The scrip of IT solutions provider Mphasis has risen over 2 per cent on Wednesday trade based on the companies announced that it had tied up with US-based fintech startup Upswot.
The partnership would focus on creating a joint solution offering to help US-based regional and global banks increase revenue and provide insight-driven services to their SMB and mid-market customers, the Bengaluru-headquartered company said in a statement.
The solution will enable access to over 120 apps typically used by SMB and mid-market customers and combine with KPI-oriented analytics on top, it said.
“The offering is intended to provide a powerful overall digital experience for the bank’s customers as well as the bank’s relationship managers,” the statement added.
The stock is currently trading at ₹1,393, up 2 per cent.