Triterras, Inc.
TRIRW
Other OTC0.00
USD
+0.00
- -
CIK
0001819876
ISIN
KYG9103H1103
CUSIP
G9103H110
Return %
Stock
S&P500
1Y
-99.99
19.25
3Y
-100.00
65.11
5Y
-100.00
72.21
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Srinivas Koneru
- Full Time Employees
- 49
- Sector
- Technology
- Industry
- Information Technology Services
- Address
- 9 Raffles Place Singapore Singapore 048619
- CIK
- 0001819876
- Website
- triterras.com
- Similar Companies
- Business
- Triterras, Inc. is a fintech company specializing in trade and trade finance, operating a blockchain-enabled digital platform known as Kratos that facilitates commodities trading and trade finance transactions by connecting commodity traders and lenders online. Its core products and services include trade discovery, trade finance, risk management, supply chain finance, invoice discounting, and supplier finance modules, delivered primarily through the Kratos platform to small and medium-sized enterprises across markets including the United Arab Emirates, Singapore, Hong Kong, Malaysia, Central and South America, and Africa. Founded in 2018 and headquartered in Singapore, Triterras aims to enhance trade finance efficiency, transparency, and accessibility by leveraging advanced financial technology such as blockchain to digitize trade documentation and provide real-time transaction visibility to all parties involved including banks and insurers. In recent years, Triterras completed a business combination with Netfin Acquisition Corp., a Nasdaq-listed SPAC, which enabled it to go public in 2020 and raised significant capital for growth; however, the company faced financial challenges and a decline in stock value, eventually leading to delisting from Nasdaq and trading on over-the-counter markets. The company expanded its fintech offerings by acquiring Invoice Bazaar in 2021, a supply chain finance and receivables finance platform, thus broadening its working capital solutions portfolio. Most recently, Triterras has sought to grow its geographic footprint and onboard lenders and traders in emerging markets such as Central and South America and Africa while continuing to develop new modules and pilot supply chain finance services. The company has also experienced regulatory and legal challenges, including a lawsuit filed by the U.S. Securities and Exchange Commission against its founder for alleged fraudulent practices related to public disclosures in the business combination process. Despite these challenges, Triterras maintains its focus on providing innovative fintech solutions to improve trade finance accessibility and efficiency globally.