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Knowit AB ( (SE:KNOW) ) just unveiled an announcement.
Innovation Norway has chosen Knowit and Mambu to modernize its core banking platform, a significant step in the digital transformation of public financial services in Norway. This collaboration aims to optimize loan, grant, and guarantee functions, enhancing efficiency and scalability for Innovation Norway and its clients. The new solution will streamline processes, improve data quality, and provide real-time insights, aligning with Innovation Norway’s goals of increased digitalization and operational efficiency. The project, which spans four years with potential extensions, is expected to empower Norwegian businesses by providing a flexible and scalable financial platform.
More about Knowit AB
Knowit is a digitalization consultancy firm dedicated to creating a sustainable and humane society through digitalization and innovation. It supports clients in digital transformation with a decentralized organization and agile work methods. The company operates in four business areas: Solutions, Experience, Connectivity, and Insight, offering services in system development, digital customer experiences, IoT, cloud, cybersecurity, and management consultancy. Founded in 1990, Knowit has around 3,900 employees, primarily in the Nordic countries, and is listed on Nasdaq OMX Stockholm Mid Cap.
Average Trading Volume: 43,176
Current Market Cap: SEK3.52B
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