Business
CLPS Incorporation Signs Vendor Agreement with a Well-Known U.S. Digital Payment Platform, Ramps Up Global Expansion Strategy
HONG KONG, Feb.17, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that, through its wholly-owned
About this update from Clps Incorporation
[{"type":"text","content":"HONG KONG, Feb.17, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) (\"CLPS\" or \"the Company\"), today announced that, through its wholly-owned subsidiary, CLPS Technology (California) Inc. (\"CLPS California\"), it has signed a vendor agreement (the \"Agreement\") with a well-known U.S. digital payment platform (the \"Client\") to provide IT services, including data analysis and payment risk management for their international business.\nGrowing beyond the Mainland China market, CLPS has been extending its presence and client base internationally, including blue chip financial institutions to meet the strong demand for IT services. The Company's competitive advantage and expertise in the payment industry are contributing factors that made the contract with the Client headquartered in the U.S. possible. It enables the well-established business relationship of both parties to transpire in the international market.\nMr. Matthew Tang, Chief Executive Officer of CLPS US & HK, said, \"We are extremely honored that for more than six years of cooperation, the Client has awarded us with a global contract. This also aligns with our global strategy by leveraging our expertise in the financial industry with globally competitive IT services to achieve and exceed exceptional client satisfaction.\"\nMr. Henry Li, Chief Operating Officer of CLPS, said, \"The pace of change across the payment industry has significantly accelerated in the span of the COVID-19 pandemic, which reshaped the people's lives across the world. It has always been our commitment to deliver comprehensive IT services to the Client ensuring a safe and secured online payment transactions. In addition, the new contract we gained is another step forward in our U.S. footprint.\"\nAbout CLPS Incorporation\nHeadquartered in Hong Kong, CLPS Incorporation (the \"Company\") (Nasdaq: CLPS) is a global leading information technology (\"IT\"), consulting and solutions service provider focusing on the banking, insurance and financial sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial industry, including large financial institutions in the US, Europe, Australia, Southeast Asia and Hong Kong, and their PRC-based IT centers. The Company maintains 19 delivery and/or research & development centers to serve different customer...