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The collaboration agreement with Card Cutters will allow Triterras to directly promote its end-to-end digital lending services to their clients in the UAE; this initiative is a part of Triterras’ larger strategy to partner similar e-commerce and point-of-sale (POS) platform operators to provide such comprehensive financing solutions.

The strategic alliance seeks to introduce Invoice Bazaar’s comprehensive financial solutions to restaurants affiliated with Cari's food delivery platform in the UAE, which will allow them to manage cash flow more effectively, increase their promotional spending on the Cari platform, attract more customers and to stay ahead of their competitors.

Our strategic alliance with Mamun will allow us to provide short-term lending solution to MSMEs and white-label Kratos, our trade finance platform to the banks in the Sultanate of Oman. We will also be introducing Mamun's direct debit payment technology solution to help ease the handling of business transactions in the UAE.

“Triterras is on an exciting and pivotal journey as we endeavor to deliver on our promise to meet the growing demands for financial and business services in the Middle East. Vinay, an extremely well-respected and trusted industry leader with great stature in the business community, will be a great complement to our Leadership team.” said Srinivas Koneru, Chairman & CEO.

Reporting to the Head of Distribution & Sales Strategy, the new hires will engage with institutional investors who are interested in deploying capital for cross-border trade finance opportunities. This comes on the back of Triterras' expansion of its lending portfolio in both emerging and developed markets.

Triterras' win was based on quantitative and qualitative assessments which cover background checks on our operating practices, adherence of our Directors to their duties, management and compliance, criminal and related legal checks, the scalability of business model as well as market acceptance and rating of our business. In view of such comprehensive and stringent audits, Triterras' win certainly speaks volume of our organization and business offerings, as it affirms our business standards, qualities and performance.

Triterras FinTech Pte Ltd is immensely proud to be accepted as an Ordinary Corporate Member of the Singapore Indian Chamber of Commerce and Industry (SICCI), the premier business association for Indian businesses in Singapore, with over 1,000 members from all walks of trade and industry.

Triterras Inc. (OTC Expert Market: TRIRF), a leading fintech company focused on trade and trade finance, today reported its financial results for the six-months ended August 31, 2022, representing the first half of the Company’s 2023 fiscal year. Click below to read the full press release.