Mobile financial services provider Vipera scored a contract with an undisclosed Italian retail bank, the company announced Monday.

The group will provide its mobile banking platform, Motif, to what is touted as one of the most rapidly growing retail banks in Italy.

Motif is a mobile phone application allowing customers to do online banking.

The platform will be rolled out in early 2013.

"This contract demonstrates how Vipera continues to develop its position in the international financial services markets," Chief Executive of Vipera, Marco Casartelli, said.

"We are able to deliver our highly recognised product offering to leading institutions. We look forward to assisting the bank in developing critical mobile services for its customers."

Shares rose 5.13% to 5.12p at 13:28 Monday.

RD

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