Home Top Movers Why Is Triterras (TRIT) Rallying Today?

Why Is Triterras (TRIT) Rallying Today?

In early session today, shares of trade and finance-related technology company Triterras Inc. (Nasdaq: TRIT) are picking up momentum. At the time of this writing, the fintech firm’s stock was soaring at $7.69, up 13.42%, following an agreement to enter into a partnership developing a cross-border payment platform.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

Can the partnership generate value for the company?

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

One of the world’s largest commodity trading and trade finance platforms, Kratos, is operated by Triterras. The platform connects and enables market participants to trade commodities directly online as well as to obtain financing. Kratos is the only platform serving the $10 million sub segment of non-petroleum commodity trade and trade finance using blockchain technology.

Triterras today announced a partnership with Western Union Business Solutions. The collaboration will make it easier to transact international payments between traders and lenders through the Kratos platform. As a result of this partnership, Western Union Business Solutions’ will not only provide Kratos with currency risk management expertise but will also offer Kratos users fast and reliable technology for international fund transfers.

Triterras and its blockchain-enabled Kratos platform will further strengthen by collaborating with West Union Business Solutions which leads global payments technology industry. Over 60,000 individuals and businesses rely on innovative online technology of Western Union Business Solutions and its vast financial network for cross-border payments and currency risk management.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

Kratos makes physical commodities traders and borrowers more productive by increasing processing speed and reducing paperwork, errors and frauds. Also, it makes transactions cheaper and easier, reduces process times, improves fraud protection, and provides better analytics and reporting. Essentially, Kratos is an administration solution for lenders, as it reduces costs, mitigates risk and fraud, and provides a market place for borrowers who have had their credentials verified by a real bank.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Amarin Corporation plc (NASDAQ: AMRN) stock plunged in the premarket trading session; here’s why

In the premarket trading session, Amarin Corporation plc (AMRN) stock had plunged by -4.56% to $4.4. AMRN stock closed previous session at $4.61 gaining...

Why Second Sight Medical Products, Inc. (EYES) stock is Popping High today?

Second Sight Medical Products, Inc. (EYES) stock announced two-year results of its Orion Study after which the EYES stock price happened to be green...

Luokung Technology Corp. (LKCO) Stock Undergoes Volatility as Appeal Over CCMC Designation is Underway

Luokung Technology Corp. (LKCO) stock prices were down by 6.40% as of the market closing on May 11th, 2021, bringing the price per share...

Vista Gold Corp. (VGZ) Stock Inches Higher After Promising Q1 2021 Financial Reports

Vista Gold Corp. (VGZ) stock prices were up by an incremental 1.82% as of the market closing on May 11th, 2021, bringing the price...

Array Technologies, Inc. (ARRY) Stock Prices Stay Stable Despite Troubling Q1 2021 Financial Reports

Array Technologies, Inc. (ARRY) stock prices were up by a marginal 0.28% as of the market closing on May 11th, 2021, bringing the price...

Lucira Health Inc. (NASDAQ:LHDX) stock rallied today in the current trading session; here’s why

In the current trading session at last check, Lucira Health Inc. (LHDX) shares had surged by 15.32% to the price of $5.87. LHDX's stock...

PaySign, Inc. (PAYS) Stock Down Following Disclosure of Troubling Q1 2021 Financial Reports

PaySign, Inc. (PAYS) stock prices were down 15.0568% early in the trading day on May 12th, 2021, bringing the price per share down to...

Comstock Mining Inc. (NASDAQ:LODE) stock plunged in the current trading session; here’s why

In the current trading session at the last check, Comstock Mining Inc. (LODE) stock had plunged -3.25% to trade at $3.21. LODE stock previously...

Related News

Why Summit Wireless Technologies, Inc. (WISA) stock is Going high today?

Summit Wireless Technologies, Inc. (WISA) stock, a wireless sound technology company, provided an update for its first quarter ended March 31, 2021, today on...

Contextlogic Inc. (NASDAQ: WISH) stock rises during pre-market session. Let’s figure out why?

Contextlogic Inc. (NASDAQ: WISH) stock plunged by 0.84% at last close whereas the WISH stock price gains by 4.84% during pre-market session. WISH, which...

Biomerica Inc. (NASDAQ: BMRA) stock gains during pre-market. What’s driving it high?

Biomerica Inc. (NASDAQ: BMRA) stock declined by 17.23% at last close but later in pre-market session the BMRA stock soars by 13.78%. Biomerica is...

AgeX Therapeutics Inc. (NYSE:AGE) stock surged in the premarket trading session; here’s why

In the premarket trading session, at last check AGE stock surged by 7.2% to $1.34. AGE stock closed previous session at $1.25 losing -3.85%....

CuriosityStream Inc. (NASDAQ: CURI) stock fell during after-hour. Why is it so?

CuriosityStream Inc. (NASDAQ: CURI) stock declined by 3.37% at last close while the CURI stock continues to fall by 11.99% in the after-hour trading....

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.