TruFin PLC Statement re Satago (4016B)
June 10 2021 - 1:00AM
UK Regulatory
TIDMTRU TIDMTRU
RNS Number : 4016B
TruFin PLC
10 June 2021
10 June 2021
TruFin plc
("TruFin" or the "Company")
Satago Financial Solutions Limited ("Satago") announces an
extension to the commercial pilot with Lloyds Bank plc ("Lloyds
Bank" or the "Bank")
TruFin is pleased to announce a six-month extension to Satago's
commercial pilot with Lloyds Bank to enable pilot testing to be
concluded. It is anticipated that the trial will conclude during
the six-month extension period and, if successful, will lead to a
five-year commercial agreement with Lloyds Bank.
Both parties are keen to work closely and continue the
commercial pilot, in which Satago will develop further integrations
with the Bank's infrastructure and drive additional reach through
Lloyds' regional sales network.
For further information, please contact:
TruFin plc
James van den Bergh, Chief Executive Officer 0203 743 1340
Kam Bansil, Investor Relations 07779 229508
Liberum Capital Limited (NOMAD and Broker)
Chris Clarke
Louis Davies 0203 100 2000
About TruFin plc:
TruFin plc is the holding company for an operating group of
companies that are niche lenders and early payment providers.
TruFin Group combines the benefits of both the traditional
relationship banking model and developments in the fintech sector.
The Company was admitted to AIM in February 2018 and trades under
the ticker symbol: TRU. More information is available on the
Company website www.TruFin.com
The information contained within this Announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No.596/2014 as amended by The
Market Abuse (Amendment) (EU Exit) Regulations 2019. By the
publication of this Announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain. The person responsible for arranging for the release
of this Announcement on behalf of the Company is Annie Styler.
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END
STREANKNEESFEFA
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