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INVERITE INSIGHTS INC - $INVRF STOCK NEWS

Welcome to our dedicated page for INVERITE INSIGHTS news (Ticker: $INVRF), a resource for investors and traders seeking the latest updates and insights on INVERITE INSIGHTS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect INVERITE INSIGHTS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of INVERITE INSIGHTS's position in the market.

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Inverite Insights Inc. adds Philip Goodeve, a highly accomplished international fintech executive, to its Board of Directors as Vice Chairman. Mr. Goodeve brings extensive experience in capital raising, mergers and acquisitions, turnarounds, and strategic leadership. The company also granted two million restricted share units and four million options to an independent director.

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Inverite AI, a leading AI-driven software provider, achieves record transactions in Q1-2024. Revenue-based transactions surged by 29% compared to Q1-2023 and by over 10% compared to Q4-2023. The company extends Data Analytics Advisor engagement and closes the 5th tranche of its private placement, generating $51,000 in proceeds. Insiders purchase 1,020,000 Units, representing about 0.5% of then-issued common shares. The company remains focused on revenue growth and cost efficiencies.
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Inverite Insights Inc. (INVRF) announces a strategic partnership with FINCuro Solutions, aiming to revolutionize verification solutions and enhance financial inclusivity through leveraging digital transformation technologies.
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Inverite Insights Inc. partners with Digital Pipeline to enhance loan processing for small and medium size lenders in Canada. Inverite's ID Verification and Risk Scoring modules will be integrated into Digital Pipeline's system in Q2 2024, ensuring efficient verification processes and faster approval times.
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Inverite Insights Inc. (INVRF) reports a 29% increase in verification fee revenue and a 21% decrease in operating expenses in 2023. The company focuses on monetizing its Consumer Directed Banking Platform, with revenue growth and cost reductions. Key financial highlights include a 15.5% increase in total revenues, a 29% increase in verification fee revenue, and a net loss of $201,912. Inverite's CEO emphasizes the company's path to profitability and its AI-driven solutions revolutionizing lending practices.
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INVERITE INSIGHTS INC

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United States of America