TruFin PLC Statement re Satago (4711N)
January 23 2023 - 1:00AM
UK Regulatory
TIDMTRU TIDMTRU
RNS Number : 4711N
TruFin PLC
23 January 2023
23 January 2023
TruFin plc
("TruFin" or the "Company")
Satago Financial Solutions Limited ("Satago") deepens
partnership with Sage Group plc ("Sage")
TruFin is pleased to announce that, further to the Company's
statement on 20 October 2022, Satago is extending its agreement
with Sage, the leader in accounting, financial, HR and payroll
technology for small and mid-sized businesses (SMBs).
The extended agreement adds Satago services to certain Sage 50
subscription packages in Ireland. This builds on the previously
announced agreement to deliver this offering in the UK. Under the
agreements, Sage 50 customers will gain access to Satago's core
platform solutions, credit control and risk insights to better
manage their debtor book.
Embedded finance service in UK
TruFin is also delighted to announce that Satago has signed a
statement of work to embed Satago's invoice finance service into
Sage 50. Satago will launch its embedded finance solution with Sage
during Q1 2023.
Initially available in the UK, this new solution will make it
easier for SMBs to overcome common cashflow challenges. The
development underscores Satago's ongoing partnership with Sage,
providing innovative solutions for Sage 50 customers.
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 (Nominated Adviser and
Corporate broker)
Chris Clarke
Edward Thomas 0203 100 2000
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END
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