Intelligent CIO Middle East Issue 100 | Page 69

INTELLIGENT BRANDS // Mobile Technology

Triterras to promote working capital lending solutions to Card Cutters ’ clients

Triterras focused on trade and trade finance , announced a collaboration agreement with Card Cutters Computer Equipment and Requisites Trading . Under the terms of the agreement , Triterras will directly promote its working capital lending solutions to Card Cutters ’ clients in the UAE .

The initiative is part of the Company ’ s larger strategy to partner with e-commerce and point-of-sale , POS platform providers , to offer an end-to-end digital lending solution to their clients .
The Triterras ’ ecosystem brings together funders and micro , small and medium enterprises , MSME borrowers , to drive access and efficiency for all parties . The Kratos blockchain-enabled platform is powered by advanced credit analysis tools and revenue-based financing analytics and facilitates transactions in a completely digital environment . to them . It is a win-win for all parties ” said Triterras ’ Chairperson and Chief Executive Officer Srinivas Koneru .
Triterras ’ e-commerce lending programme is designed for a multitude of e-commerce platform applications , including e-commerce aggregators , e-commerce marketplaces and POS service providers . The Company has demonstrated the ability to provide capital to micro and small business customers in collaboration with various platform providers . The programme is being offered in the UAE through Triterras ’ Invoice Bazaar subsidiary .
Triterras is a global fintech company coheadquartered in Singapore and Dubai and innovator of inclusive finance solutions
Srinivas Koneru , CEO and Chairperson , Triterras for the world ' s micro , small and medium enterprises , MSMEs . The Company launched and operated Kratos a fintech platform which directly connects MSMEs with lenders online to source capital across commodity trading , supply chain , logistics , and ecommerce finance . For more information , please visit triterras . com or email us at contact @ triterras . com .
Card Cutters is a Card Acceptance and Payment Solutions Specialist in Dubai offering the latest payments technology and merchant services available to a wide range of businesses . Founded in 2009 , Card Cutters serves over 10,000 merchants in the UAE . Representing ADIB Services in all Emirates , Card Cutters is a provider of debit and credit card services to the market . p
Card Cutters is one of the fastest growing Merchant Services companies operating within the Emirates , offering a wide range of credit and debit card processing services and the latest chip and pin solutions . Based in Dubai and Abu Dhabi , Card Cutters UAE provides their client base with POS terminals , credit card machines and web-based payment gateways . Founded in 2009 , Card Cutters serves over 10,000 merchants .
“ We are delighted to announce this collaboration with Card Cutters . We believe that our alliance provides an additional valueadded benefit to Card Cutters ’ offerings , where critically needed working capital will be made available to their clients , and funders on our Kratos platform will have access to attractive lending opportunities that they otherwise would not have available
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