Press Releases

SDS receives another order from the operator in Djibouti

Seamless Distribution Systems AB (SDS) has received another order worth SEK 1.4 million from the operator in Djibouti.

The operator in Djibouti places another order with SDS. The order is for development resources. The operator will use these resources to further develop its mobile financial services so that they are constantly at the forefront of technological development and thus drive consumers away from competitors.

The order value will be taken as revenue for the next two years.

For additional information, please contact:
Martin Schedin
Chief Financial Officer
+46 70 438 14 42

SDS is a Swedish international software company that that specializes in mobile payment services for mobile operators, distributors, retailers and consumers. SDS ensures that Telecom operators can sell their telephone subscriptions, where SDS products and services handle up to 90% of the Telecom operator's sales. Today, SDS have implemented solutions in fintech, advanced analysis and retail value management, and where these solutions have succeeded, they are transformed into so-called SaaS solutions.

Following the acquisition of Riaktr, SDS has approximately 300 employees in Sweden, France, Belgium, Romania, South Africa, Ghana, Nigeria, Ivory Coast, United Arab Emirates, Pakistan, India and Indonesia.

Following the acquisition of Riaktr, SDS will annually handle more than 15 billion transactions worth over USD 14 billion. Via over 3 million monthly active resellers of digital products, more than 700 million consumers are served globally.

The company's Certified Adviser is FNCA Sweden AB, phone 08-528 00 399.