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Peak Fintech Group Inc.: Peak to Implement Digital Contract Signing Capabilities on Its Platforms through Partnership with Qiyuesuo Contract Lock


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Montreal, Quebec (Newsfile Corp. - March 9, 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 is has signed an agreement with Qiyuesuo, China s leading digital document signing service provider, that will allow members of its Lending Hub ecosystem to digitally sign legally binding agreements with one another.
Ever since its re-launch late in the third quarter of 2020, Peak s Gold River platform has seen an increasing amount of activity. The platform has become particularly popular with supply-chain businesses, from restaurants and retailers to factories and raw material suppliers, serving as a gateway to the Lending Hub where orders they place through Gold River can qualify for financing from the Hub s financial institution partners. In some cases, the purchase orders are tied to contracts, which until now had to be executed offline o ....

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Peak Fintech Group Inc.: Peak Implements Chinese Digital Currency and Welcomes China's 2nd Largest Steel Supplier to its Ecosystem


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Montreal, Quebec (Newsfile Corp. - December 11, 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 that its Gold River and Cubeler Lending Hub platforms are now ready to support China s new Digital Currency Electronic Payment (DC/EP).
Unlike cryptocurrencies such as Bitcoin, China s DC/EP is legal tender, it s backed by yuan deposits, centralized and not anonymous. It is managed by China s Central Bank, which requires the country s banks to convert a part of their yuan holdings into DC/EP form and distribute them to businesses and citizens via mobile technology. The DC/EP took over five years to develop and is expected to help bring China s unbanked population into the mainstream economy and accelerate the country s move to a cashless society. ....

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