Tenet Creates New U.S. Subsidiary in Preparation for Expansion of Business Hub
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) has established a new Delaware-based subsidiary, Cubeler Inc. (U.S.), to facilitate its Business Hub expansion into the U.S. market in Q2 2025. The subsidiary will manage legal and operational aspects of the Business Hub in the United States.
The company is actively preparing for the expansion by:
- Recruiting U.S.-based bookkeeping and accounting service partners
- Partnering with U.S. financial institutions and commercial credit providers
- Adapting the platform for U.S.-based SMEs
Tenet is accelerating its U.S. market entry due to the current North American economic climate, which they believe could drive demand for their services. The Business Hub aims to help SMEs find new clients and explore business opportunities both domestically and internationally, while their ie-Pulse macroeconomic data indexes will provide insights into the U.S. economy.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) ha istituito una nuova filiale con sede nel Delaware, Cubeler Inc. (U.S.), per facilitare l'espansione del suo Business Hub nel mercato statunitense nel secondo trimestre del 2025. La filiale gestirà gli aspetti legali e operativi del Business Hub negli Stati Uniti.
L'azienda si sta preparando attivamente per l'espansione attraverso:
- Reclutamento di partner di servizi di contabilità e bookkeeping con sede negli Stati Uniti
- Collaborazione con istituzioni finanziarie statunitensi e fornitori di credito commerciale
- Adattamento della piattaforma per le PMI statunitensi
Tenet sta accelerando l'ingresso nel mercato statunitense a causa dell'attuale clima economico nordamericano, che ritengono possa aumentare la domanda per i loro servizi. Il Business Hub mira ad aiutare le PMI a trovare nuovi clienti ed esplorare opportunità commerciali sia a livello nazionale che internazionale, mentre i loro indici macroeconomici ie-Pulse forniranno informazioni sull'economia statunitense.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) ha establecido una nueva subsidiaria con sede en Delaware, Cubeler Inc. (U.S.), para facilitar la expansión de su Business Hub en el mercado estadounidense en el segundo trimestre de 2025. La subsidiaria gestionará los aspectos legales y operativos del Business Hub en los Estados Unidos.
La empresa se está preparando activamente para la expansión mediante:
- Reclutamiento de socios de servicios contables y de teneduría de libros con sede en EE. UU.
- Colaboración con instituciones financieras estadounidenses y proveedores de crédito comercial
- Adaptación de la plataforma para las pymes estadounidenses
Tenet está acelerando su entrada en el mercado estadounidense debido al actual clima económico de América del Norte, que creen que podría impulsar la demanda de sus servicios. El Business Hub tiene como objetivo ayudar a las pymes a encontrar nuevos clientes y explorar oportunidades comerciales tanto a nivel nacional como internacional, mientras que sus índices macroeconómicos ie-Pulse proporcionarán información sobre la economía de EE. UU.
테넷 핀테크 그룹 (CSE: PKK) (OTCQB: PKKFF)는 델라웨어에 새로운 자회사인 큐벨러 Inc. (U.S.)를 설립하여 2025년 2분기에 미국 시장으로의 비즈니스 허브 확장을 촉진하고자 합니다. 이 자회사는 미국 내 비즈니스 허브의 법적 및 운영적 측면을 관리할 것입니다.
회사는 확장을 위해 다음과 같은 준비를 적극적으로 진행하고 있습니다:
- 미국에 기반한 회계 및 장부 관리 서비스 파트너 모집
- 미국 금융 기관 및 상업 신용 제공업체와의 파트너십
- 미국 중소기업을 위한 플랫폼 조정
테넷은 현재 북미 경제 상황으로 인해 미국 시장 진입을 가속화하고 있으며, 이는 그들의 서비스에 대한 수요를 증가시킬 수 있다고 믿고 있습니다. 비즈니스 허브는 중소기업이 새로운 고객을 찾고 국내외 비즈니스 기회를 탐색하도록 돕는 것을 목표로 하며, 그들의 ie-Pulse 거시경제 데이터 지수는 미국 경제에 대한 통찰력을 제공할 것입니다.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) a établi une nouvelle filiale basée dans le Delaware, Cubeler Inc. (U.S.), pour faciliter l'expansion de son Business Hub sur le marché américain au deuxième trimestre 2025. La filiale gérera les aspects juridiques et opérationnels du Business Hub aux États-Unis.
L'entreprise se prépare activement à l'expansion en:
- Recrutant des partenaires de services de comptabilité et de tenue de livres basés aux États-Unis
- Établissant des partenariats avec des institutions financières américaines et des fournisseurs de crédit commercial
- Adaptant la plateforme pour les PME américaines
Tenet accélère son entrée sur le marché américain en raison du climat économique nord-américain actuel, qu'ils estiment pouvoir stimuler la demande pour leurs services. Le Business Hub vise à aider les PME à trouver de nouveaux clients et à explorer des opportunités commerciales tant au niveau national qu'international, tandis que leurs indices de données macroéconomiques ie-Pulse fourniront des informations sur l'économie américaine.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) hat eine neue Tochtergesellschaft mit Sitz in Delaware, Cubeler Inc. (U.S.), gegründet, um die Expansion seines Business Hub in den US-Markt im zweiten Quartal 2025 zu erleichtern. Die Tochtergesellschaft wird die rechtlichen und operativen Aspekte des Business Hub in den Vereinigten Staaten verwalten.
Das Unternehmen bereitet sich aktiv auf die Expansion vor, indem es:
- US-amerikanische Partner für Buchhaltungs- und Buchführungsdienste rekrutiert
- Partnerschaften mit US-Finanzinstituten und gewerblichen Kreditgebern eingeht
- Die Plattform für US-amerikanische KMU anpasst
Tenet beschleunigt den Eintritt in den US-Markt aufgrund des aktuellen nordamerikanischen Wirtschaftsklimas, von dem sie glauben, dass es die Nachfrage nach ihren Dienstleistungen steigern könnte. Der Business Hub zielt darauf ab, KMU dabei zu helfen, neue Kunden zu finden und sowohl national als auch international Geschäftsmöglichkeiten zu erkunden, während ihre ie-Pulse makroökonomischen Datenindizes Einblicke in die US-Wirtschaft bieten.
- Strategic expansion into the large U.S. market
- Establishment of legal entity to facilitate operations
- Timely market entry during favorable economic conditions
- Significant investment and resources required for U.S. market entry
- No immediate revenue impact until Q2 2025 launch
- Potential challenges in securing partnerships and market adoption
Toronto, Ontario--(Newsfile Corp. - April 1, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has incorporated a new wholly-owned subsidiary to conduct business in the U.S. ahead of the Company's planned expansion of the Business Hub to that market in the second quarter of 2025.
The new entity, incorporated in the state of Delaware, will be conducting business under the name Cubeler Inc. (U.S.) and will have legal and operational rights related to the Business Hub in the United States. The creation of Cubeler U.S. is part of Tenet's ongoing preparation of the Hub's expansion, which includes recruiting U.S. based bookkeeping and accounting service partners, U.S. financial institutions and commercial credit partners, and adapting the platform to begin welcoming and servicing U.S. based SMEs as quickly as possible. The Company has made a concerted effort to accelerate its entry into the U.S. market given the prevailing North American economic climate, which Tenet believes could help fuel demand for its product offering.
"There's a great deal of anxiety among small and medium-sized business owners on both sides of the border these days," commented Tenet CEO Johnson Joseph. "It's never been more important for SMEs to have access to the services that the Business Hub offers them, including the ability to potentially find new clients and explore new business opportunities, whether domestically or abroad. That's why we believe that with the right messaging, the timing could be right for the Hub to have a successful launch in the U.S. market. On the other side of our product offering equation, we believe that having the ability to gauge what impact the current economic uncertainty is having on SMEs on a daily basis, particularly on U.S. SMEs, could drive demand for our ie-Pulse macroeconomic data indexes once we begin providing insights into the U.S. economy," concluded Mr. Joseph.
About Tenet Fintech Group Inc.:
Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.
For more information, please contact:
Tenet Fintech Group Inc.
Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com
CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com
Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech
Forward-Looking information
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-Looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-Looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-Looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246887
FAQ
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