Welcome to our dedicated page for TENET FINTECH GROUP news (Ticker: PKKFF), a resource for investors and traders seeking the latest updates and insights on TENET FINTECH GROUP stock.
Tenet Fintech Group Inc., through its subsidiaries, operates as an IT portfolio management company in China. The company operates through two segments, Fintech Platform and Financial Services. The Fintech Platform segment provides logistic, procurement, and distribution of products within supply chains or facilitating transactions in the commercial lending industry through technology platforms. The Financial Services segment offers commercial loans to entrepreneurs and small and medium-sized businesses, as well as turn-key credit outsourcing services to banks and other lending institutions. Formerly known as Peak Positioning Technologies Inc., the company changed its name to Tenet Fintech Group Inc. in November 2020. Conveniently based in Montréal, Canada, the company is at the forefront of leveraging technology in the financial sector to drive efficiency and growth.
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that the Cubeler® Business Hub facilitated over $1,250,000 in loans in Canada in November 2023. The platform also attracted new lenders and saw a 25% increase in SME registrations in the fourth quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.88%
Tags
-
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced its financial results and operating highlights for the three-month and nine-month periods ended September 30, 2023, and September 30, 2022. The company reported a total revenue of $9.2M for the quarter and a net loss of $43.0M, including $36.4M of non-cash impairment charges. Q3 Operating Highlights include the closing of $10.9M of planned total of $20M private placement financing and a strategic alliance with Certified Professional Bookkeepers of Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.96%
Tags
-
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) launches Tenoris3 Inc.'s website, offering previews of upcoming ie-Pulse1 and Equity Insider2 products. Leveraging data from Cubeler® Business Hub, Tenoris3 aims to provide AI and analytics-based products for capital markets professionals, traders, economists, and governments, with plans to offer over a million indices through its ie-Pulse offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
Tags
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) releases statistics on Cubeler® Business Hub activity in China, revealing over CAD$3.5 billion in facilitated loans and credit for 100,000+ SMEs. Retail businesses on JD.com received 47.9% of the total credit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
Tags
-
Rhea-AI Summary
Tenet Fintech Group Inc. provided an update on the credit activity facilitated by its Cubeler Business Hub platform in Canada. As of October 2023, loans and credit totaling over $980,000 were awarded on the platform. The credit was divided among various industries, with professional services receiving the largest share at 43%, followed by wholesale trade at 31%. The company expressed optimism about the platform's growth and its ability to support small and medium-sized enterprises (SMEs) across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
-
Rhea-AI Summary
Tenet Fintech Group announces results of special meeting of shareholders and appointment of new Chief Operating Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
Rhea-AI Summary
Tenet Fintech Group has signed a new agreement with Industrial Bank Co. Ltd. to expand services offered through the Cubeler® Business Hub. The agreement allows for payment processing, financing, and other related services. The tighter integration of the Cubeler® Business Hub's Gold River module with CIB's systems enables more information to flow in both directions, enabling the provision of additional services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.34%
Tags
-
News
Rhea-AI Summary
Tenet Fintech Group signs lead generation agreement with eCapital to bring more funding options to Cubeler Business Hub
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.45%
Tags
-
Rhea-AI Summary
Tenet Fintech Group announces success of program to improve distribution and delivery efficiency in China
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.65%
Tags
News
Rhea-AI Summary
Tenet Fintech Group signs strategic alliance agreement with Canadian Chamber of Commerce's SME Institute
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
FAQ
What is the current stock price of TENET FINTECH GROUP (PKKFF)?
The current stock price of TENET FINTECH GROUP (PKKFF) is $0.0528 as of December 20, 2024.
What is the market cap of TENET FINTECH GROUP (PKKFF)?
The market cap of TENET FINTECH GROUP (PKKFF) is approximately 14.7M.
What services does Tenet Fintech Group Inc. provide?
Tenet Fintech Group Inc. provides logistic, procurement, and distribution services within supply chains, facilitates commercial lending transactions, offers commercial loans to entrepreneurs and small businesses, and provides turn-key credit outsourcing services.
Where is Tenet Fintech Group Inc. based?
Tenet Fintech Group Inc. is conveniently based in Montréal, Canada.
What was the previous name of Tenet Fintech Group Inc.?
Tenet Fintech Group Inc. was formerly known as Peak Positioning Technologies Inc. before changing its name in November 2020.
What are the core segments of Tenet Fintech Group Inc.?
Tenet Fintech Group Inc. operates through two core segments, the Fintech Platform, and Financial Services, catering to different aspects of the financial and technology sectors to drive growth and innovation.
What distinguishes Tenet Fintech Group Inc. from its competitors?
Tenet Fintech Group Inc. stands out by providing innovative technology solutions within the financial sector, offering logistic and procurement services that drive efficiency, and delivering commercial lending options to entrepreneurs and businesses.
How can I get in touch with Tenet Fintech Group Inc.?
To contact Tenet Fintech Group Inc., you can reach out to the Chief Operating Officer, Mayco Quiroz, at 514-340-7775 ext.: 510 or via email at investors@tenetfintech.com.
TENET FINTECH GROUP INC
OTC:PKKFF
PKKFF Rankings
PKKFF Stock Data
14.75M
212.01M
9.73%
0.17%
0.5%
Software - Infrastructure
Technology
United States of America
Toronto