28th May 2025 16:01
(Alliance News) - Aptitude Software Group PLC on Wednesday said it has continued to gain commercial momentum so far in 2025, as its flagship AI finance platform Fynapse secured three new enterprise wins.
The London-based finance software firm said these new contracts were with a "leading" Australian payments provider, a global mobile parking platform, and a "major" US health insurer.
The company added that these new clients demonstrate its expansion into the tier 2 market and the progress of migrations to Fynapse from Aptitude Accounting Hub.
The group reiterated that it remains confident in meeting full-year expectations despite economic uncertainty, particularly in North America. It also said that partner engagement is growing and driving an improved sales pipeline, with continued cross-sell, up-sell and renewal success across its client base.
The company is nearing completion of an organisational transformation to become a scalable, partner-led SaaS business, which it said will help realise the full value of Fynapse. Aptitude is targeting 80% of annual recurring revenue to be partner-sourced by 2027.
Separately, Aptitude announced the appointment of Paula Dowdy as a non-executive and senior independent director, effective from the end of Wednesday's annual general meeting. Dowdy will also chair the remuneration committee.
Shares in Aptitude were down 0.4% at 278.00 pence each in London on Wednesday afternoon.
By Eva Castanedo, Alliance News reporter
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