MRBLF - Marble Launches Personal Financial Wellness Platform 'MyMarble' with Webpals
(TheNewswire)
Vancouver, B.C - TheNewswire - Feb 11, 2021 - Marble Financial Inc.(C NSX :MRBL. CN) ( OTC:MRBLF ) ( FSE:2V0) (“Marble” or the “Company”) an AI-driven financialtechnology company that empowers Canadians’ toward a positivefinancial future, is pleased to announce a referral agreement withWebpals Group (“Webpals”) offering visitors from greedyrates.ca and youngandthrifty.ca , Marble’s AI-driven financial wellnessSAAS platform, MyMarble.
Marble, a leading financial technology innovator, is expanding itsreferral program with Webpals, a company that operates websites in thepersonal finance sector - from credit cards and insurance to loans androbo-advisors - to help consumers make informed financial decisionsand delivers high-value users with better-aligned interests. Data fromexclusively operated sites greedyrates.ca and youngandthrifty.ca , which attracts over 800,000 visitorsper month, will act as a powerful consumer acquisition engine forMarble. Access to such an engaged visitor base presents a significantnew growth channel of opportunity for Marble to empower Canadiansusing its holistic personal finance fintech solution that providesprecise expert curated recommendations, insights, and financialliteracy.
According to a 2020 Stats Canada Report, Canadian households owed anaverage of $1.71 (1) for every dollar ofdisposable income in the third quarter. With Canadians’ debt loadsgrowing, along with the financial vulnerability and uncertainty causedby the global pandemic, there is an increasing sentiment and need forinformative financial content websites such as greedyrates.ca and youngandthrifty.ca to empowerCanadians to find the right proactive solutions like MyMarble to helpstrengthen their future financial prosperity.
This engagement will utilize Webpals’ prediction methodologies,AI-powered tech and fully automated Business Intelligence, ContentManagement System, back-office and DevOps tools that carefully trackand analyze user behavior. With such a powerful technology, Webpal’sis able to build audience segments and target high-value users thatwill be the target audience for MyMarble. This engagement will givemillions of Canadian visitors to greedyrates.ca and youngandthrifty.caaccess to the MyMarble’s platform, offering AI-poweredrecommendations, credit monitoring, coaching and budgeting technologyto consistently boost their credit score.
“We are very pleased to be launching with Webpals and showcasing theMyMarble platform across Webpals’ unique library of highly targetedcontent streams,” says Marble Director of Marketing, Rich Elliott.“Webpals are global leaders in providing its visitors highlyvaluable and informative content, which aligns with Marbles’philosophy when it comes to its customers on the MyMarble platform.This engagement further propels the Company in achieving its missionto connect the underbanked to the financial future they deserve.”
“We will help MyMarble leverage superior tech and data analytics toprovide hyper-relevant content underpinned by editorial integrity,”says Niv Yatsiv, Head of Webpals Finance & Tech.
ON BEHALF OF THE BOARD OFDIRECTORS
Karim Nanji, CEO
About Webpals ,part of the XLMedia Group (AIM: XLM) Webpals is a performancepublisher and wholly owned by XLMedia (AIM: XLM). XLMedia is a globalperformance publishing group which operates in 18 languages across 19countries, attracting more than 1 million unique visitors every daywith richly immersive content. The Group transforms editorial contentinto high-engagement activation through powerfuldata-driven consumer insight and owns and operates a portfolio oftrusted branded sites in multiple verticals, with a deep specialism inpersonal finance.
For further information, please visit the company’s website at https://www.webpals.com
About Marble Financial Inc. (CSE:MRBL; OTC: MRBLF; FSE:2V0) Marble leverages itsproven data driven strategies utilizing the power of machine learning,data science, and artificial intelligence, through itsindustry-leading MyMarble Platform, which currently hosts, proprietarytechnology solutions; Fast-Track, Score-Up, and Maestro to engage inand navigate a clear path for North Americans towards financialwellbeing and a meaningful credit score. Since 2016, Marble is proudto have empowered thousands of marginalized Canadians to a positivefinancial future, and we continue to establish ourselves as leaders infinancial wellness through the licensing of our proprietary productson the MyMarble Platform.
For further information, please visit the company's website at https://mymarble.ca
Mike Marrandino, ExecutiveChairman
T:(855) 661-2390 ext. 104 Email: ir@marblefinancial.ca
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(1) Source: https://globalnews.ca/news/7515946/household-debt-disposable-income-canada-q3-2020/#:~:text=Statistics%20Canada%20says%20Canadian%20households,income%20in%20the%20third%20quarter.&text=The%20agency%20says%20that%20household,cent%20in%20the%20second%20quarter
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 withWebPals Group. 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 WebPals.
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 the Company has attempted to take into accountimportant factors that could cause actual costs or results to differmaterially, there may be other factors that cause actual results notto be as anticipated, estimated or intended. There can be no assurancethat such statements will prove to be accurate as actual results andfuture events could differ materially from those anticipated in suchstatements. The forward-looking information included in this releaseis expressly qualified in its entirety by this cautionary statement.Accordingly, readers should not place undue reliance onforward-looking information. The Company undertakes no obligation toupdate these forward-looking statements, other than as required byapplicable law.
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