Interfield Global Software Advances Joint Venture with Abhi

Highbury Projects ( (TSE:IFSS) ) has issued an announcement.

Interfield Global Software Inc. has announced an update on its joint venture with fintech company Abhi, focusing on integrating their software platforms to enhance services in the UAE and Saudi Arabia. This venture, which combines financial solutions and an equipment marketplace, aims to improve procurement processes and financial management for businesses in the region, reflecting a strategic shift away from previous arrangements with JRL Energy Inc. The venture will be funded by seeking up to $1,000,000, with net revenues shared equally between the partners.

More about Highbury Projects

Interfield Global Software Inc., publicly listed on Cboe Canada, operates through its subsidiary Interfield Software Solutions LLC in Dubai, U.A.E. The company serves industrial sectors like oil and gas, mining, and renewables globally, with divisions in E-commerce and Software as a Service. Its flagship product, Equipment Hound, is part of its E-commerce division, providing an online marketplace for industrial equipment.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$6.85M

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