Ten Lifestyle secures content services contract with financial services firm

Concierge platform Ten Lifestyle has secured a contract to provide an unnamed global financial services firm with access to its content services.

Ten Lifestyle said the content service was expected to increase customer engagement with both its digitally-enabled concierge service, launched in December 2020, and, more generally, the client's customer proposition.

The AIM-listed firm highlighted that the addition of the revenue from the content service was expected to grow its existing small1 contract into a medium contract in the first half of the current financial year.

Ten noted that the contract expansion was already incorporated within its existing growth plan.

Chief executive Alex Cheatle said: "In recent years, our editorial content has become an increasingly important pillar of our member proposition.

"Ten's enhanced Content service is now available to new and current clients across the globe."

As of 1205 GMT, Ten Lifestyle shares were untraded at 99.0p