Subsidiary of Aurionpro wins orders; stock rises

Aurionpro Solutions’ subsidiaries in Singapore and Thailand have bagged two prestigious projects each in the banking and fintech space. The order wins pertain to the company’s transaction banking product called iCashpro+.

The company’s wholly-owned subsidiary Aurionpro Solutions Pte won a contract by Ahlibank S.A.0.G, Oman for the the development and implementation of a B2B portal which will help corporate customers meet their diverse banking requirements.

Another subsidiary of the company, Integro Technologies won a contract for the implementation of Aurionpro’s financial e-supply chain software solution which would facilitate financial activities between customers and TMB Bank, Thailand.

The company's management expressed their delight at being a chosen partner for two leading banks in ASEAN and Middle East Asia and are excited at the prospects of the new digitized iCashpro+ version designed for banks to offer innovative services to the corporate and SME segments. The management also expressed confidence that the new version of iCashPro+ will accelerate the digital journey of its customers and the company will further consolidate its leadership position in Asia.

On Monday, Aurionpro Solutions was trading at Rs. 112.95 per share, up 1.39 per cent on the BSE.