Vancouver, BC – The press wire – June 16, 2021 – Marble Financial Inc. (CNSX: MRBL.CN) (OTC: MRBLF) (FSE: 2V0) (“Marble” or the “Company”), an AI-driven financial technology company that educates and helps Canadians better understand and manage their current cash flow and credit for better financial future, is pleased to announce its first application Programming Interface (“API”) License Agreement with Nuborrow (full legal name) to provide their customers with access to the Marble platform of convenient programs of good -be financial and advice via My marble new commercial API integration solution.
The introduction of the MyMarble API will provide Canadian businesses with a new turnkey marketing, education and product solution for a wider audience of consumers looking to run more future business through the healthcare platform Marble Financial. This “white label” integration creates a new value-added offer for businesses with customers in better financial health and brand loyalty.
Marble’s first API integration with NuBorrow is expected to go live next month. This new offering provides the Company with a new source of large-scale revenue.
Nuborrow, has already helped more than 15,000 Canadians looking to ease the mortgage loan process, access My marble Next-generation AI-powered programs, tips and tools to revitalize their financial well-being. It will also serve as a complementary technology that works in conjunction with Nuborrow’s new home equity loan to improve the financial health of its customers, saving thousands of dollars each year in interest charges and improving the overall home experience. brand and customer loyalty. The MyMarble API solution will be accessible to new and existing NuBorrow members through its online application system.
“As more Canadians adopt a goal-oriented approach to finance, we expect to see an increasing demand for our next generation technology that prescribes a practical path for Canadians to effectively reach and support them. Said Marble CEO Jim Chan. “We have seen a growing trend among motivated Canadian consumers facing challenges in trying to access their personal data to better understand their finances and have the confidence that they are making the right financial decisions. Our new API will aim not only to empower Canadians, but also to provide companies like Nuborrow with a holistic and improved customer experience.
“We are extremely pleased to launch our API solution with Nuborrow, one of the leaders in the mortgage market in Canada. Said Doug Tanner, vice president of corporate development at Marble. “Like Marble, they have a fantastic brand reputation and share our belief that Canadians have access to the best solution to improve their overall financial health.
“We have worked with over 15,000 clients in 7 short years and found that 98% of them are concerned about their overall credit health. said Adam Ross, president of Nuborrow. “This is why our relationship with Marble is so exciting for us; we can now offer real-time credit tools, education and help our clients improve their credit scores. We decided that the time had come to develop a partnership with a new range of services to meet the real needs of our customers.
Under the terms of the agreement, Marble will receive compensation from Nuborrow for new customers who engage with the co-branded API solution.
A credit trend study conducted in June 2021 by Equifax showed an increase in positive sentiment in a goal-driven economy with delinquency rates dropping an average of 21% year-on-year, which presented a power to increased purchase and demand for different consumer credit products to achieve broader financial goals. like homeownership, which has seen an increase of more than 40% year-on-year. As more and more aspects of our daily financial well-being go digital, goal-oriented financial plans will continue to show positive growth. Marble’s SaaS platform intends to be a big part of this current trend.
The Company is also pleased to announce the appointment of Doug Tanner as Vice President of Business and Corporate Development. Its main objective will be to strengthen the Company’s business and corporate development strategy.
Doug is a strategy and implementation driven serial entrepreneur. Early in his career, Doug created sales training programs that were implemented in multiple channels and facilities across Canada. Mr. Tanner has gone through his career winning several sales awards and has enjoyed continued success in direct-to-consumer sales. Doug has since moved into the B2B space specializing in sales and implementation. With his vast knowledge in technical sales, he has been able to conquer great successes in Commercial Real Estate, Recruitment and HR, SaaS and more recently Fintech. Doug takes a consultative approach to most challenges and works to define the goal with each partnership and reverse engineer the solution.
About Nuborrow: Born in 2013, Nuborrow embarked on a crusade to ease the process of getting a mortgage by drastically changing what was considered a rapid aging process. As the company’s position evolved, Nuborrow developed a much stronger mission: We won’t stop until every owner has received the education and guidance necessary to maximize their net worth. her home in order to improve her financial health and save money. As a leader in the mortgage market, we connect homeowners to a dynamic network of lending partners – precisely delivering competitive mortgage options, personalized mortgage plans and proven strategies designed to free up equity for clients across Canada.
For more information on Nuborrow, please visit: https://nuborrow.com/
About Marble Financial Inc. (CSE: MRBL; OTC: 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 Inverite, Score-Up, Fast Track and Maestro to start and navigate a clear path to financial well-being and a healthy 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 well-being through the licensing of our exclusive products on the MyMarble Platform.
For more information on Marble Financial, please visit: https://mymarbre.ca
Mike Marrandino, Executive chairman
T: (855) 661-2390 ext. 104 Email: [email protected]
Source: Equifax Credit Trends Q1 2021 June 15, 2021
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Caution regarding forward-looking information
This press release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believe, expect, anticipate, estimate, intend, plan 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 As to 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.