Adveritas: Signs first commercial agreement with deezer

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
  • Adveritas (AV1) has signed its first commercial agreement with a European customer deezer, a French online music streaming service
  • The deal will see deezer use Averita’s anti-fraud mobile app, TrafficGuard, to detect and prevent invalid traffic across their mobile ad spend
  • Under the agreement, deezer will pay the company €4000 per month (around A$6500 per month) to use the app
  • Importantly, the agreement has the potential to expand outside of deezer’s mobile division
  • Adveritas is up 8.82 per cent on the market today and is trading at 18.5 cents per share
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