Inverite's AI Platform Becomes Core Data Layer for a Global Fintech's Tier 1 Canadian Wealth Management Clients

Executive Summary

• Inverite Insights Inc. announced that a global wealth‑management fintech enterprise has selected its AI‑driven Real‑Time Data Platform as a core data intelligence and verification layer for the partner’s Canadian operations.
• The partnership embeds Inverite’s automated EFT collection and real‑time KYC confirmation capabilities directly into Tier‑1 Canadian financial institutions, creating a scalable distribution channel and supporting recurring revenue growth.
• Concurrently, Inverite disclosed a non‑brokered private placement of up to $1 million in units (each unit = 1 common share + ½ warrant), with warrants exercisable at $0.35 per share for two years.

Key Details

• Partnership Scope
• Global fintech provider will integrate Inverite’s AI‑enabled data intelligence layer into its Canadian wealth‑management infrastructure.
• Delivered functions: Automated EFT collection; Real‑time KYC confirmation for onboarding, payment initiation, identity verification, and compliance workflows.

• Service will be natively available to Tier‑1 financial institutions without separate integrations, expanding Inverite’s presence in Canada’s open‑banking ecosystem.

• Strategic Impact

• Positions Inverite within the core infrastructure of a major global wealth‑management platform.
• Provides a high‑distribution channel for recurring AI‑driven services across a national Tier‑1 client base.

• Expected to accelerate revenue growth and reinforce Inverite’s role in Canada’s emerging open‑banking market.

• Financing – Private Placement

• Offering: Up to $0.25 per unit, each unit consisting of one common share plus half of a warrant.
• Gross proceeds target: up to $1,000,000.
• Warrant terms: Whole warrant exercisable for one common share at $0.35 per share; exercise period of two years from issuance.
• Units subject to a hold‑period expiring four months and one day after the closing date.

• Finder fees may be paid in accordance with applicable laws and exchange requirements.

• Regulatory Notices

• Securities are not registered under U.S. securities law; offering limited to non‑U.S. persons or pursuant to an exemption.
• Forward‑looking statements included, subject to customary risk factors.

Notable Quotes

“This partnership is a defining milestone for Inverite and validates the core of our business model,” said Karim Nanji, CEO, emphasizing the strategic importance of embedding AI‑driven data intelligence within a regulated financial infrastructure.