Business
Inverite Announces Engagement with Usolve Financial to Power Smarter Risk Assessment through Inverite's AI Platform & Real-Time Bank Data
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
About this update from Inverite Insights Inc
[{"type":"text","content":"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.","length":544,"tagName":"p"},{"type":"text","content":"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.","length":592,"tagName":"p"},{"type":"text","content":""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."","length":377,"tagName":"p"},{"type":"text","content":""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.","length":377,"tagName":"p"},{"type":"text","content":"In addition to the above, Inverite announces that an insider has subscribed for $30,000 in Convertible Debentures ("CD's") pursuant to the private placement (the "Placement") announced on June 23, 2025 (see news release for CD terms...