15:43:37 EST Thu 05 Feb 2026
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Inverite Insights Inc (2)
Symbol INVR
Shares Issued 51,623,169
Close 2026-02-04 C$ 0.30
Market Cap C$ 15,486,951
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Inverite to provide bank verification tech to Pay2Day

2026-02-05 10:18 ET - News Release

Mr. Mike Marrandino reports

PAY2DAY RENEWS PARTNERSHIP WITH INVERITE TO SUPPORT FASTER, MORE RELIABLE BANK VERIFICATION WORKFLOWS

Pay2Day Inc. has signed a renewed agreement with Inverite Insights Inc. to serve as its primary bank verification provider, with the transition beginning in January and becoming effective Feb. 1, following the completion of a third party provider evaluation period

Pay2Day, a growing Canadian lender operating both on-line and through 35 physical branches in Ontario, British Columbia, Alberta and Nova Scotia, conducted an extended assessment of alternative bank-data providers over the past year. Following that review, the company elected to return to Inverite after determining that operational reliability, data consistency and support responsiveness were critical to maintaining efficient front-line lending workflows.

"Technology in this space isn't just about access to bank data -- it's about how usable, timely and dependable that data is in production," said Karim Nanji, chief executive officer of Inverite Insights. "Our focus has always been on making sure lenders have clear, consistent signals and real human support behind them so their teams can operate with confidence."

During its evaluation period, Pay2Day evaluated the operational capabilities needed to support scalable customer onboarding and loan adjudication, including reliable data signals, responsive support, and efficient implementation. Following that review, Pay2Day renewed its agreement with Inverite, reflecting confidence in Inverite's ability to deliver the consistency and support required for high-volume lending workflows.

"Accurate bank data is only part of the equation -- how fast problems get solved matters just as much," said Steve Martins, vice-president of retail operations, Pay2day. "Inverite's team has always been accessible and accountable, which gives our branches and customers confidence."

Inverite continues to invest in improvements across its bank verification, transaction categorization and risk intelligence platforms, including user-experience enhancements, continuous model retraining and customer-driven quality assurance processes designed to reduce friction and support lenders operating at scale.

As Pay2Day transitions back to Inverite in early 2026, the partnership reflects a broader trend across the lending market: In an increasingly data-driven ecosystem, operational trust and support responsiveness are becoming as important as the data themselves.

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.

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