Triterras was founded in 2018 by Srinivas Koneru. Though the company was incorporated then, the idea inception and development for Kratos, our flagship platform, started in 2017.
We began work on Kratos to address the large trade finance gap for SMEs and to help streamline and digitize the trading processes. Kratos is our custom-built, blockchain-enabled, end-to-end global trade and trade finance platform. It meets the needs of both traders (buyers & suppliers) and financing sources like alternative lenders.
It took two years to develop Kratos and we launched it in June 2019 with the Trade Discovery module and added additional modules like Trade Finance in February 2020.
Kratos was immediately established and saw high usage from the first year itself. This success showcased that we were able to combine our experience in technology development with our intimate knowledge of the trade and trade finance space to create a leading online digital marketplace.
Triterras is headquartered in Singapore, which is a large trading hub that gives us access to many necessary supporting counterparts – buyers, suppliers, lenders, and insurers. We also have offices in the UK and the USA.
Triterras has been consistently profitable from inception and in slightly over a year since launching Kratos, we have facilitated more than 3,500 transactions and over $6.6 Billion in transaction volume (as of June 2020).