Categories: Markets

House of Control has been admitted to trading

The FINANCIAL — The software as a service company House of Control has today been admitted to trading on Merkur Market (ticker code: HOC-ME).

ADVERTISEMENT

Founder and CEO, Lasse Sten, says both the company and the solutions are built on the vision to become the CFO’s best friend: “The platform gives full control of contracts, assets and liabilities. Both the basic solution and the modules are developed in close collaboration with CFOs.”

House of Control recently raised NOK 650 million through a private placement, consisting of NOK 350 million in new shares and NOK 300 million through sale of existing shares.  The placement attracted strong interest from Nordic and international investors and was multiple times oversubscribed, reported House of Control

“House of Control has seen an annual organic growth of 30 percent since 2016. Our further organic growth is already fully financed. We have now raised NOK 350 million to finance future acquisitions. By listing on Merkur Market we now invite others to join our growth journey,” says Sten.

The FINANCIAL

Recent Posts

Council fails to respond to restaurant nuisance complaints

A Brentwood homeowner, suffering years of distress because the council did not properly investigate her…

3 days ago

Clinical trial to test immune modulation strategy for hospitalized covid-19 patients begins

A clinical trial has launched to test whether early intensive immune modulation for hospitalized COVID-19…

3 days ago

Goldman to Pay SEC $6 Million in Penalties for Providing Deficient Blue Sheet Data

The Securities and Exchange Commission has announced settled charges against Goldman Sachs & Co. LLC…

3 days ago

Researchers develop new method to identify potential stroke therapies

Researchers have identified uric acid as a potential therapy to enhance recovery from acute ischemic…

3 days ago

65% say they always or often feel exhausted when thinking about politics

Americans have long been critical of politicians and skeptical of the federal government. But today,…

3 days ago

Mobile Banking and Beyond: The Ascendance of Mobile-First Fintech Software Solutions

In this article, we delve into the rise of mobile-first fintech solutions transforming the financial…

3 days ago