Vancouver, British Columbia – (Newsfile Corp. – November 3, 2021) – Marble Financial Inc. (CSE: MRBL) (OTC Pink: MRBLF) (FSE: 2V0) (“Marble” or the “Company”), an IA a financial technology company, is pleased to announce that the Company has entered into a licensing agreement with Debtsadhu Inc. (“Debtsadhu”), a leading broker of personal loans to collection agency debtors.
Debtsadhu provides feasible options for debtors to help them improve their credit rating and repay any outstanding debt by leveraging partnerships with various lenders. The deal is the latest in a series of contracts with companies that operate in the lending space. Thanks to this agreement, Marble will be able to gain a foothold in the alternative lending sector, in particular the collection lending sector.
Under the terms of the agreement, Marble will license Marble Connect, the Company’s proprietary API, to Debtsadhu, allowing Marble to gain approximately 500 new users per month as well as access to their financial and banking data. clients. As a result, Marble will be able to leverage Debtsadhu user data and offer the Company’s monetary products to their customers.
“Marble has a unique financial platform that can deliver great value to our clients by helping them build credit and borrow money despite their current financial situation,” said Shivam Singh, CEO and Founder of Debtsadhu. “Marble’s principles align with our mission of providing viable financial solutions to our customers and we look forward to offering more Fintech products on our platform that incorporate Marble’s cutting-edge technology.”
“We are delighted to license our technology to Debtsadhu, a company that aims to help Canadians struggling with debt repayments and low credit scores,” said Doug Tanner, vice president of business development and corporate of Marble. “With this agreement, we can continue to grow our brand in the alternative lending space and expand our reach in helping underserved Canadians who do not have access to traditional financial services, achieve their financial goals.”
Marble Connect is expected to go live on the Debtsadhu platform in December 2021.
Marble will host an investor webinar on Thursday, November 4, 2021 at 1:00 p.m. EST to discuss recent developments and the Company’s growth strategy.
Register here: https://us02web.zoom.us/webinar/register/WN_m2e8xCrVSbST0v7EDGI1YA
About Debtsadhu Inc. Debtsadhu acts as a financial guide for debtors. They aim to provide the best and most affordable options for debtors, pay off their collections or past due debts, and improve their credit. They do this through partnerships with various lenders and space companies. They qualify debtors on their own and get them help directly from the lender they would qualify with. They work with debtors from the start of the process until their debt is paid off. In addition, they would get the required assistance for which the debtor approached them if needed. They function as a one-stop-shop for all of their collection agency clients and clients.
For more information on Debtsadhu, please visit: www.debtsadhu.com
About Marble Financial Inc. (CSE: MRBL) (OTC Pink: MRBLF) (FSE: 2V0) The property of marbles MyMarble The platform harnesses the power of machine learning, data science and artificial intelligence, leveraging its proven data-driven strategies through technology solutions Connect, Inverite, Score-Up, Fast Track , Maestro and Boost to embark on and navigate a clear path to wellness finance and a meaningful credit score, since 2016, Marble is proud to have enabled thousands of marginalized consumers to have positive financial futures , and we continue to establish ourselves as leaders in financial wellness through the licensing of our exclusive products on the MyMarble Platform.
For more information on Marble Financial, please visit: mymarble.ca
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104 Email: [email protected]
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.
Caution regarding forward-looking information
This press release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words beliefs, expectations, anticipations, estimates, intentions, plans or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to various risks and uncertainties and other factors that could cause actual events or results to differ. substantially from those projected in the forward-looking statements. statements. Except for historical facts, the statements contained in this press release, as well as any oral or other written statements made or to be made by Marble, are forward-looking and involve risks and uncertainties. The forward-looking information included in this press release is expressly qualified in its entirety by this cautionary statement. Therefore, readers should not place undue reliance on forward-looking information. The Company assumes no obligation to update these forward-looking statements, except as required by applicable law.
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