Invoice Bazaar Blog

Trade Finance fintech platform Triterras lists on Nasdaq

By Invoice Bazaar | November 11, 2020

Singapore based fintech platform Triterras got listed on Nasdaq through the SPAC (Special Purpose Acquisition Company) route by combining with Netfin Acquisitions. Triterras has developed the Kratos platform that connects Lenders to Trade Finance borrowers. The platform has various modules that helps Lenders including Trade Finance/Credit focused funds to find opportunities to deploy their capital into mid-sized trade finance deals. The platform also helps connect traders and streamline a number of processes involved in physical trade. Since its inception in 2019, Kratos claims to have had cumulative transaction volume of US$8.7Bn. Triterras had earlier reported revenues of US$23.7Mn for the first half of 2020.