(Alliance News) - Ten Lifestyle Group PLC on Thursday said it has been awarded a multi-year contract with Australia's Westpac Banking Corp.
The technology-enabled travel and lifestyle concierge platform said it will provide its services to Westpac's clients who hold premium credit cards. Eligible clients will also benefit from Ten's phone request service headed from its Melbourne Office.
The London-based company said it anticipates to begin the service during the second half of 2020, predicting the contract to be worth between GBP250,000 and GBP2 million by the end of the first year.
Ten's shares were down 9.6% at 82.00 pence each on Thursday afternoon in London.
By Neetika Kurup; neetikakurup@alliancenews.com
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Ten Life (TENG)