Croma Security Solutions Group (CSSG)

Sector:

Defense and Aeronautics

Index:

FTSE AIM All-Share

 70.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 93.50p
  • 52 Week Low: 70.50p
  • Currency: UK Pounds
  • Shares Issued: 14.90m
  • Volume: 0
  • Market Cap: £10.51m

Croma enters strategic partnership with FinGo

By Josh White

Date: Monday 24 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Croma Security Solutions has entered into a new strategic partnership with biometric identity authentication and payments platform FinGo, it announced on Monday.
The AIM-traded firm said the new alliance would complement and strengthen each company's solutions in the provision of non-invasive biometric technology.

Croma currently deploys 'FASTVEIN' biometrics across the education and construction sectors for identity management.

It said that working with FinGo would allow it to expand its product suite to include payments alongside its existing identity and access control offerings in those sectors.

The partnership would also expand FinGo's digital identity management and payment expertise to include access management.

"This collaboration will give rise to the sharing of resources and solutions to bring exacting client offerings across a number of verticals in which we each currently operate," said chief executive officer Roberto Fiorentino.

"We are excited about the opportunity of building on our position in the provision of human identification, biometric payment systems and access control solutions."

Croma said that over the last year, FinGo had adapted its solutions to integrate with Covid-19 support services, including secure contact tracing within hospitality settings and verification of employee test results within the care industry.

The company was also in talks with policy makers over the use of FinGo and vein ID for vaccine certification.

"We are delighted to announce this strategic partnership," said Croma's chairman Sebastian Morley.

"This is a clear direction of travel post-Covid-19, when credible service providers are seeking to collaborate in order to deliver for clients and shareholders."

At 1022 GMT, shares in Croma Security Solutions Group were down 0.57% at 87p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CSSG Market Data

Currency UK Pounds
Share Price 70.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 93.50p
52 Week Low 70.50p
Volume 0
Shares Issued 14.90m
Market Cap £10.51m

CSSG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
7.93% below the market average7.93% below the market average7.93% below the market average7.93% below the market average7.93% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Income Not Available
Growth
26.88% above the market average26.88% above the market average26.88% above the market average26.88% above the market average26.88% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average

CSSG Dividends

  Latest Previous
  Final Final
Ex-Div 11-Nov-21 12-Nov-20
Paid 26-Nov-21 27-Nov-20
Amount 2.00p 1.20p

Trades for --2022

Time Volume / Share Price
0 @ 0.000p

CSSG Key Personnel

CEO Roberto Fiorentino
Finance Director Richard Juett

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