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Triterras, Inc. (TRITW)

NasdaqGM - NasdaqGM Delayed Price. Currency in USD
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1.7000-0.0200 (-1.16%)
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Previous Close1.7200
Open1.6600
Bid1.5000 x 3000
Ask1.7400 x 900
Day's Range1.6300 - 1.7800
52 Week Range1.6300 - 1.7800
Volume80,974
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Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
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    • Triterras Announces Strategic Partnership with Western Union Business Solutions
      GlobeNewswire

      Triterras Announces Strategic Partnership with Western Union Business Solutions

      SINGAPORE, March 09, 2021 (GLOBE NEWSWIRE) -- Triterras Inc. (Nasdaq: TRIT, TRITW) (“Triterras” or the “Company”), a leading fintech company for trade and trade finance, today announced its partnership with Western Union Business Solutions to provide cross-border payments services between traders and lenders on its Kratos platform. Under this partnership, Western Union Business Solutions’ will offer Kratos users access to fast and reliable technology for the movement of global funds, and expertise in currency risk management. As a leading provider of global payments technology Western Union Business Solutions is a strong complement to Triterras and its blockchain-enabled Kratos platform. “This strategic partnership provides us with an opportunity to reduce our client’s transaction cycle times which will further reduce the borrowing costs of our traders on the Kratos platform,” said Srinivas Koneru, founder, executive chairman and CEO of Triterras. “This partnership is consistent with our overall strategy to continually enhance the value proposition of our Kratos platform to its community of users. The ease of cross-border payments will help make Kratos an even more transformative digital marketplace for trade and trade finance.” Western Union Business Solutions’ innovative online technology and vast financial network help more than 60,000 individuals and businesses manage cross-border payments and currency risk. “We are excited to work with Triterras as a referral partner and provide our leading WU®EDGE platform to its customers. With global settlement capabilities, a commitment to compliance, and expertise in managing currency risk we can help Triterras make cross border payments easy and efficient for its users. This is a significant partnership within our overall strategy to help organisations around the world streamline global payments for their customers,” said Michelle Mak, Head of Sales Asia for Western Union Business Solutions. Triterras 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. Kratos is the only non-petroleum commodity trade and trade finance blockchain-enabled platform of scale, serving the sub-$10-million-dollar segment. Kratos provides transformational benefits for physical commodity traders and borrowers, solving many key problems by reducing paperwork, mitigating document errors and fraud, and increasing speed, while also providing lower transaction costs, faster cycle times, fraud mitigation, improved counterparty discovery, and higher quality analytics and reporting. For lenders, Kratos cuts administration costs, mitigates risk and the risk of fraud, and provides a marketplace of borrowers who have been subject to bank-grade anti-money laundering and “know-your-customer” checks. About Triterras Triterras 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 platforms that connects and enables commodity traders to trade and source capital from lenders directly online. For more information, please visit triterras.com or email us at contact@triterras.com. About Western UnionThe Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect businesses, financial institutions, governments, and consumers through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and over half a million retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com. Forward Looking StatementsThis press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Triterras’ actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include Triterras’ expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside Triterras’ control and are difficult to predict. Factors that may cause such differences include but are not limited to risks and uncertainties incorporated by reference under “Risk Factors” in Triterras’ Form 20-F (001-39693) filed with the Securities and Exchange Commission (the “SEC”) on November 16, 2020 (the “Form 20-F”) and in Triterras’ other filings with the SEC. Triterras cautions that the foregoing list of factors is not exclusive. Triterras cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Triterras does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Investor Relations Contacts:Jim Groh, Triterras Inc.Mobile: +1 (678) 237-7101Email: IR@triterras.com Gateway Investor RelationsCody Slach and Matt GloverOffice: +1 (949) 574-3860Email: TRIT@gatewayir.com Media Contacts:Gregory PapajohnOffice of Corporate CommunicationsTriterras, Inc.Mobile: +1 (917) 287-3626Email: press@triterras.com

    • TRIT Deadline Notice: Rosen, Global Investor Counsel, Encourages Triterras, Inc. f/k/a Netfin Acquisition Corp. Investors with Large Losses to Secure Counsel Before Important Deadline Today - TRIT, TRITW
      Newsfile

      TRIT Deadline Notice: Rosen, Global Investor Counsel, Encourages Triterras, Inc. f/k/a Netfin Acquisition Corp. Investors with Large Losses to Secure Counsel Before Important Deadline Today - TRIT, TRITW

      New York, New York--(Newsfile Corp. - February 19, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Triterras, Inc. f/k/a Netfin Acquisition Corp. (NASDAQ: TRIT) (NASDAQ: TRITW) between August 20, 2020 and December 16, 2020, inclusive (the "Class Period"), of the important February 19, 2021 lead plaintiff deadline.SO WHAT: If you purchased Triterras securities during the Class Period you may be entitled to compensation without ...

    • TRIT, TRITW Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Triterras, Inc. Investors of Class Action and Lead Plaintiff Deadline: February 19, 2021
      Business Wire

      TRIT, TRITW Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Triterras, Inc. Investors of Class Action and Lead Plaintiff Deadline: February 19, 2021

      Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Triterras, Inc. ("Triterras" or the "Company") f/k/a Netfin Acquisition Corp. ("Netfin") (NASDAQ: TRIT, TRITW) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Triterras securities between August 20, 2020 and December 16, 2020, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/trit.