Peak Fintech Group Inc.: Peak Launches Cash Advance Financing Program for JD.COM Suppliers
Montreal, Quebec (Newsfile Corp. - February 3, 2021) - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ( Peak or the Company ), an innovative Fintech service provider to the Chinese commercial lending sector, today announced the launch of a new Cubeler Lending Hub financing program for JD.com ( JD ) product suppliers that will allow them to receive cash advances on product orders they get from JD.
The program was developed in collaboration with certified JD product supplier Xiamen Guangzhui Ltd. ( Xiamen ), which recently officially became a Lending Hub member. Xiamen, which provides JD with various brands of liquor, snack foods and non-alcoholic beverages, explained the cash crunch it and other suppliers of the online giant face because they must pay product manufacturers in advance when placing orders but only receive payment from JD two weeks after the products have been delivered to J
(2)
Montreal, Quebec (Newsfile Corp. - January 28, 2021) -Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ( Peak or the Company ), an innovative Fintech service provider to the Chinese commercial lending sector, today announced that beverage distributor Xiamen Guangzhui Ltd. ( Xiamen ) became the third distributor after Beijing Dianjing Company Ltd. and Beijing Jingying Corporate Management Ltd. to join the Company s program specifically created to bring financing solutions to wholesale distributors and their retail clients through the Cubeler Lending Hub platform.
Xiamen has over 1,100 retail clients, including e-commerce giant JD.com, and owns distribution rights to several popular beverages in China, including exclusive rights for Red Bull energy drinks at PetroChina convenience stores in Guizhou province. Xiamen expects to distribute approximately 24 million cans of Red Bull per year worth about CAD$ 19.6M and will now use Peak s Lending Hub powered program to finance its a
NEXT SUPER STOCKS On The Move: CloudMD, Peak Fintech, FansUnite, and Logiq. Fintech, I-Gaming, and The Future of Healthcare
Wall Street Reporter, the trusted name in financial news since 1843, is highlighting the latest CEO comments and news from companies recently presenting at its highly acclaimed NEXT SUPER STOCK livestream investor conferences, and investor “LiveChats” on social media streams. Over 100,000 investors have participated in Wall Street Reporter’s livestream events in the past 30 days. CloudMD CEO, Dr. Essam Hamza: …
Wall Street Reporter, the trusted name in financial news since 1843, is highlighting the latest CEO comments and news from companies recently presenting at its highly acclaimed NEXT SUPER STOCK livestream investor conferences, and investor “LiveChats” on social media streams. Over 100,000 investors have participated in Wall Street Reporter’s livestream events in the past 30 days.
(2)
Montreal, Quebec (Newsfile Corp. - December 20, 2020) - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ( Peak or the Company ), an innovative Fintech service provider to the Chinese commercial lending sector, today announced the launch of its new website and of a 12-month online marketing campaign through AGORACOM for the purposes of engaging with current and future shareholders.
EXPOSURE THROUGH THE AGORACOM DIGITAL NETWORK
In 2019, AGORACOM surpassed 600 million page views, exceeded industry engagement metrics by over 400% and has served over 350 public companies.
The Peak HUB containing multiple landing pages, videos, photos and other helpful information updated in real-time over the next 12 months is live as of December 18 and can be found at:
Peak Fintech Group Inc.: Peak Provides Corporate Update on Recent Events and Operations
Montreal, Quebec (Newsfile Corp. - December 15, 2020) - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ( Peak or the Company ), an innovative Fintech service provider to the Chinese commercial lending sector, today provided the following update on its operations and recent events that have occurred since the end of the Company s third quarter of 2020.
JIANGYIN FINANCIAL CENTRE
Summary and Update:
The Jiangyin Financial Centre is an initiative of the city s municipal government. The city invited its 200,000+ businesses to join the Financial Centre to qualify for loans and credit from 34 banks and lending institutions based on data analysis and AI-based credit rules powered by the Lending Hub. Since its launch in late September, the Financial Centre has been responsible for almost 100 transactions and has brought more than 3,000 SMEs and several new raw material suppliers to the Lending Hub