- Lowers admin costs for lenders and makes loans more profitable
- Reduces risk and fraud
- Gives access to prequalified and packaged borrowers with KYC/AML
Triterras Fintech is a leading fintech company focused on trade and trade finance. It launched and operates Kratos—one of the world’s largest commodity trading and trade finance digital marketplaces that connects and enables commodity traders to trade and source capital from lenders directly online.
Trade finance is the $40 trillion business of financing the movement of goods across oceans and borders.1 Trade finance provides the necessary credit which facilitates the purchase, exporting, shipping, and importing of vital commodities.
Trade finance is a highly complex process with numerous steps and participants. Goods shipped internationally normally pass through multiple transfers, and it is not uncommon to finance each leg of the journey separately.
Lenders are attracted to high risk adjusted yields, but SME Loans are not cost effective because of:
All these issues have
the funding gap for SMEs in trade finance
2 World Trade Organization, wto.org
Built using blockchain technology, the platform mitigates risk and promotes security, efficiency, trust, and transparency throughout the entire trade process
Innovation and perseverance are part of our culture and we live it every day. It fuels our pursuit of excellence and inspires us to push for better ideas and outcomes.