Mr. Mike Marrandino reports

MARBLE'S CONNECT API AND INVERITE'S OPEN BANKING VERIFICATION SOFTWARE GOES LIVE WITH RATESHOP

RateShop Inc., a Canadian mortgage brokerage services provider, has launched Marble Financial Inc.'s proprietary Marble Connect application programming interface (API) and Inverite's open-banking software on its platform.

With access to over 65 financial institutions, including banks, credit unions and mortgage lenders, RateShop specializes in matching customers with competitive deals for mortgages that fit their preferences and credit profiles. RateShop is a leading mortgage brokerage services company that has won multiple notable awards, including the Top Mortgage Brokerage 2021 by the Canadian Mortgage Professional (CMP) magazine. In 2021, RateShop experienced a significant increase in the number of its customers, which led to it licensing Marble's advanced B2B (business to business) technology solutions, namely Connect and Inverite, to service its growing user base.

The Connect API and Inverite software will enable RateShop's customers to receive accurate credit assessments, gain access to MyMarble's comprehensive financial programs and tools, and AI-driven (artificial intelligence) credit improvement solutions, in addition to having their banking information verified in near real time. As a result, RateShop's platform should be able to produce higher customer retention due to the strong value proposition for its users, as well as accelerate its decision-making process to expedite the onboarding of new customers.

"We are pleased to announce that another one of our licensing partners, RateShop, has gone live with the Connect API and Inverite open-banking software, which highlights the significant traction we have been experiencing for our B2B solutions," said Doug Tanner, Marble's vice-president of business and corporate development. "It is important to understand that our technology solutions can touch upon almost every single major financial transaction a person can experience in their lifetime -- ranging from applying for a mortgage, getting a credit card, buying a car, getting a loan, opening a bank account or even verifying information for a job application."

Mr. Doug added: "Since launching our Connect API, we have signed licensing agreements for both Connect and Inverite with several prominent firms with impressive depth and breadth of operations that span industries sectors such as financial services/banking, automotive services firms and mortgage brokerages, allowing our products to reach all of their underlying customers to support new user growth of our platform. As RateShop expands its operations, we intend to continue assisting RateShop in delivering greater value to its customers with our proprietary technology offerings. It is exciting to see these new licensing arrangements with clients that encompass both our Connect and Inverite solutions, allowing clients to transact more efficiently. This clearly demonstrates Marble's and Inverite's value propositions for both our clients and their underlying customers."

"We are proud to announce the launch of MyMarble on RateShop's platform," said Idda Ahmed, RateShop's marketing manager. "By integrating MyMarble, RateShop allows customers an opportunity to monitor and improve their credit score. We believe this will help clients budget, track and eliminate debt by introducing good financial habits while finding the best mortgage solutions for their needs."

RateShop represents the latest channel partner to have gone live with the company's Connect and Inverite technology solutions. Marble continues to gain acceptance within the industry in the licensing of its Connect and Inverite products, in which the integration and go live status of these offerings are continuing.

About Marble Financial Inc.

Marble's proprietary MyMarble platform utilizes the power of machine learning, data science and artificial intelligence in leveraging its proven data-driven strategies through technology solutions Connect, Inverite, MyMarble, Fast-Track, Learn and Boost to engage in and navigate a clear path toward financial well-being and a meaningful credit score. Since 2016, Marble is proud to have empowered thousands of marginalized consumers to a positive financial future and it continues to establish itself as a leader in financial wellness through the licensing of its proprietary products on the MyMarble platform and through Inverite.

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