Toronto, Ontario--(Newsfile Corp. - December 2, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that is has added free bookkeeping automation software for bookkeepers and small and medium sized enterprises (SMEs) as part of its offering on the Cubeler® Business Hub platform.
In addition to benefiting from the networking, advertising, insights and financing services provided on the Business Hub, SME owners who register their businesses and bookkeeping service providers who cause their SME clients to register and share their data with the platform are now eligible to receive a license of Dext Software Ltd.'s bookkeeping automation platform. The Company believes that the new offer, prominently featured on the Cubeler.com website (https://www.cubeler.com/en-ca/cubeler-and-free-dext-access-offer), will allow it to work with both its existing and future bookkeeping service provider partners to speed up the registration of SMEs on the Business Hub over the last month of 2024.
"We've been working very hard, particularly since the addition of the Business Hub's new modules, both internally and with our external partners, on everything required to commercialize our first ie-Pulse macroeconomic index data plans prior to the end of 2024," commented Tenet CEO Johnson Joseph. "While the development of the ie-Pulse platform is expected to be ready for that to happen, we need to ensure that we have enough SME data in at least one industrial sector, such as retail for example, if the ie-Pulse Canadian Retail series of indexes are going to be effective in helping clients gauge the state of the Canadian retail industry. Based on the discussions we've had with our bookkeeping service provider partners, we believe the offer announced today will go a long way in helping us achieve that objective."
About Tenet Fintech Group Inc.:
Tenet Fintech Group Inc. 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 transactions among its members. Please visit our website at: https://www.tenetfintech.com/.
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Forward-Looking information
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-Looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-Looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-Looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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