Marble Financial Inc helps educate Canadians in the best financial shape of their lives
- MyMarble app provides Canadians with tools and education to improve their financial health
- Fast Track Loan Helps Users Pay Off Consumer Proposals
- Leverages automated software to give personalized recommendations
What Marble Financial does:
Marble Financial Inc (CSE: MRBL) (OTCMKTS: MRBLF) (FRA: 2V0) is a financial technology company dedicated to empowering Canadians to manage their personal finances, improve their credit and cope with their debts.
To help them do this, the company created MyMarble, an app that takes real-time data from users’ existing credit reports and financial data to make recommendations that can help them achieve financial health as well. little than three months.
MyMarble uses automated tools to provide personalized recommendations and offers small interactive financial courses to educate users on how they can progress towards their financial goals.
Thanks to its proprietary technological solutions such as Fast Track Loan, Score Up and Credit Meds, Marble is able to guide its clients to traditional credit faster than traditional methods. Since 2016, the company has helped thousands of Canadians build positive financial futures.
Fast Track Loan helps Canadians evade consumer proposals, legally binding agreements with a licensed insolvency trustee that create a plan to pay off creditors’ debts. Filing one negatively affects your credit score and can make buying a home or other financial transactions more difficult.
Marble works with the trustee to immediately reimburse the entire consumer proposal and reduces the monthly payment owed by the consumer. The monthly Fast Track loan payments are then reported to the credit bureau, which can increase its credit rating.
Marble also owns Inverite Verification Inc, a Canadian provider of open consumer and financial banking data for the financial services industry.
How are you :
In May 2021, Marble launched GIC Savings Loans with Jenson Graf Risk Management Inc on the MyMarble platform. MyMarble will provide Jenson Graf with a “progressive software solution” that will automate the GIC savings loan application and approval process.
MyMarble will also provide an affiliate portal that will collect banking and consumer credit data through its proprietary Inverite risk score to support the underwriting process and improve loan performance.
The subsidiary of Marble Inverite Verification Inc also entered into a data verification agreement in June with PowerSports, a company engaged in the financing of all-terrain vehicles (ATVs), snowmobiles, motorcycles, boats and personal watercraft, vehicles. recreational vehicles and caravans.
By integrating Inverite into its online loan origination solution, PowerSports will be able to obtain the fastest and most secure digital identity verification (KYC) information, providing insight into the transaction history of real-time borrower and bank verification to provide the best customer experience. and financing solution available.
Marble Financial also found new partners in May to the tune of 15 auto loan companies. The new partners will provide consumers with access to MyMarble. They will also be able to take advantage of MyMarble’s credit improvement referral technology to help consumers improve their credit scores for auto financing at optimal rates.
The previous month, Marble announced an online performance marketing partnership with Canada’s largest performance and media marketing platform, 55Rush.
55Rush will enable MyMarble to expand its user reach and generate more leads by helping Parent Life Network members improve their financial health through sponsored content, including giveaways, offers, resources and forums.
- Expanding the user base through partnerships
- Growth of data verification services with Inverite Verification
- Users turn to GIC savings loans with Jenson Graf
What the boss says:
“The merger of customer data gives Marble the opportunity to offer and deliver more efficient processing and approvals of credit solutions in-house or through our network of lender and mortgage broker partners, for example,” a said Karim Nanji, CEO of Marble Financial in April. .
“Ultimately, the consolidation of consumer financial data creates an opportunity for us and our partners to access this information to provide new services and more robust solutions in the areas of personal finance, management of the money, including savings, investment, taxation and insurance, ”he said. added.
Contact Andrew Kessel at [email protected]
Follow him on Twitter @andrew_kessel