Inverite Announces Engagement with Usolve Financial to Power Smarter Risk Assessment through Inverite's AI Platform & Real-Time Bank Data
Inverite Insights Inc. (CSE: INVR) has announced a strategic partnership with Usolve Financial, an Ontario-based alternative lender. Usolve will implement Inverite's proprietary Bank Verification product and Data Enrichment feature to enhance its loan adjudication process.
Usolve, which operates 11 brick-and-mortar locations offering payday, personal, and auto equity loans, will leverage Inverite's AI-based Open Banking Ready Platform to improve risk assessment capabilities and customer experience. The platform provides real-time financial data analysis for more informed lending decisions.
Additionally, the company disclosed that an insider has participated in a private placement, subscribing for $30,000 in Convertible Debentures at a conversion price of $0.32/unit in the first year, potentially representing 0.45% of common shares if fully converted and warrants exercised.
[ "Partnership with Usolve Financial expands Inverite's market presence in Ontario", "Integration of AI-based technology enhances risk assessment capabilities", "Insider participation in convertible debenture placement shows management confidence" ]Inverite Insights Inc. (CSE: INVR) ha annunciato una partnership strategica con Usolve Financial, un prestatore alternativo con sede in Ontario. Usolve implementerà il prodotto proprietario di Verifica Bancaria e la funzione di Arricchimento Dati di Inverite per migliorare il processo di valutazione dei prestiti.
Usolve, che gestisce 11 sedi fisiche offrendo prestiti di anticipo stipendio, personali e su equity auto, sfrutterà la piattaforma AI-based Open Banking Ready di Inverite per potenziare le capacità di valutazione del rischio e l’esperienza cliente. La piattaforma fornisce un’analisi in tempo reale dei dati finanziari per decisioni di prestito più informate.
Inoltre, la società ha comunicato che un insider ha partecipato a un collocamento privato sottoscrivendo debentures convertibili per 30.000$ a un prezzo di conversione di 0,32$ per unità nel primo anno, rappresentando potenzialmente lo 0,45% delle azioni ordinarie in caso di conversione completa e esercizio dei warrant.
Inverite Insights Inc. (CSE: INVR) ha anunciado una alianza estratégica con Usolve Financial, un prestamista alternativo con sede en Ontario. Usolve implementará el producto propietario de Verificación Bancaria y la función de Enriquecimiento de Datos de Inverite para mejorar su proceso de adjudicación de préstamos.
Usolve, que opera 11 sucursales físicas ofreciendo préstamos de día de pago, personales y con garantía de auto, aprovechará la plataforma Open Banking Ready basada en IA de Inverite para mejorar sus capacidades de evaluación de riesgos y la experiencia del cliente. La plataforma proporciona análisis de datos financieros en tiempo real para decisiones de préstamo más informadas.
Además, la compañía reveló que un insider participó en una colocación privada suscribiendo debentures convertibles por 30,000$ a un precio de conversión de 0.32$ por unidad en el primer año, lo que podría representar el 0.45% de las acciones comunes si se convierten completamente y se ejercen los warrants.
Inverite Insights Inc. (CSE: INVR)는 온타리오 기반의 대체 대출업체인 Usolve Financial과 전략적 파트너십을 발표했습니다. Usolve는 Inverite의 독자적인 은행 검증 제품과 데이터 강화 기능을 도입하여 대출 심사 프로세스를 향상시킬 예정입니다.
급여일 대출, 개인 대출, 자동차 담보 대출을 제공하는 11개의 오프라인 지점을 운영하는 Usolve는 Inverite의 AI 기반 오픈 뱅킹 준비 플랫폼을 활용하여 위험 평가 능력과 고객 경험을 개선할 것입니다. 이 플랫폼은 보다 정보에 기반한 대출 결정을 위해 실시간 금융 데이터 분석을 제공합니다.
또한, 회사는 내부자가 사모 발행에 참여하여 30,000달러 상당의 전환사채를 1년 차 전환 가격인 주당 0.32달러에 인수했으며, 완전 전환 및 워런트 행사 시 보통주 0.45%에 해당할 수 있다고 밝혔습니다.
Inverite Insights Inc. (CSE : INVR) a annoncé un partenariat stratégique avec Usolve Financial, un prêteur alternatif basé en Ontario. Usolve va intégrer le produit propriétaire de vérification bancaire et la fonctionnalité d’enrichissement de données d’Inverite pour améliorer son processus d’adjudication des prêts.
Usolve, qui exploite 11 agences physiques proposant des prêts sur salaire, personnels et sur la valeur nette automobile, utilisera la plateforme Open Banking Ready basée sur l’IA d’Inverite pour renforcer ses capacités d’évaluation des risques et l’expérience client. La plateforme fournit une analyse des données financières en temps réel pour des décisions de prêt mieux informées.
Par ailleurs, la société a révélé qu’un initié a participé à un placement privé en souscrivant 30 000 $ en débentures convertibles à un prix de conversion de 0,32 $ par unité la première année, ce qui pourrait représenter 0,45 % des actions ordinaires en cas de conversion complète et d’exercice des bons de souscription.
Inverite Insights Inc. (CSE: INVR) hat eine strategische Partnerschaft mit Usolve Financial, einem alternativen Kreditgeber aus Ontario, bekannt gegeben. Usolve wird das proprietäre Bankverifizierungsprodukt und die Datenanreicherungsfunktion von Inverite implementieren, um den Kreditprüfungsprozess zu verbessern.
Usolve, das 11 stationäre Filialen betreibt und Payday-, Privat- und Autokredite anbietet, wird die KI-basierte Open Banking Ready Plattform von Inverite nutzen, um die Risikobewertung und das Kundenerlebnis zu verbessern. Die Plattform liefert Echtzeit-Analysen finanzieller Daten für fundiertere Kreditentscheidungen.
Zusätzlich gab das Unternehmen bekannt, dass ein Insider an einer Privatplatzierung teilgenommen hat und wandlungsfähige Schuldverschreibungen im Wert von 30.000$ zu einem Wandlungspreis von 0,32$ pro Einheit im ersten Jahr gezeichnet hat, was potenziell 0,45 % der Stammaktien bei vollständiger Wandlung und Ausübung der Warrants entspricht.
- None.
- Small size of insider participation ($30,000) indicates limited internal investment
- Potential dilution from convertible debentures if converted
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite"), is a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, is pleased to announce its engagement with Usolve Financial ("Usolve"), an Ontario based alternative lender offering online lending along with 11 brick and-mortar locations specializing in payday, personal and auto equity loans.
Through this engagement, Usolve will be leveraging Inverite's proprietary Bank Verification product, along with the integrated Data Enrichment feature, to support and enhance its adjudication process with the consumer. In addition to lending, Usolve offers a suite of financial services, including cheque cashing and money transfers to family, friends and 3rd parties. Inverite's AI based Open Banking Ready Platform provides a scalable, cost-effective, solution that enables clients to grow and expand their financial services offerings with minimal latency or connectivity concerns.
"At Usolve, our goal is to make borrowing easier, faster, and more transparent for everyday Canadians," said Nelson Belchior, Principal at Usolve. "By integrating Inverite's technology, we are strengthening our ability to assess risk in real time. This also allows us to deliver a more seamless experience to our customers, whether online or in person."
"We're excited to partner with Usolve Financial as they continue to expand access to responsible credit solutions in Ontario. Our Bank Verification and Data Enrichment tools are designed to bring greater clarity, speed, and confidence to the adjudication process by helping lenders make more informed decisions with less friction," said Karim Nanji, Inverite CEO.
In addition to the above, Inverite announces that an insider has subscribed for
About Usolve Financial:
Usolve Financial is an Ontario-based financial services provider dedicated to helping individuals access fast, flexible funding when they need it most. With a focus on transparency, value, and exceptional service, Usolve offers a range of products including payday loans, personal loans, car equity loans, cheque cashing, and Western Union money transfers. Usolve is committed to serving the financial needs of Ontario residents with honesty, speed, and care by providing the money clients need to keep moving forward.
For further information about Usolve Financial, please visit: usolvefinancial.ca.
About Inverite Insights Inc.
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite") is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over 28 billion financial data points from more than seven million unique Canadian consumers requests, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.
For further information about Inverite, please visit: inveriteinsights.com.
ON BEHALF OF THE BOARD
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104 Email: ir@inverite.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release.
Forward-Looking Statements: This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.
The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
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FAQ
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