24th Feb 2016 08:59
LONDON (Alliance News) - Escher Group Holdings PLC on Wednesday said it has licensed its transaction management platform to Deposify, a Dublin-based start-up.
Escher, which provides software to postal, retail and financial companies, has also invested EUR125,000 in Deposify as part of the company's initial fundraising.
Deposify is a financial technology start-up which allows landlords and tenants to manage and control when rental deposits are paid and resolve any deposit-related disputes.
Escher shares were untraded on Wednesday morning, having last traded at 150.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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