Neovici’s business model primarily consists of providing automated financial services through a SaaS model (Software-as-a-Service). We develops, sell and implement a cloud-based platform for financial automation. Our platform handles business transactions with a total value of SEK 150 billion annually for major companies mainly in the retail, energy and telco industries. Founded in Stockholm in 2009, our company has offices in Sweden, France and Mexico.
Listing on Nasdaq First North Growth Market
Neovici Holding AB (publ) is planning on initiating trading of the company's class B shares on Nasdaq First North Growth Market on XX 2023. On 12 June 2023, Neovici announced its intention to list the Company’s shares on Nasdaq First North Growth Market. The first day of trading of Neovici's shares will be on 14 June 2023.
At Neovici, we believe that financial transactions today, both in Europe and globally, are mainly characterised by manual, paper or file-based financial management using legacy systems. This results in a high degree of time and resource-intensive administrative work, as well as a high risk of human errors and exposure to fraud. Through our cloud platform Cosmoz, organisations are given the opportunity to handle their financial flows up to 90% automatically in one single platform, to ensure secure, fast and transparent transactions.
Neovici mainly operates in the Nordic region and in Latin America. The Cosmoz platform handles more than 150 Billion SEK worth of transactions on an annual basis. Neovici was founded in 2009 and is headquartered in Stockholm, Sweden. The number of employees was [4?] during 2023, allocated in our three offices in Sweden, France and Mexico.