FinTechFunding

COSOL: Signs multi-year contract with De Beers

COSOL Signs multi-year contract with De Beers

  • Digital software and solutions company COSOL (COS) signs a multi-year contract with De Beers Group, one of the world’s largest diamond mining companies
  • According to the contract, the company has been tasked with completing the first phase of De Beers’ SAP to S/4 HANA digital transformation project
  • This initial phase is worth around $1 million, with further phases expected to lift the total contract value to $2.4 million
  • COSO L’s software platform, RPConnect, will be the foundation for the De Beers Group transformation program
  • On the market this morning, the company is in the grey and trading at $0.64 per share
Previous article
Life360: Completes Tile buy
Next article
Lunnon Metals: Returns nickel assays at Foster Nickel Mine
Steve Sam
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.

You May Also Like

FinTech

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...
FinTech

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...
FinTech

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...
FinTech

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...