trust Stamp is targeting a total of 45-50 financial institutions onboarded by the end of 2023.
August 01, 2023 | 2:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Trust Stamp's customer base in the financial services sector has grown by 31% in the last six months. The company's Orchestration Platform is being adopted by more financial institutions, which could lead to increased revenues in the future.
The news of Trust Stamp's growing customer base and the adoption of its Orchestration Platform by more financial institutions is positive. This could lead to increased revenues for the company in the future, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100