13:49:29 EST Tue 24 Feb 2026
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Inverite Insights Inc (2)
Symbol INVR
Shares Issued 51,623,169
Close 2026-02-23 C$ 0.275
Market Cap C$ 14,196,371
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Inverite to provide bank verification tech to Ownly

2026-02-24 10:32 ET - News Release

Mr. Mike Marrandino reports

INVERITE ANNOUNCES AGREEMENT WITH OWNLY TO SUPPORT DIGITAL INCOME VERIFICATION AND AFFORDABILITY ASSESSMENT FOR HOMEBUYERS

Ownly Ltd., a Canadian digital homebuying platform, will utilize Inverite Insights Inc.'s platform to support income verification and affordability assessment as part of its homebuyer qualification process.

Through this agreement, Ownly will leverage Inverite's instant bank verification (IBV) technology to securely connect to prospective homebuyers' bank accounts, enabling real-time analysis of income, cash flow and financial obligations. The integration is intended to streamline affordability assessment, reduce reliance on manual documentation, and support secure onboarding workflows for builders and homebuyers using the Ownly platform.

Inverite's platform enables real-time validation and analysis of financial accounts by connecting directly to financial institutions, allowing organizations to verify account ownership, identify income patterns and generate affordability insights while enhancing fraud prevention and operational efficiency.

"As the homebuying experience continues to move toward digital-first workflows, access to accurate and real-time financial data becomes increasingly important," said Karim Nanji, chief executive officer of Inverite. "We are pleased to support Ownly as they enhance their platform with secure income verification and affordability insights that help builders and homebuyers move through the qualification process more efficiently."

Ownly provides a digital platform that enables home builders and developers to engage with prospective buyers on-line, allowing homebuyers to explore properties, demonstrate buying readiness and complete key steps of the purchase journey digitally. By incorporating Inverite's verification capabilities, Ownly aims to provide builders with greater confidence in buyer qualification while improving the experience for prospective homeowners.

"Inverite's financial data and verification technology enables us to provide faster and more reliable affordability insights for both builders and buyers," said Ray Yip, chief technology officer of Ownly. "This integration supports our goal of simplifying the homebuying process while maintaining a secure and seamless user experience."

The agreement reflects growing demand for automated financial verification and affordability insights across digital onboarding workflows, particularly within housing and real estate platforms seeking to improve efficiency while reducing friction for end-users.

About Inverite Insights Inc.

Inverite Insights is a Canadian risk infrastructure company providing real-time financial data and decisioning signals, specializing in real-time bank verification, income and affordability analytics, and AI-driven (artificial intelligence) risk modelling and fraud prevention solutions used by fintechs, lenders and financial institutions across Canada.

We seek Safe Harbor.

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