TRITERRAS INC A ORD - TRIRF STOCK NEWS

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Triterras Asia Pte Ltd is a Singapore-based global investment and holding company with investments in international physical commodities trading companies and information technology consulting firms. They provide essential resources to businesses worldwide and intelligent business solutions to companies operating globally.

The company has recently announced a strategic collaboration between Invoice Bazaar, a subsidiary of Triterras, and Rapid Cari Delivery Services, LLC, a prominent food delivery platform in Dubai. This partnership aims to provide tailored working capital financing solutions to restaurants affiliated with Cari's network through Invoice Bazaar's innovative supply chain finance platform, KRATOS™.

This collaboration showcases Invoice Bazaar's commitment to empowering businesses through accessible financial services and its dedication to driving economic growth within the UAE.

01/30/2024 05:00 AM

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Triterras Announces Collaboration with Card Cutters

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Triterras, a leading fintech company, announced a collaboration with Card Cutters to offer digital working capital access to their clients in the UAE. The initiative is part of Triterras' larger strategy to partner with e-commerce and POS platform providers to provide an end-to-end digital lending solution. The Kratos™ blockchain-enabled platform will facilitate transactions in a completely digital environment. Card Cutters is a fast-growing Merchant Services company in the Emirates, serving over 10,000 merchants. Triterras' Chairman and CEO, Srinivas Koneru, expressed excitement about the collaboration, emphasizing the 'win-win' situation for all parties involved.

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01/23/2024 05:00 AM

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Invoice Bazaar, a Triterras Company, Collaborates with Cari to provide Working Capital Solutions to Restaurants

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Invoice Bazaar, a subsidiary of Triterras, has formed a strategic collaboration with Rapid Cari Delivery Services, LLC to provide tailored working capital financing solutions to restaurants affiliated with Cari's food delivery platform in the United Arab Emirates. The alliance aims to empower restaurants with innovative supply chain finance solutions through Invoice Bazaar's KRATOS™ platform, powered by advanced credit analysis tools and revenue-based financing analytics. This collaboration will enable restaurants to manage cash flow effectively and increase promotional spending on the platform, ultimately fostering a more robust and thriving restaurant community in the UAE.

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12/18/2023 06:00 AM

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Triterras Collaborates with Oman-Based Mamun

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Triterras, Inc. (TRIT) collaborates with Mamun to provide short-term lending solutions and white-label trade finance platforms to banks in Oman. The alliance aims to enhance the trade finance and short-term lending landscape in Oman, focusing on the MSME finance sector, particularly in the food and beverage industry. Triterras will also introduce eDirect Debit, a payment technology developed by Mamun, in the UAE.

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10/02/2023 07:30 AM

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Triterras Announces the Appointment of Vinay Kapoor to Executive Vice President

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Triterras appoints Vinay Kapoor as Executive Vice President to lead global corporate development efforts and expand presence in new business areas.

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09/26/2023 07:30 AM

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Triterras Announces the Addition of Two New Hires to Serve a Growing Pipeline of Funding Opportunities

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Triterras hires Marina Golubeva and Ali Rakib to expand its lending portfolio in trade and trade finance. Golubeva will focus on securing investors in North America and Europe while Rakib will grow Triterras' network of institutional investors in Dubai and beyond. The company aims to offer de-risked opportunities with its advanced technology and global presence.

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07/31/2023 04:05 PM

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Triterras Appoints New Vice President of Business Development

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Triterras, Inc. (TRIT) appoints Saurabh Arora as Vice President of Business Development. Arora will oversee the development of new client, partner, and ecosystem relationships to further the global expansion of cross-border trade opportunities. With a solid track record of international work experience, Arora's expertise in bringing innovative solutions to MSMEs has transformed operating models for continuity, scalability, and long-term growth.

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07/12/2023 04:05 PM

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Triterras Provides Update on Filing of Form 15 to Voluntarily Deregister and Suspend SEC Reporting Obligations

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06/05/2023 08:00 AM

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Digital Trade and Supply Chain Finance Provider Appoints Marina Narganes to Leadership Team

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05/03/2023 07:00 AM

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Triterras Announces Board of Directors Update

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11/30/2022 06:30 AM

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Triterras Reports Financial Results for the Six Months Ended August 31, 2022

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Triterras (TRIRF) reported challenging financial results for the six months ending August 31, 2022. Revenue increased 15% to $26.4 million, but the company faced a net loss of $21.6 million ($0.28 loss per share), primarily due to a $14.4 million impairment in trade and loan receivables and increased operational costs. A total transaction volume of $989.6 million was recorded, significantly lower than $4 billion in the previous period. The company continues to expand its Supply Chain Finance operations amidst ongoing financial challenges for its customers.

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FAQ

What is the current stock price of TRITERRAS A ORD (TRIRF)?

The current stock price of TRITERRAS A ORD (TRIRF) is $0.0108 as of July 30, 2024.

What is the market cap of TRITERRAS A ORD (TRIRF)?

The market cap of TRITERRAS A ORD (TRIRF) is approximately 826.5K.

What is Triterras Asia Pte Ltd?

Triterras Asia Pte Ltd is a Singapore-based global investment and holding company with investments in international physical commodities trading companies and information technology consulting firms.

What recent collaboration has Triterras announced?

Triterras has recently announced a strategic collaboration between Invoice Bazaar, a subsidiary of Triterras, and Rapid Cari Delivery Services, LLC, a prominent food delivery platform in Dubai.

What is the goal of the collaboration between Invoice Bazaar and Rapid Cari Delivery Services?

The collaboration aims to provide tailored working capital financing solutions to restaurants affiliated with Cari's network through Invoice Bazaar's supply chain finance platform, KRATOS™.

What does the partnership between Invoice Bazaar and Cari signify?

The partnership showcases Invoice Bazaar's commitment to empowering businesses through accessible financial services and driving economic growth within the UAE.