Ten Lifestyle Group Win Contract With American Bank

26th February 2018 | Ten Lifestyle Group Plc

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world’s wealthy and mass affluent, is pleased to announce it has won a multi-year contract with one of America’s Premier Private and Business Banks, headquartered in California, to provide concierge services to its high and ultra-high-net-worth clients.

This is Ten’s first contract with the bank and follows a competitive tender in which Ten has replaced the incumbent provider. The first phase of the roll-out has been completed, with the offline concierge service offering having gone live.

Ten will provide members with a premium travel and lifestyle concierge service, including access to unique offers, benefits, and localised events, as well as access to its leading digital platform among other services.

The contract is expected to be a Medium contract*.

Malcolm Berry, President, Americas, Ten Lifestyle Group plc, said;

“We are thrilled to have been chosen as a key partner here in the United States of America and are excited to be providing this major player with Ten’s digital platform to give members the most relevant personalised information, through their preferred channel and with the ability to transact digitally, too.”

*Contracts where Ten provides concierge and related services where the annual value of net revenue is between £250,000 and £2 million.

Five Minute Pitch TV made a short film of Ten Lifestyle group at their IPO in late 2017. CEO Alex Cheatle discussed the groups offering, operations and forward strategy. The video is available to watch here