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Mantra Softech Expands Market Reach with Extended FPC Iris Technology License

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Mantra Softech Expands Market Reach with Extended FPC Iris Technology License

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Fingerprint Cards ( ($SE:FING.B) ) has issued an update.

Fingerprint Cards AB (FPC) has announced that Mantra Softech India Private Limited has extended its license for FPC’s iris recognition software, aiming to strengthen its position in the Indian market and expand into emerging markets. This extension will allow Mantra to integrate advanced iris recognition technology into various sectors such as banking, healthcare, and government ID systems, enhancing security and convenience for users. The collaboration underscores FPC’s success in providing global biometric solutions and supports Mantra’s mission to deliver secure identity solutions worldwide.

More about Fingerprint Cards

Fingerprint Cards AB (FPC) is a leading global biometrics company based in Sweden, specializing in biometric solutions that provide secure and convenient identification and authentication. Their technologies are integrated into hundreds of millions of devices worldwide. Mantra Softech, a prominent Indian biometrics and RFID technology company, excels in fingerprint, iris, and facial recognition devices, serving over 50 countries with a strong focus on accuracy and security.

Technical Sentiment Signal: Sell

Current Market Cap: $25.79M

Find detailed analytics on FING.B stock on TipRanks’ Stock Analysis page.

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