MRBLF - Marble Launches Personal Financial Wellness Platform 'MyMarble' with Loans Canada
(TheNewswire)
Vancouver, B.C – TheNewswire - MAR 31, 2021 – Marble Financial Inc. (CSE:MRBL ) ( OTC:MRBLF ) ( FSE:2V0) (CNSX:MRBL.CN) (“Marble” or the “Company”), anAI-driven financial technology company that educates and helpsCanadians better understand and manage their current cashflow andcredit towards a better financial future , is pleased to announce a referralagreement with Loans Canada offering it’s consumers, Marble’sAI-driven financial wellness SAAS platform, MyMarble.
Marble, a leading financial technology innovator, isexpanding its referral program with Loans Canada, the nation's firstloan comparison platform that empowers Canadians to make betterborrowing decisions with financial literacy and transparency. SinceJuly 2012, Loans Canada's aggregation platform has helped over onemillion Canadians to make better financial decisions. Access to suchan engaged visitor base presents a sizeable new growth channel ofopportunity for Marble to empower Canadians using its holisticpersonal finance fintech solution that provides precise expert curatedrecommendations, insights, and financial literacy.
According to a 2020 Loans Canada report , nearly half ofrespondents who have turned to their banks for financial support arebeing turned away (1). With Canadians' debt loads growing, along withthe financial vulnerability and uncertainty caused by the COVID-19pandemic, there is an increasing need for companies like Loans Canadato help find the best products and providers to reach their financialgoals. Solutions like MyMarble will helpstrengthen Loans Canada customers with their future financial outlookwhen seeking financial products.
This engagement will utilize Loans Canada's proprietaryloan search platform to connect any Canadian, regardless of theirfinancial past or credit history. With such an extensive database ofconsumers combed with robust technology, Loans Canada can buildaudience segments and target high-value users that will be highconvertible for MyMarble. The utilizationof the AI-powered recommendations, credit improvement, coaching andbudgeting technology of MyMarble , the platform willhelp consumers achieve the level of financial fitness level theyrequire to qualify for many of the offered financial products orservices on Loans Canada.
"We are very pleased to be launching MyMarble with Loans Canada, a national leader in the loan comparisonspace," says Marble Director of Marketing, Rich Elliott."Further expanding our relationship with Loans Canada Is going tonot only considerably increase our customer base but also stay true toour mission of helping the underserved population of Canadianconsumers somewhere to turn to."
"We are very excited to continue to develop ourrelationship with Marble Financial” said Loans Canada CEO, ScottSatov. “We continue to offer Canadians tools and resources toimprove their financial literacy and we think Marble's platform is anexcellent tool for our users to achieve their financial goalsfaster."
The Company would also like to provide an update to theInverite Verification Inc. acquisition (see News Release 01/18/2021).The execution of the Definitive Agreement and closing of thetransaction is now scheduled for the week of April 5 th , 2021.
ON BEHALF OF THE BOARD OFDIRECTORS
Karim Nanji, CEO
About Loans Canada Launched in2012 as Canada’s first loan comparison platform, Loans Canada is afinancial technology company that matches Canadian borrowers tolenders and alternative solution providers. When a borrower submits anapplication on LoansCanada.ca, the request is processed through LoansCanada’s proprietary lender matching technology and the borrower ismatched with multiple, alternative solutions for their request. Hometo one of Canada’s largest lender networks, Loans Canada is the bestonline destination for loans, debt relief, credit improvement andrelated services.
For further information, please visit the company’swebsite at https://www.loanscanada.ca
About Marble Financial Inc. (CSE:MRBL; OTC: MRBLF; FSE:2V0) Marbles’proprietary MyMarble platform utilizes the power ofmachine learning, data science, and artificial intelligence, inleveraging its proven data driven strategies through technologysolutions Fast-Track, Score-Up, and Maestro to engage in and navigatea clear path towards financial wellbeing and a meaningful creditscore, since 2016, Marble is proud to have empowered thousands ofmarginalized consumers to a positive financial future, and we continueto establish ourselves as leaders in financial wellness through thelicensing of our proprietary products on the MyMarble Platform.
For further information, please visit the company'swebsite at https://mymarble.ca
Mike Marrandino, ExecutiveChairman
T:(855) 661-2390 ext. 104 Email: ir@marblefinancial.ca
(1)Source:https://loanscanada.ca/stats/covid-19-study-vulnerable-canadians-falling-through-the-cracks/
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITSREGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITYFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Caution Regarding Forward-LookingInformation
This release contains "forward-lookinginformation" as such term is used in applicable Canadiansecurities laws, including statements regarding its arrangements withLoans Canada. The use of any of the words "target","plans", "anticipate", "continue","estimate", "expect", "may","will", "project", "should","believe" and similar expressions are intended to identifyforward-looking statements. Such forward-looking information is basedon management's expectations and assumptions, including statementsrelating to the Company's referral agreement with LoansCanada.
In making the forward-looking statements included inthis news release, the Company has applied several materialassumptions, including but not limited to, that the Company'sfinancial condition and development plans do not change as a result ofunforeseen events, and that the Company will receive all requiredregulatory approvals, including Canadian Securities Exchange approval,for the referral agreement if required. Forward-looking information issubject to a variety of risks and uncertainties and other factors thatcould cause plans, estimates and actual results to vary materiallyfrom those projected in such forward-looking information. Factors thatcould cause the forward-looking information in this news release tochange or to be inaccurate include, but are not limited to:unanticipated delays in obtaining or failure to obtain regulatory orCanadian Securities Exchange approvals; general economic, market orbusiness conditions; changes in the Company's financial condition anddevelopment plans; and other risks and uncertainties as set forth inthe Company's most recent continuous disclosure filings filed underthe Company's profile at www.sedar.com . Although theCompany has attempted to take into account important factors thatcould cause actual costs or results to differ materially, there may beother factors that cause actual results not to be as anticipated,estimated or intended. There can be no assurance that such statementswill prove to be accurate as actual results and future events coulddiffer materially from those anticipated in such statements. Theforward-looking information included in this release is expresslyqualified in its entirety by this cautionary statement. Accordingly,readers should not place undue reliance on forward-lookinginformation. The Company undertakes no obligation to update theseforward-looking statements, other than as required by applicablelaw.
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