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Inverite Enhances Xcash’s Credit Decisioning with AI Platform Integration

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Inverite Enhances Xcash’s Credit Decisioning with AI Platform Integration

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Inverite Insights ( (TSE:INVR) ) just unveiled an announcement.

Inverite Insights Inc. has announced the integration of Xcash Financial Services into its Open Banking Ready AI Platform, enhancing Xcash’s ability to make faster and more accurate credit decisions for its 50,000 Canadian customers. This partnership is expected to improve Xcash’s lending services by providing real-time financial insights, thereby strengthening its market position in Canada. Additionally, Inverite plans to issue up to 4.67 million units and/or common shares to settle debts and offer a non-brokered private placement to raise up to $800,000, subject to CSE approval.

More about Inverite Insights

Inverite Insights Inc. is a Vancouver-based, AI-driven software provider that specializes in real-time financial data. The company empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management, and compliance. Inverite has a vast database of over 28 billion financial data points from more than seven million unique Canadian consumer requests.

Average Trading Volume: 22,181

Technical Sentiment Signal: Sell

Current Market Cap: C$8.93M

See more insights into INVR stock on TipRanks’ Stock Analysis page.

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