MineHub Partners with Surecomp to Transform Digital Trade Finance for the Commodities Sector

14 5 月, 2024

新闻通告

Vancouver B.C., May 14, 2024 MineHub Technologies Inc. (TSXV: MHUB, OTCQB: MHUBD) (“MineHub”), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce a partnership with Surecomp, a global leader in digital trade and supply chain finance solutions. This collaboration will see the MineHub platform embedded into Surecomp’s innovative and award-winning RIVO™️ solution, to revolutionize digital trade finance specifically for the commodities sector.

Seamless integration between both platforms will visualize key data allowing commodities firms to unlock new opportunities for trade finance efficiency, transparency, and security. Customers will be able to streamline document management, communicate in real-time with trade counterparts, gain instant transaction visibility, monitor fraud risk and track ESG compliance, all of which will enable faster access to finance, supply chain resilience and sustainability.

Andrea Aranguren, President & CEO of MineHub stated, “We are excited to partner with Surecomp to empower our users to drive greater efficiency and value across the commodities supply chain.  As MineHub and Surecomp embark on this partnership, we look forward to delivering transformative solutions that will shape the future of trade finance in the commodities sector.”

“Global trade is set to grow this year, despite the current geo-political and economic landscape,” says Enno-Burghard Weitzel, Surecomp’s Chief Solutions Officer. “In welcoming MineHub to the RIVO platform and embedding trade finance into the commodities supply chain, we are continuing our mission to enable seamless, sustainable trade for everyone. By removing the technological barriers and fostering collaboration, we are facilitating real-time access to favorable trade finance, allowing many commodity traders to accelerate trade flows and reduce costs, reducing the risk of logistics disruption, paper-based inertia and fraud risk exposure.”

About Surecomp

Surecomp® is the market-leading provider of digital trade finance solutions for corporates and financial institutions. An industry pioneer for over thirty-five years, we enable seamless, sustainable trade by breaking down barriers and fostering collaboration. Our award-winning portfolio of cloud and on-premises solutions streamlines the trade finance lifecycle for frictionless transaction processing, enhanced risk mitigation, compliance, decision support and growth. Underpinned by numerous global offices and an extensive partner network, our prestigious customer footprint spans over eighty countries across the world. For more information visit surecomp.com.

Surecomp Media Contact:      
Abby Bickford – Director of Marketing 
Tel: +44 (0)7931 126616
Email: abby.bickford@surecomp.com

About MineHub Technologies

MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.

For further information regarding MineHub, please email info@minehub.com or visit our website at www.minehub.com. Tel: (604) 628-5623

Cautionary Note Regarding Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains statements that are considered “forward-looking information” within the meaning of applicable Canadian securities legislation (“forward-looking statements”) with respect to MineHub including, but not limited to, statements with respect to MineHub’s future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company’s ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company’s operations, dependence on its key management personnel and market competition. Other risk factors are identified in the Company’s prospectus dated August 18, 2021, available on the Company’s SEDAR profile at www.sedar.com. There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements.  The forward-looking information is made as of the date included herein. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub’s management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change.

了解平台

Inventory management
  • Integrated with trade management enables with automated updates of inventory with stock inflows and outflows
  • Forecast inventory levels to avoid stockouts
  • Optimize working capital through minimizing excess stock levels
  • Remove spreadsheets, reconciliation communications and operational risk of manual updates

Trade Management

Buyers and sellers of commodities collaborate on all aspects of their term contracts and transaction in one place, enabling all parties involved in a transaction to always be on the same page, in real-time

Benefits

  • Real-time visibility of all shipments across oceans and land – location and ETA
  • Secure exchange of key documents
  • Keep all communications related to the transaction with the transaction data set
  • Notifications of key events
  • One version of the truth – no need to reconcile and check
Arnoud Star Busmann is one of the pioneers in the intersection of commodities, finance and blockchain technology. Prior to joining Minehub, he was the Innovation lead for Commodities at ING Bank where he led the cross-industry initiative ‘Easy Trading Connect” that spawned projects like VAKT and komgo. Arnoud is an all-round executive with tech DNA, and has over 20 years experience in strategy execution, enterprise transformation and “blue chip” startups. After obtaining a master’s degree in Computer Science from the Netherlands, he lived and worked across Europe, Asia and Oceania.