EVRY ASA: Bankgirot enters into a strategic agreement with EVRY
(Oslo, November 23, 2018) EVRY has today signed a strategic partnership agreement with Bankgirot, a leading fintech company in Sweden, related to modernising of key banking infrastructure and to deliver business critical infrastructure services in Sweden.
The agreement represents an expected total contract value in excess of SEK 700 million and a contract duration of seven years with effect from December 2018. In addition, Bankgirot has the option to extend the agreement for an additional four years (two plus two years).
EVRY won the contract in strong competition with international competitors, by demonstrating a competitive solution that satisfied local regulations and customer requirements in terms of advanced solutions for business critical infrastructure.
Bankgirot is a European clearing house tasked with delivering market-leading solutions in the payments area that increase customers' competitiveness. The company Bankgirot was founded in 1959, with payments using the Bankgiro system and associated services. With the Payments in Real Time payment system, Bankgirot offers new opportunities to develop the payments of the future. Every hour payments flow between payers and payees, and every day Bankgirot ensures that more than SEK 50 billion ends up where it is supposed to be. Bankgirot guarantees the flow.
For investor enquiries:
Frank Stangnes, Head of Group Treasury and Investor Relations, +47 47453275
For media enquiries:
Unni Strømstad, EVP Communications and Marketing Tel: +47 97753453
EVRY is one of the leading IT services and software providers in the Nordic region and has more than 10 000 customers across the private and public sectors. Every day more than five million people in the Nordic region use solutions delivered by EVRY. Through its strong local presence and in-depth technological and commercial insight, EVRY is a driving force for innovation and modernisation at its customers. EVRY reported turnover of NOK 12.6 billion in 2017 and has around 8 500 employees across nine countries. It’s headquarter is located at Fornebu just outside Oslo, and the company is listed on Oslo stock exchange.