Huddlestock Fintech AS (“Huddlestock”) has signed a Letter of Intent (LOI) with a potential new Investment-as-a-Service (IaaS) customer in Germany, to support a scalable B2B embedded finance model for the customer’s European enterprise clients. This setup will combine Huddlestock’s MiFID II regulatory infrastructure with external trading and custody infrastructure partners.
“Over the past year, we have built a regulated financial infrastructure on our IaaS platform that can be embedded directly into existing digital business models and operational ecosystems,” says Leif Arnold Thomas, CEO of Huddlestock. “We see fast changing market dynamics and have positioned for flexibility and scalability, enabling deployment also beyond traditional investment applications.”
The B2B use case in the LOI focuses on enabling corporate users of a digital platform to access financial risk-management and price-protection solutions, provided by Huddlestock’s IaaS platform, directly within the existing operational workflows of its investment systems.
The collaboration remains subject to further commercial, operational and regulatory assessment and is intended to form the basis for a long-term framework agreement between Huddlestock and the potential customer. Additional details regarding the use case and potential commercial structure will be disclosed, if appropriate, in due course.