Mr. Mike Marrandino reports

INVERITE INSIGHTS CAPTURING INDUSTRY ATTENTION WITH NEW PARTNER INTEGRATIONS

Inverite Insights Inc. has provided an update to the investment community regarding the significant progress of its proprietary consumer directed banking platform (open banking) during the first two months of 2024.

The alternative credit economy catering to the off-bureau and underbanked consumers remains one of the fastest-growing sectors within the North American credit landscape, propelling increasing interest in Inverite's open-banking platform across multiple sectors. With its industry-leading products, the company provides the credit industry with unique data insights, enabling better adjudication of consumers credit requests by providing lenders a comprehensive overview that overcomes the limitations of traditional credit bureaus, which often omit data, due to non-reporting lenders or financial institutions.

Karim Nanji, chief executive officer of Inverite, emphasized: "Our product offerings, tailored to lenders in the credit economy, continue to gain momentum as the industry recognizes the financial advantages of leveraging our data to extend credit to consumers at an unprecedented pace. Traditional credit scores are no longer sufficient as the primary benchmark for lending decisions. Inverite empowers lenders with customized solutions utilizing alternative customer financial data, enabling more informed adjudication and transaction processes."

Inverite is invigorated by its continuing expansion and strong presence within the alternative lending sector and the broader fintech (financial technology) ecosystem. The company has expanded its reach in the fintech and alternative lending space by partnering with an automated loan management software provider, enhancing its capabilities in streamlining lending processes and improving efficiency for both lenders and consumers. Inverite has also formed a strategic partnership with a niche real estate lender, providing unique offerings for homeowners and real estate agents alike, further solidifying its position as a key player in the evolving landscape of financial technology.

Inverite remains committed to driving innovation within the credit industry and looks forward to further advancements in facilitating seamless transactions between businesses and consumers through its open-banking platform.

About Inverite Insights Inc.

Inverite Insights is a Vancouver-based, AI-driven (artificial intelligence) software provider specializing in real-time financial data. With a vast database of over seven billion financial data points from more than four million unique Canadian consumers transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.

We seek Safe Harbor.