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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

Marble Financial CEO reflects on "transformational" year that saw the company position itself to expand its alternative financial offering in 2022

In 2021, the firm completed the acquisition of Inverite Verifications Inc and set new records in transaction volume and membership in its MyMarble platform

Marble Financial Inc CEO Karim Nanji told shareholders that the firm plans to achieve “multiple catalysts” in the coming year by offering an alternative solution to mainstream financial services.

The Vancouver-based company offers financial technology solutions underpinned by artificial intelligence.

In a letter to shareholders, Nanji called 2021 a “transformational year” that saw the firm complete the acquisition of Inverite Verifications Inc and set new records in transaction volume and membership in its MyMarble platform.

READ: Marble Financial announces closing of C$2M private placement, net proceeds to be used for funding sales and marketing programs

“In laying the groundwork to increase user growth and conversions in 2022, we plan to achieve multiple catalysts through the execution of impactful strategic initiatives next year. Our key focus will be to accelerate the expansion of our B2B segment, mainly through Marble Connect and Inverite to secure more business partners,” Nanji wrote in the shareholder letter.

“We will also work towards completing and releasing new products for both our consumers and corporate clients, in order to provide a broader selection of solutions to drive revenue growth through multiple product offerings. Lastly, we are initiating our entry into the US market through our existing business partnerships that are transacting on both sides of the border.”

The full shareholder letter can be read here.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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