MRBLF - Marble Secures Licensing Agreement with Debtsadhu for its Proprietary Marble Connect API
(TheNewswire)
Vancouver, BC – TheNewswire - November 3, 2021- Marble Financial Inc. (CSE:MRBL ) ( OTC:MRBLF ) ( FSE:2V0) (CNSX:MRBL.CN) ("Marble" or the "Company"), an AI-drivenfinancial technology company, is pleased to announce that the Companyhas entered a licensing agreement with Debtsadhu Inc.(“Debtsadhu”), a leading broker of personal loans to collectionagency debtors.
Debtsadhu provides feasible options to debtors to help improve theircredit score and pay off any outstanding debt by leveragingpartnerships with various lenders. The agreement is the latest in aseries of contracts with businesses that operate in the lending space.As a result of the agreement, Marble will be able to further establishitself in the alternative lending industry, in particular, thecollections lending sector.
Under the terms of the agreement, Marble will license Marble Connect,the Company’s proprietary API to Debtsadhu, enabling Marble to gainroughly 500 new users per month as well as access to theircustomers’ financial credit and banking data. As a result, Marblewill be able to leverage Debtsadhu’s user data and offer theCompany’s monetary products to their customers.
“Marble has a unique financial platform that canoffer great value to our customers by helping them strengthen theircredit and borrow money despite their current financialcircumstances,” said Shivam Singh, CEO and Founder of Debtsadhu.“Marble’s principles align with our mission of delivering viablefinancial solutions to our customers and we look forward to offeringmore Fintech products on our platform that integrate Marble’sadvanced technology.”
“We are pleased to license our technology toDebtsadhu, a company that aims to help Canadians who are strugglingwith debt payments and low credit scores” said Doug Tanner,Marble’s VP of Business and Corporate Development. “With thisagreement, we can continue to scale up our brand within the alternative lending space and grow our outreach inassisting underserved Canadians who lack access to mainstreamfinancial services, achieve their financial goals.”
Marble Connect is expected to go live on Debtsadhu’s platform inDecember 2021.
Investor Webinar
Marble will be hosting an investor webinar on Thursday November 4, 2021 at1:00 PM Eastern Time to discuss the Company’srecent developments and growth strategy.
Register here: https://us02web.zoom.us/webinar/register/WN_m2e8xCrVSbST0v7EDGI1YA
About Debtsadhu Inc. Debtsadhu actsas a financial guide to debtors. They aim to offer the best and mostaffordable options for debtors, to pay off their collections or pastdue debt and improve their credit. They do so through partnershipswith different lenders and businesses in the space. They qualifydebtors on their end and get them assistance directly from the lenderthey would qualify with. They work with debtors from the start of theprocess until their debt is paid off. Additionally, they would get therequired assistance the debtor approached them for if needed. Theywork as a one-stop-shop for all of their collection agency clienteleand customers.
For further information about Debtsadhu, please visit: www.debtsadhu.com
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 Connect, Inverite, Score-Up, Fast Track, Maestro and Boostto engage in and navigate a clear path towards financial wellbeing anda meaningful credit score, since 2016, Marble is proud to haveempowered thousands of marginalized consumers to a positive financialfuture, and we continue to establish ourselves as leaders in financialwellness through the licensing of our proprietary products on the MyMarble Platform.
For further information about Marble Financial, pleasevisit: mymarble.ca
Mike Marrandino, Executive Chairman
T:(855) 661-2390 ext. 104 Email: ir@marblefinancial.ca
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICESPROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY ORACCURACY OF THIS RELEASE.
Caution Regarding Forward-Looking Information
This release contains forward-looking statements. Forward-lookingstatements, without limitation, may contain the words beliefs,expects, anticipates, estimates, intends, plans, or similarexpressions. Forward-looking statements do not guarantee futureperformance. They involve risks, uncertainties and assumptions andactual results could differ materially from those anticipated. Forwardlooking statements are based on the opinions and estimates ofmanagement at the date the statements are made and are subject to avariety of risks and uncertainties and other factors that could causeactual events or results to differ materially from those projected inthe forward-looking statements. Except for historical facts, thestatements in this news release, as well as oral statements or otherwritten statements made or to be made by Marble, are forward-lookingand involve risks and uncertainties. The forward-looking informationincluded in this release is expressly qualified in its entirety bythis cautionary statement. Accordingly, readers should not place unduereliance on forward-looking information. The Company undertakes noobligation to update these forward-looking statements, other than asrequired by applicable law.
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