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Tenet Fintech Group Inc
Symbol PKK
Shares Issued 235,566,559
Close 2025-01-08 C$ 0.06
Market Cap C$ 14,133,994
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Tenet says recent data make Business Hub indexes viable

2025-01-08 17:01 ET - News Release

Mr. Mayco Quiroz reports

TENET'S BUSINESS HUB ONBOARDS SOME 400 SMES IN A SINGLE DAY TO MAKE FIRST MACROECONOMIC INDEXES VIABLE

A recent single-day influx of data from almost 400 small and medium-sized enterprise (SME) on Tenet Fintech Group Inc.'s Business Hub platform has now made the commercialization of the company's first macroeconomic indicator indexes viable.

Tenet initially targeted the launch of its first ie-Pulse macroeconomic indicator indexes by the end of 2024. However, the lack of sufficient SME data shared through the Business Hub at that time made the launch unfeasible. Tenet worked closely with its bookkeeping service partners in late 2024 to speed up SME registrations on the Business Hub in preparation for the ie-Pulse launch. The company updated the platform to allow its bookkeeping service partners, with their clients' consent, to register multiple SMEs on the platform at a time. Previously, the platform was designed to connect only with individual SMEs' accounting software systems. This adjustment introduced technical complexities that required additional time to address, which contributed to the delayed launch of the ie-Pulse offering. With the enhancements now complete, Tenet will be looking to release the initial version of the ie-Pulse indexes following a short two-to-three-week internal testing period.

About Tenet Fintech Group Inc.

Tenet Fintech Group is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B (business-to-business) transactions among its members.

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