Marble Financial Inc (CSE:MRBL) (OTCMKTS:MRBLF) has said it is boosting its referral partnership network with an additional 15 auto-lending companies.
The new partners will offer its consumers access to Marble’s artificial intelligence-powered financial wellness Software-as-a-Service (SaaS) platform, MyMarble.
Vancouver-based Marble told shareholders that the new partners represent an “excellent growth opportunity” with hundreds of thousands of vehicle financing applications processed annually.
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They will also be able to leverage MyMarble’s credit improvement recommendation technology to help consumers to improve their credit score in order to obtain vehicle financing at optimal rates.
As for Marble, the company said that the partnerships will also provide opportunity for MyMarble to increase its overall user base and monthly traffic, allowing the company to reach and assist even more Canadians by offering AI-powered recommendations, credit monitoring, coaching and budgeting technology to consistently boost their credit score.
“We’re excited to launch MyMarble with all 15 auto-lenders to help reach thousands of vehicle-seeking Canadians that assistance in achieving their goals,” Marble’s vice president of business and corporate development Doug Tanner said in a statement.
“MyMarble’s personalized automated technology will provide thousands of underserved and credit-constrained Canadians who are struggling to obtain vehicle financing the chance to improve their credit and financial literacy to achieve their dream vehicle.”
Marble shares were up 7.5% in early Wednesday trading at around C$0.22.
Contact Angela at angela@proactiveinvestors.com
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