Shares of Aurionpro Solutions are likely to remain in focus on Thursday, May 21, after the company announced one of its largest order wins in the US market through its subsidiary Aurionpro Fintech Inc. The engagement is expected to generate more than USD 33 million in revenue over a three year contract period.
According to the company’s exchange filing, Aurionpro Fintech Inc. signed a strategic engagement with a leading US based digital insurance payments platform. The deal marks an expansion of Aurionpro’s existing relationship with the customer, which already uses the company’s payments framework software and related services.
Under the expanded mandate, Aurionpro will provide enhancement and maintenance support for the existing payments platform along with cloud, DevOps, AI, and data engineering solutions.
The company said Aurionpro Fintech leverages its AI platforms, payments frameworks, and digital engineering capabilities to deliver enterprise technology solutions focused on the payments and fintech ecosystem.
Raj Biyani, EVP and Head of Aurionpro Fintech Inc., described the agreement as the company’s “largest deal win in the US region” and said the engagement strengthens Aurionpro’s credentials in the US payments and fintech market.
Aurionpro Solutions operates across sectors including banking, payments, mobility, insurance, transit, data centers, and government technology solutions. The company stated that the deal is expected to support its long term growth and expansion strategy in the US market.