Divio Technologies AB (publ) has extended an existing contract with MMR USD 3,300

Divio Technologies AB announces today that it has expanded an existing service agreement with a large financial institution. The extended agreement covers the use of our platform in new regions and is expected to generate USD 3,300 in MRR (Monthly Recurring Revenues) with immediate effect.

Jon Levin, CEO of Divio Technologies AB said: “This is very much what our strategy is about, you start with a relatively small agreement and then, when you have proven your technology and service, you expand the agreement within the customer's organization. This also shows our strength and that once you understand the benefits of our platform, customer use will increase.”