Market Overview

Tinubu Square Reinforces International Management Team & Announces New Senior Appointment

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Tinubu Square, the industry leader in trade credit, surety and
receivables financing solutions has begun the restructuring of its
management team following the recent €53 million investment by Long Arc
Capital and Bpifrance. This is marked by the appointment of Bijan Olfati
as Group Executive Vice President, Business Development and Olivier
Placca, a co-founder of Tinubu Square, as the new Deputy Chief Executive
Officer of the company.

Tinubu Square's strategy for 2018 is to expand its international
footprint by enabling and supporting the digital transformation of
specialty lines insurance and receivables financing amongst its existing
and potential customers.

Bijan Olfati, who was formerly Area Vice President, North America, at
Oracle Financial Services Global Business Unit, will have responsibility
for growing global market share. He has 20 years of experience working
with some of the world's leading software companies, and his expertise
in financial services, data and enterprise risk management will be vital
in helping Tinubu Square build a strong commercial and branding strategy.

Bijan Olfati's background covers professional services, enterprise
solutions architecture and sales and marketing programs. He has worked
for and with clients such as Wells Fargo, Bank of America, Morgan
Stanley, Deutsche Bank and others.

"Throughout his career, Bijan has established successful business
strategies for Fortune 500 companies with offerings to global and local
financial institutions in the North American, European and Asian
markets. His experience will allow us to stamp our mark on the
international markets," said Jérôme Pezé, CEO of Tinubu Square.

As the new Deputy CEO, Olivier Placca, a co-founder of Tinubu Square and
previously Deputy General Manager, is taking over the day-to-day
management of the company.

"Olivier Placca has been at my side since we created Tinubu Square in
2000. His new appointment is a logical evolution and confirms his
leadership and involvement in the growth of Tinubu Square during the
coming years." continued Jerome Pezé.

This appointment and restructure changes are part of Tinubu Square's
global approach which will see Jérôme Pezé, President, based in Canada,
Bijan Olfati based in the United States and Olivier Placca remaining at
the company's head office in Issy-les-Moulineaux near Paris.

About Tinubu Square

Enabler of the Trade Credit Digital Transformation

Founded in 2000, Tinubu Square is a software vendor, enabler of the
Trade Credit digital transformation. Tinubu Square enables organizations
across the world to significantly reduce their exposure to risk and
their financial, operational and technical costs with best-in-class
technology solutions and services. Tinubu Square provides SaaS solutions
and services to different businesses including credit insurers,
receivables financing organizations and multinational corporations.
Tinubu Square has built an ecosystem of customers in over 20 countries
worldwide and has a global presence with offices in Paris, London, New
York, Montreal and Singapore. For more information: www.tinubu.com

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