Semantix and SPC Grafeno Form Strategic Partnership to Enhance Brazil’s Credit Market
01 February 2024 - 11:56PM
Semantix, Inc. (“Semantix” or “the Company”) (NASDAQ: STIX), a
leading Latin American enterprise AI platform and applications
provider, announced the initiation of a strategic partnership with
SPC Grafeno - a financial asset registrar established through a
joint venture between Grafeno and SPC Brazil. The collaboration was
unveiled during an exclusive event featuring representatives from
both organizations, signaling a joint effort to bring positive
changes to Brazil's credit market.
The partnership aims to position SPC Grafeno as
a data intelligence infrastructure in the financial market,
leveraging the Semantix stack to expedite product creation, refine
data processing, and enhance storage strategies. By introducing
financial assets as influential players in credit decision-making,
SPC Grafeno, as the registrar, will hold crucial information about
asset registration. The ultimate objective is to contribute to a
reduction in fraud, decrease default rates, mitigate risks, and
attract global investors to a more secure credit market,
particularly in the business segment.
Semantix, renowned for its expertise in
artificial intelligence, brings to the partnership an advanced
platform designed to accelerate the development and productization
of data for SPC Grafeno. Leveraging cutting-edge technologies such
as machine learning and deep learning, Semantix offers innovative
solutions, including the use of synthetic data to expedite the
creation of specialized artificial intelligence models and
libraries.
Magno Lima, CEO of SPC Grafeno, underscores the
pivotal role of the Central Bank of Brazil as a facilitator of
innovation, providing a favorable regulatory environment for the
growth of this emerging industry. "The partnership is a natural
evolution of our joint journey, building upon Semantix’s successful
track record in developing innovative technology in the Brazilian
and global market," he concludes.
Leonardo Santos, CEO, and founder of Semantix,
emphasizes the shared purpose between the companies, highlighting
the creation of a collaborative ecosystem to drive the development
of new products and the pursuit of positive impact on the lives of
Brazilians through data. "The partnership aims to leverage
Brazilian innovative and evolutive regulatory scenario by
strengthening the presence of Brazilian technology in the capital
market sector.”
Investor ContactAdriano AlcaldeChief Financial
Officer & IRir@semantix.ai
Press
Contactsemantix@rpmacomunicacao.com.brSource: Semantix,
Inc
About Semantix
Semantix is Latin America’s first fully
integrated data and enterprise AI software
platform. Semantix has more than 300 clients with
operations in approximately 15 countries using Semantix’s software
and services to enhance their businesses. The company was founded
in 2010 by CEO Leonardo Santos. For more information,
visit www.semantix.ai.
About SPC Grafeno
SPC Grafeno is a financial asset registrar
created through a joint venture between Grafeno and SPC Brazil,
authorized by the Central Bank of Brazil (Bacen). The new company
will operate in the capital market to enhance security in the
validation, monitoring, and registration processes of assets, being
the first registrar to operate 100% in the cloud, utilizing Amazon
Web Services (AWS) technology. SPC Grafeno is expected to register
approximately 1 million duplicates and handle around 4 billion
Brazilian reais in transaction value in its first year of
operation
Semantix Forward Looking
Statements:
This press release contains certain
forward-looking statements within the meaning of the federal
securities laws, including, but not limited to, statements
regarding Semantix, Inc.’s intentions with respect to regaining
compliance with the Listing Rules (including the possibility of
implementing a reverse stock split and any beneficial effect
thereof) and the anticipated impact of the Notice on its
operations. These forward-looking statements generally are
identified by the words “believe,” “project,” “expect,”
“anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,”
“will continue,” “will likely result,” and similar expressions.
Forward-looking statements are predictions, projections, and other
statements about future events that are based on management’s
current expectations with respect to future events and are based on
assumptions and subject to risk and uncertainties and subject to
change at any time. Actual events or results may differ materially
from those contained in the projections or forward-looking
statements. Factors that could cause actual future events to differ
materially from the forward-looking statements in this
communication include those discussed in Semantix’s filings with
the U.S. Securities and Exchange Commission (“SEC”), including in
the section titled “Risk Factors” in our Annual Report on Form 20-F
for the year ended December 31, 2022 (the “2022 Form 20-F”) on file
with the SEC, all of which are available at www.sec.gov.
Forward-looking statements speak only as of the date they are made.
You are cautioned not to put undue reliance on forward-looking
statements, and the Company assumes no obligation to, and does not
intend to, update, or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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