Member Info for smkr

https://emiratesnbd.com/en/innovation/fintech-campaigns/difc-fintech-hive/

As the leading banking group in the MENAT region with presence in 13 countries, Emirates NBD services over 14 million customers, businesses, governments, and institutions with a range of financial products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.

The Group is ranked among the top 20 in the Forbes' list of the World's Best Regarded Companies, securing a leading spot among global brands. As a pioneer of innovation in the region's banking sector, Emirates NBD has always had its finger on the pulse of innovation, looking to experiment and partner with players in the FinTech ecosystem.

Remember what they’re building..

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We are solving a well-regarded challenge in global finance. Over the past decade, the emerging world has come to the fore; as friction in cross border trade has decreased, the ability to pay for that trade has increased. And whilst the market is trying to solve this problem, looking at it through a western prism, it falls short.

Legacy banks tried many years ago, failed, and now don't have the appetite to try again. On the other hand, FinTech's also struggle to solve the problem because they lack custody of their own funds, causing them to bump up against the legacy banks who have the ultimate control over how funds are processed. Pair these perceived downsides and reputations risk with little appetite from shareholders, who are inherently dubious of emerging markets, and you find lack of interface to close trading loop.
 
As such, the problem is that emerging market finds themselves in-between two ideals, one of trying to globalise whilst at the same time trying to minimise pressure from western global infrastructures. Our mission at Tintra is to navigate down the middle of those two ideals, by building a regulatory framework familiar to the west, but built on a KYC/AML (Know Your Customer/Anti-Money Laundering) framework that's as culturally sensitive to these markets as it is advanced.

Operating as a fast-growth regulatory and financial Deep Tech company, we are building a clearing bank designed solely for emerging markets clients, the first we know to exist, with regulation at the forefront.

https://www.youtube.com/embed/p7NlLCQx3gQ

https://twitter.com/emiratesnbd_ae/status/1559797255892217856

well it’s definitely approaching a news period. So up to people to decide when they want in or not

if it’s the same * (autocorrect grr)

Mate.

Close the funding round “during the Autumn”

“ As such we have structured our Series B funding round that will launch after the AGM and close during the autumn.”

Previous RNS said close by end of October..

IE during Autumn

“The Company anticipates commencing the process of this funding round during late July with a view to closing by the end of October. ”

It’s not long to fill this round up as we approach September. Last time they dropped fund raising a ad they arrived, let’s see if it’s sane this time.

“ As such immediately after the AGM we will be commencing a funding round based on these new fundamentals”

“ The Company anticipates commencing the process of this funding round during late July with a view to closing by the end of October. ”

They said fund raise opens after AGM (gone) with a view to closing it in October. Towards end of this month .. who knows what will drop in. It’s keeping it real

Morning. Grinding higher again .. as more take their positions for news it seems.. plenty to come- licences, maybe more patents?? funding, obviously .. some of the strategy from booklet published? he mentioned about sharing it in annual report

Such a decent little miner this

Feels like time to build in and wait .. another day closer

For anyone new looking in, or just to refresh your thought process. Here’s out NED Vanessa on Tintra, the problem it solves and where they see it going.

https://www.finance-monthly.com/2022/03/connecting-emerging-markets-former-venezuelan-ambassador-on-the-need-for-frictionless-financial-bridging-of-business/

Was just an example of value vs no revs. Let’s see where we go here

LKE Lake resources. No revenue. No production until 2024 from flagship resource .. $1.8bn m/c

The value is in the offtakes and Jvs.. which will come

come on fre1. you know by time they’re generating revenue and profit these opportunities are gone

fre1 I guess youve not seen the timelines in presentations then.

Everyone still holding I suppose? Very quiet

Agri glad you took the plunge. Thought I was posting to myself for weeks on here haha. There’s plenty others on telegram who are in and have been chatting but this board has been quiet

ladhani it’s because google is a “last trade” feed. which is fine for a quick live price, but when you have a delayed trade that appears after close, like the 28p at 16:37 today, then you will see a false price until first trade next day. Lse is correct, it uses the last price quoted by mm’s at the exchange.