PKK

Peak Fintech Provides Update on Status of Effectiveness of its Form 40-F

Tuesday, September 21, 2021 - 1:00pm

MONTREAL, Sept. 21, 2021 /PRNewswire/ - Peak Fintech Group Inc. (CSE: PKK) (NASDAQ: TNT) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that it has been advised by the Nasdaq Capital Market ("NASDAQ") that the US Securities and Exchange Commission (the "SEC") is still in the process of reviewing the Company's registration statement, known as Form 40-F. As the review process is taking longer than originally expected, trading of Peak's common shares on the NASDAQ has been temporarily halted until the SEC completes its review and issues the notice of effectiveness of the Company's Form 40-F.

Key Points: 
  • MONTREAL, Sept. 21, 2021 /PRNewswire/ - Peak Fintech Group Inc. (CSE: PKK) (NASDAQ: TNT) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that it has been advised by the Nasdaq Capital Market ("NASDAQ") that the US Securities and Exchange Commission (the "SEC") is still in the process of reviewing the Company's registration statement, known as Form 40-F. As the review process is taking longer than originally expected, trading of Peak's common shares on the NASDAQ has been temporarily halted until the SEC completes its review and issues the notice of effectiveness of the Company's Form 40-F.
    About Peak Fintech Group Inc.:
    Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry.
  • Peak's subsidiaries bring together lending financial institutions and businesses to create the Cubeler Business Hub, an ecosystem where analytics and artificial intelligence are used to facilitate transactions among members of the ecosystem.
  • For more information: http://www.peakfintechgroup.com

Peak Fintech Business Hub Client Expands Exclusive Distribution Rights to Red Bull Energy Drinks

Friday, September 17, 2021 - 1:00pm

MONTREAL, Sept. 17, 2021 /PRNewswire/ -Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that snack foods and soft drinks distributor and Business Hub member, Xiamen Guangzhui Ltd. ("XGL"), was awarded exclusive distribution rights to Red Bull energy drinks at Petro China and Sinopec convenience stores in 3 more provinces in China.

Key Points: 
  • MONTREAL, Sept. 17, 2021 /PRNewswire/ -Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that snack foods and soft drinks distributor and Business Hub member, Xiamen Guangzhui Ltd. ("XGL"), was awarded exclusive distribution rights to Red Bull energy drinks at Petro China and Sinopec convenience stores in 3 more provinces in China.
  • The news comes a little more than 30 days after Red Bull granted similar rights to XGL in 5 Chinese provinces .
  • With exclusive distribution rights now in 8 provinces, XGL is already one third of the way to achieving its objective of having exclusive distribution rights to the popular energy drink in every province in China.
  • By virtue of the agreement between Peak and XGL, which states that XGL clients can only purchase Red Bull from XGL through the Gold River platform and the Business Hub, each province for which XGL receives exclusive rights from Red Bull essentially guaranties the arrival of a certain number of convenience stores from that province to the Business Hub.

Canadian Securities Exchange Reports August 2021 Performance, Including Strong Financing Figures

Wednesday, September 15, 2021 - 8:48pm

Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - The Canadian Securities Exchange ("CSE" or "the Exchange") today announced its market statistics for the month of August 2021, which was highlighted by large financings in the cannabis and mining sectors.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - The Canadian Securities Exchange ("CSE" or "the Exchange") today announced its market statistics for the month of August 2021, which was highlighted by large financings in the cannabis and mining sectors.
  • "The Canadian Securities Exchange had another solid month of trading and financing activity in August, despite being in the seasonally slow summer period," said Richard Carleton, CSE Chief Executive Officer.
  • "In fact, our issuers raised more aggregate capital in August than in all but two other months in 2021.
  • The inaugural issue of Canadian Securities Exchange Magazine has been published.

Peak Fintech Acquires Heartbeat Insurance Platform and Brings Analytics and AI Expertise to Insurance Industry

Tuesday, September 14, 2021 - 2:14pm

Huayan provides its solutions primarily through its proprietary "Heartbeat" ( https://www.happysalers.com ) insurance product management and brokerage platform, where users pay a subscription fee to access the services plus a commission-related service fee when applicable.

Key Points: 
  • Huayan provides its solutions primarily through its proprietary "Heartbeat" ( https://www.happysalers.com ) insurance product management and brokerage platform, where users pay a subscription fee to access the services plus a commission-related service fee when applicable.
  • By gaining entry to the insurance industry through the acquisition of the Heartbeat platform and integrating it to the Business Hub, Peak believes it's in better position than ever to continue to influence various aspects of B2B transactions in China.
  • Heartbeat is currently linked to China's top insurance companies, including Ping An Insurance (Group) Ltd. , China Life Property & Casualty Insurance Company Ltd. , The People's Insurance Company (Group) of China Ltd. , and Bank of China Insurance Company Ltd .
  • About Peak Fintech Group Inc.:
    Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry.

Peak Fintech Acquires Heartbeat Insurance Platform and Brings Analytics and AI Expertise to Insurance Industry

Tuesday, September 14, 2021 - 8:43pm

Huayan provides its solutions primarily through its proprietary "Heartbeat" ( https://www.happysalers.com ) insurance product management and brokerage platform, where users pay a subscription fee to access the services plus a commission-related service fee when applicable.

Key Points: 
  • Huayan provides its solutions primarily through its proprietary "Heartbeat" ( https://www.happysalers.com ) insurance product management and brokerage platform, where users pay a subscription fee to access the services plus a commission-related service fee when applicable.
  • By gaining entry to the insurance industry through the acquisition of the Heartbeat platform and integrating it to the Business Hub, Peak believes it's in better position than ever to continue to influence various aspects of B2B transactions in China.
  • Heartbeat is currently linked to China's top insurance companies, including Ping An Insurance (Group) Ltd. , China Life Property & Casualty Insurance Company Ltd. , The People's Insurance Company (Group) of China Ltd. , and Bank of China Insurance Company Ltd .
  • About Peak Fintech Group Inc.:
    Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry.

Peak Fintech Acquires Heartbeat Insurance Platform and Brings Analytics and AI Expertise to Insurance Industry

Tuesday, September 14, 2021 - 2:10pm

Huayan provides its solutions primarily through its proprietary "Heartbeat" ( https://www.happysalers.com ) insurance product management and brokerage platform, where users pay a subscription fee to access the services plus a commission-related service fee when applicable.

Key Points: 
  • Huayan provides its solutions primarily through its proprietary "Heartbeat" ( https://www.happysalers.com ) insurance product management and brokerage platform, where users pay a subscription fee to access the services plus a commission-related service fee when applicable.
  • By gaining entry to the insurance industry through the acquisition of the Heartbeat platform and integrating it to the Business Hub, Peak believes it's in better position than ever to continue to influence various aspects of B2B transactions in China.
  • Heartbeat is currently linked to China's top insurance companies, including Ping An Insurance (Group) Ltd. , China Life Property & Casualty Insurance Company Ltd. , The People's Insurance Company (Group) of China Ltd. , and Bank of China Insurance Company Ltd .
  • About Peak Fintech Group Inc.:
    Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry.

Peak Fintech Receives Approval for Common Shares to Begin Trading on NASDAQ

Tuesday, September 7, 2021 - 8:34pm

MONTREAL, Sept. 7, 2021 /PRNewswire/ -Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that the Nasdaq Stock Market LLC has approved the listing of the Company's common shares on the Nasdaq Capital Market ("NASDAQ").

Key Points: 
  • MONTREAL, Sept. 7, 2021 /PRNewswire/ -Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that the Nasdaq Stock Market LLC has approved the listing of the Company's common shares on the Nasdaq Capital Market ("NASDAQ").
  • Peak's common shares will begin trading on the NASDAQ on Thursday September 9, 2021 under the symbol "TNT".
  • The Company's common shares will continue to trade on the OTCQX under the symbol "PKKFF" until market close on Wednesday September 8, 2021.
  • About Peak Fintech Group Inc.:
    Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry.

Peak Fintech Provides Update on Recent Warrant Exercise Activity

Wednesday, August 18, 2021 - 1:00pm

MONTREAL, Aug. 18, 2021 /PRNewswire/ - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, is providing the following update related to the recent activity in the exercise of the Company's outstanding share purchase warrants.

Key Points: 
  • MONTREAL, Aug. 18, 2021 /PRNewswire/ - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, is providing the following update related to the recent activity in the exercise of the Company's outstanding share purchase warrants.
  • The Company has been receiving an increasing number of warrant exercise requests since the beginning of August 2021.
  • Peak therefore expects the recent elevated level of exercise requests of its share purchase warrants to continue in the days and weeks to come.
  • About Peak Fintech Group Inc.:
    Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry.

Peak Fintech Signs Agreement to Acquire Analytics and AI Company Cubeler Inc., Paving the Way for Its North American Expansion

Monday, August 16, 2021 - 1:00pm

Cubeler ( https://www.cubeler.com/ ) is an analytics and AI company located in Montreal.

Key Points: 
  • Cubeler ( https://www.cubeler.com/ ) is an analytics and AI company located in Montreal.
  • The company developed and owns the world-wide commercial rights to the technology at the core of Peak's Business Hub.
  • Cubeler leverages the data collected throughout its ecosystem to develop and commercialize a series of analytics and AI-based applications.
  • About Peak Fintech Group Inc.:
    Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry.

Peak Fintech Business Hub Client Earns Exclusive Distribution Rights to Red Bull Energy Drinks

Wednesday, August 11, 2021 - 1:00pm

MONTREAL, Aug. 11, 2021 /PRNewswire/ - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that Business Hub member, Xiamen Guangzhui Ltd. ("XGL"), a snack foods and soft drinks distributor, recently received the exclusive rights to distribute Red Bull energy drinks to Petro China and Sinopec convenience stores in 5 provinces in China.

Key Points: 
  • MONTREAL, Aug. 11, 2021 /PRNewswire/ - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that Business Hub member, Xiamen Guangzhui Ltd. ("XGL"), a snack foods and soft drinks distributor, recently received the exclusive rights to distribute Red Bull energy drinks to Petro China and Sinopec convenience stores in 5 provinces in China.
  • After joining the Business Hub in January 2021 , XGL saw a significant increase in operations, which XGL credits for obtaining the exclusive rights from Red Bull.
  • Peak and XGL also signed an agreement to make Red Bull available to XGL clients exclusively through the Company's Gold River platform .
  • This means that all Petro China and Sinopec convenience stores operating where XGL owns the exclusive distribution rights will eventually require accounts on the Business Hub in order to continue to sell the popular energy drink.