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Marble Financial is helping train Canadians into the best financial shape of their lives

Last updated: 09:40 30 Mar 2023 EDT, First published: 13:30 30 Nov 2021 EST

Snapshot

  • Marble Financial announces bond debt restructuring to strengthen balance sheet
  • Marble Financial subsidiary Inverite Verification is now live with FinExpert
Marble Financial Inc credit score app on phone

About the company

Marble Financial Inc is a financial technology company that empowers Canadians toward a positive financial future announced today the launch of ‘MyMarble’, an innovative, data-driven personalized finance platform that harnesses the power of AI technology to help Canadians manage debt, build credit and budget to achieve their financial goals.

How it is doing

30 Mar 2023

Marble Financial Inc. (CSE:MRBL, OTC:MRBLF) told investors it has proposed a debt restructuring involving its wholly owned subsidiary, TPF The Phoenix Fund Inc and the holders of TPF's bonds. 

As a result of the restructuring, Vancouver-based Marble said an aggregate of up to $5,766,722 in principal amount of TPF Bonds and all accrued, unpaid and waived interest thereon, is proposed to be settled through a combination of debt forgiveness and the issuance of Marble common shares.

"On completion of the restructuring, the elimination of these short-term liabilities and the ongoing interest obligation associated with the bonds will greatly strengthen our balance sheet and financial position,” Marble CEO Karim Nanji said in a statement.

“This will give us a renewed flexibility to focus on the continued development and growth of our proprietary MyMarble Boost Program, Inverite verification business, AI-driven AccumulateAI and MyMarble platforms, and other opportunities that may arise as we gradually wind down the Fast-Track loan program,” he added.

28 Mar 2023

Marble Financial Inc, an artificial intelligence powered financial technology company, has announced a business partnership with Turnover Technologies channeling their flagship product TurnoverCRM.

Vancouver-based Marble noted that TurnoverCRM is an “industry leading” technology platform for the underbanked car industry in Canada. It’s designed for auto dealerships wanting to streamline their sales process and sell more cars. TurnoverCRM automates the entire lead qualification process and tracks the direct return on investment (ROI) associated with a dealership’s marketing spend from the time the lead has been sourced to the time a consumer drives away with a car after buying it.

07 Mar 2023

Marble Financial Inc. (CSE:MRBL, OTC:MRBLF) has announced that to date this year, its wholly-owned subsidiary Inverite Verification Inc has signed 11 new license agreements utilizing the company’s proprietary open banking artificial intelligence software platform.

The AI-driven financial technology company said Risk Score, an industry-leading, real-time response platform that includes categorization and access to over 286 financial institutions, continues garnering more and more recognition and acceptability in both the alternative lending and credit nurturing sectors of the Canadian economy.

What management says

16 Feb 2022

Marble Financial CEO Karim Nanji joined Steve Darling from Proactive to share news its business-to-business subsidiary Inverite Verification Inc. has gone live with its banking verification software with FinExpert.

Nanji telling Proactive FinExpert offers a unique loan management platform to businesses within the lending space. Inverite's open banking platform assesses and verifies a user's banking information in near real-time, leading to a faster decision-making process in generating lending profiles. Nanji also shared with Proactive that Marble has also entered into a strategic relationship through a licensing agreement with 8Twelve Financial Technologies for its Connect API and Inverite open-banking software.

Marble Financial subsidiary Inverite Verification is now live with FinExpert

Marble Financial CEO Karim Nanji joined Steve Darling from Proactive to share news its business-to-business subsidiary Inverite Verification Inc. has gone live with its banking verification software with FinExpert. Nanji telling Proactive FinExpert offers a unique loan management platform to...

on 02/16/2022