Shares of Aurionpro Solutions moved higher on Thursday, May 21, after the company announced one of its biggest deal wins in the United States market through its subsidiary, Aurionpro Fintech Inc.. 

The company secured a strategic fintech contract valued at nearly $33 million from a leading US-based digital insurance payments platform, strengthening its position in the global payments technology segment.

Aurionpro confirmed that the agreement will run for three years and is expected to contribute over $33 million in revenue during the contract period. The latest order also expands the company’s long-standing partnership with the client, which already uses Aurionpro’s payments infrastructure and related technology services.

As part of the expanded engagement, Aurionpro will deliver a wide range of advanced technology solutions. These include upgrades and maintenance for the client’s existing payment platform, cloud infrastructure services, DevOps support, AI-driven solutions, and data engineering capabilities. 

The company plans to leverage its expertise in digital engineering and automation to improve scalability and operational efficiency for the customer.

Over the last six months, Aurionpro has continued to strengthen its fintech business through multiple strategic developments and technology-focused partnerships disclosed in regulatory filings. The company has maintained a strong focus on AI-led banking and payment solutions while expanding its presence across international markets, particularly in the US and Middle East regions.

Commenting on the development, Raj Biyani, Executive Vice President and Head of Aurionpro Fintech Inc., said the deal reflects the company’s strong engineering capabilities, deep fintech expertise, and growing reputation in the US market. He added that the engagement could also create new opportunities for Aurionpro in the digital payments ecosystem.

Following the announcement, shares of Aurionpro Solutions rose around 4.5% intraday and traded near Rs 817 during the morning session. Despite the recent rally, the stock remains under pressure, declining nearly 9% in the past month and over 41% in the last one year.

Tradz by EquityPandit leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app todayand 10x your trading & investing journey!