Company History

Triterras was founded in 2012 by Srinivas Koneru. Triterras started with a trading house (Rhodium Resources) that primarily traded non-petroleum physical commodities.

In 2017, due to the difficulties faced by SMEs in sourcing enough financing to keep up with opportunities, we started the development of Kratos – our custom-built, blockchain-enabled trading and trade finance platform. It meets the needs of both traders (buyers & suppliers) and financing sources like alternative lenders.

Rhodium’s robust business provided the necessary kickstart, scale, and industry knowhow to launch the Kratos platform by infusing a community of traders and trade finance participants eager to take advantage of the benefits. For Rhodium, Kratos provided significant operational benefits – improved access to capital, reduced cycle time, helped mitigate fraud, improved trade discovery, and highlighted quality analytics and reporting.

The combination of a transformational technology and a world-class institutional physical commodity trading organization is a rare combination in our industry, and it continues to accelerate our leadership position.

Triterras is headquartered in Singapore, which is a large trading hub that gives us access to many necessary supporting counterparts – buyers, suppliers, lenders, and insurers. We have since expanded our operations through organic growth to operate offices in Singapore, Malaysia, Hong Kong, China, Dubai, India, Australia, the United Kingdom, and the U.S.

We have been consistently profitable from inception and in FY2019, we generated over $86.8 million in EBITDA.

Key Milestones

    • Triterras commenced operations with its Singapore office
    • Pioneered use of Credit Insurance for Receivable Sales
    • $1bn in Trade Turnover
    • Kratos Platform development started
    • Acquired 4 Supermax-Class Bulk Vessels
    • $2bn in Trade Turnover
    • Initial pilot of Kratos completed
    • $4bn in Trade Turnover
    • Launched Kratos
    • Launched Trade Finance Module
    • Achieved annual target of lenders on platform by fiscal Q1

Triterras Pillars

  • Integrity

    We are in it to win it, but there is no compromise when it comes to fair play. We act ethically with high moral standards to be accountable in all that we do.

  • Innovation

    We pioneer change and challenge the status quo to foster an innovative spirit and entrepreneurial vision. We stay ahead of the market with solutions that make a difference.

  • Quality & Reliability

    We provide high quality and consistent reliability in all our services and businesses. We deal with each situation in a timely manner with great care and the right expertise and tools.

  • Knowledge

    We have a detailed understanding of the industries we are in. We also conduct due diligence for all our activities to ensure informed decisions are made.

  • Collaboration

    We are committed to working with our partners and clients to find synergies and add value by always being collaborative and open to new perspectives.

Corporate Social Responsibility

Environmental Protection

Triterras believes that small contributions can cumulatively add up to make a larger impact.

In 2018, we committed to planting trees to create awareness of environmental protection.

Through our “Tree Planting Day” efforts, it is estimated that all the trees we planted will absorb/sequester an average of 9,640kg of carbon dioxide annually. We plan on continuing these efforts.

Community Support

Triterras cares for the community and values human potential.

We have been and continue to be a sponsor of organizations that provide rehabilitation to youths with addiction issues and organizations that help human trafficking victims recover and achieve stability.

Moving forward, we would like to further expand in the ways we support our community.

Sustainable Sourcing

Triterras believes that sustainable sourcing is achievable and supports industry efforts to develop and meet principles/standards on the production of commodities on a sustainable basis.

The trade division of Triterras is a member of RSPO, which promotes sustainable palm oil production.

Triterras will continue to find and support the growth of sustainable sourcing programs.

Industry Recognition

Disruptor/ Innovator Award A business which has transformed and made a difference to the industry it is in
2020
Entrepreneur of the Year (Awarded to CEO, Cheam Hing Lee) An entrepreneur with demonstrated industry stewardship, while championing economic growth and sustainability goals
2017
The Most Innovative Fintech Company (APAC) Recognizes a fintech company which has demonstrated innovative spirit at a regional level
2020
Emerging IT Company of the Year An organization which has demonstrated excellence in branding & marketing
2019
Business Eminence Award Celebrates the key movers and shakers in the Singapore business community from across all industry verticals
2020 (Fintech) 2017 (Trade)
The Innovators in Trade Finance Honors entities that regularly identify new paths and design new tools in finance
2020
Top 10 Capital Market Tech Solution Providers Tech solution providers with prowess – permeating the market with a slew of end-to-end services and solutions
2019


Operating Locations

Triterras has established itself in key locations across the world

Triterras Headquarters: 23-04 Republic Plaza, 9 Raffles Place, Singapore 048619

  • Singapore
  • London
  • Dubai
  • Atlanta
  • Guangzhou
  • Hong Kong
  • Melbourne
  • Labuan
  • Sydney