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Douugh Ltd ( (AU:SKK) ) has provided an announcement.
Stakk Ltd has secured a two-year Master Services Agreement with Robinhood Markets, Inc., marking a significant milestone in its operations. Under this agreement, Stakk will provide its Embedded Finance solutions, including image capture, authentication, and transaction processing, to support Robinhood’s new banking initiative. This partnership is a testament to Stakk’s capabilities and enhances its reputation in the fintech industry. The collaboration is expected to be material to Stakk due to Robinhood’s scale and commitment to their banking expansion, although the exact revenue impact remains uncertain.
More about Douugh Ltd
Stakk is a leading provider of Embedded Finance solutions, delivering critical functionality to over 200 banks, credit unions, neobanks, and fintech partners across the Australian and U.S. markets.
Current Market Cap: A$12.45M
For an in-depth examination of SKK stock, go to TipRanks’ Overview page.