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Fingerprint Cards Extends Iris Technology Licence with Mantra Softech for Market Expansion

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Fingerprint Cards Extends Iris Technology Licence with Mantra Softech for Market Expansion

Confident Investing Starts Here:

Fingerprint Cards ( ($SE:FING.B) ) just unveiled an update.

Fingerprint Cards AB has extended its partnership with Mantra Softech, allowing Mantra to use FPC’s advanced iris recognition technology to expand into new markets. This strategic move will enhance Mantra’s product offerings in various sectors, including government ID systems, banking, healthcare, and border control, thereby strengthening their market position and supporting global expansion efforts.

More about Fingerprint Cards

Fingerprint Cards AB (FPC) is a global leader in biometric technology, based in Sweden, offering solutions for secure and convenient identification and authentication. Their technology is integrated into hundreds of millions of devices worldwide, and they are listed on Nasdaq Stockholm. Mantra Softech, an Indian company, is a leader in biometric and RFID technology, providing fingerprint, iris, and facial recognition devices across more than 50 countries.

Technical Sentiment Signal: Sell

Current Market Cap: $25.79M

See more insights into FING.B stock on TipRanks’ Stock Analysis page.

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