At Mobile World Congress 2024, Ericsson and Hewlett Packard Enterprise (HPE) announced partnering to deliver fintech cloud services leveraging HPE GreenLake. This strategic collaboration aims to combine Ericsson’s expertise in telecommunications and HPE’s cloud infrastructure to provide innovative solutions for the finance industry.

The alliance between the two companies aims to open up fresh revenue opportunities, revamp financial services and provide smooth, secure digital financial solutions to enterprise clients. Offering enterprises cloud-like agility and scalability, Ericsson and Hewlett Packard Enterprise (HPE) will integrate the Ericsson Wallet Platform with HPE GreenLake to advance digital transformation in financial services.

Phil Cutrone, SVP & GM WW OEM Solutions, Service Providers, and Telco at HPE emphasized, “This partnership marks a milestone for both HPE and Ericsson. Together, we’re poised to drive innovation in financial services and IT, unlocking new revenue streams for enterprise customers and enhancing their users’ digital financial services experience.”