Inverite AI Platform Achieves New Monthly Transaction Revenue Record in August
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00), an AI-driven software provider for financial data analysis, has announced a new monthly transaction revenue record for August 2024. The company achieved this milestone while simultaneously reducing operating costs by 11%. Inverite's unique Canadian customer profile count has now exceeded five million, demonstrating growing industry acceptance of its platform and products.
CEO Karim Nanji emphasized the company's focus on achieving cash-flow breakeven as quickly as possible, highlighting Inverite's ability to contribute to top-line revenue growth despite challenging economic conditions. The company's solutions for alternative lenders in the non-prime and underbanked consumer sector continue to be well-received, prioritizing efficient and effective near real-time data analytics while adhering to regulatory standards.
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00), un fornitore di software basato sull'IA per l'analisi dei dati finanziari, ha annunciato un nuovo record di fatturato mensile da transazioni per agosto 2024. L'azienda ha raggiunto questo traguardo riducendo i costi operativi del 11%. Il numero di profili clienti canadesi unici di Inverite ha ora superato i cinque milioni, dimostrando una crescente accettazione del settore per la sua piattaforma e i suoi prodotti.
Il CEO Karim Nanji ha sottolineato l'importanza per l'azienda di raggiungere il pareggio di cassa il più rapidamente possibile, evidenziando la capacità di Inverite di contribuire alla crescita del fatturato nonostante le difficili condizioni economiche. Le soluzioni dell'azienda per prestatori alternativi nel settore dei consumatori non prime e sottobancari continuano a ricevere buone accoglienze, ponendo l'accento su analisi dei dati efficienti ed efficaci in quasi tempo reale, rispettando gli standard normativi.
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00), un proveedor de software impulsado por IA para el análisis de datos financieros, ha anunciado un nuevo récord de ingresos por transacciones mensuales para agosto de 2024. La empresa logró este hito mientras redujo los costos operativos en un 11%. El número de perfiles de clientes canadienses únicos de Inverite ha superado los cinco millones, demostrando una creciente aceptación de la industria hacia su plataforma y productos.
El CEO Karim Nanji enfatizó el enfoque de la empresa en alcanzar el equilibrio de flujo de caja lo más rápido posible, destacando la capacidad de Inverite de contribuir al crecimiento de ingresos a pesar de las difíciles condiciones económicas. Las soluciones de la compañía para prestamistas alternativos en el sector de consumidores no prime y sub-bancarizados continúan siendo bien recibidas, priorizando un análisis de datos eficiente y efectivo en casi tiempo real, cumpliendo con los estándares regulatorios.
인베리트 인사이트 주식회사 (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00)는 금융 데이터 분석을 위한 AI 기반 소프트웨어 제공업체이며 2024년 8월 새로운 월 거래 수익 기록을 발표했습니다. 이 회사는 운영 비용을 11% 줄이는 동시에 이 이정표를 달성했습니다. 인베리트의 독특한 캐나다 고객 프로필 수는 이제 500만 명을 초과하여 플랫폼과 제품에 대한 산업의 수용이 증가하고 있음을 보여줍니다.
CEO 카림 난지는 가능한 한 빨리 현금흐름 평형을 달성하는 데 집중하고 있다고 강조하며, 어려운 경제 상황에서도 인베리트가 매출 성장에 기여할 수 있는 능력을 강조했습니다. 비우량 및 금융 서비스가 부족한 소비자 부문을 위한 대체 대출자를 위한 회사의 솔루션은 효율적이고 효과적인 거의 실시간 데이터 분석을 우선시하면서 규제 기준을 준수하며 긍정적인 반응을 얻고 있습니다.
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00), un fournisseur de logiciels basé sur l'IA pour l'analyse de données financières, a annoncé un nouveau record de revenus mensuels de transactions pour août 2024. L'entreprise a atteint cette étape tout en réduisant ses coûts d'exploitation de 11%. Le nombre de profils de clients canadiens uniques d'Inverite a maintenant dépasse les cinq millions, démontrant une acceptation croissante de son secteur pour sa plateforme et ses produits.
Le PDG Karim Nanji a souligné l'importance pour l'entreprise d'atteindre l'équilibre de trésorerie le plus rapidement possible, mettant en avant la capacité d'Inverite à contribuer à la croissance des revenus malgré des conditions économiques difficiles. Les solutions de l'entreprise pour les prêteurs alternatifs dans le secteur des consommateurs non prime et sous-bancarisés continuent d'être bien accueillies, en mettant l'accent sur une analyse des données efficace et rapide en quasi temps réel tout en respectant les normes réglementaires.
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00), ein KI-gesteuerter Softwareanbieter für die Analyse finanzieller Daten, hat einen neuen monatlichen Transaktionsumsatzrekord für August 2024 bekannt gegeben. Das Unternehmen erreichte diesen Meilenstein, während es die Betriebskosten um 11% senkte. Die Zahl der einzigartigen kanadischen Kundenprofile von Inverite hat nun fünf Millionen überschritten, was die wachsende Akzeptanz seiner Plattform und Produkte in der Branche zeigt.
CEO Karim Nanji betonte den Fokus des Unternehmens darauf, so schnell wie möglich die Cashflow-Breakeven zu erreichen, und hob die Fähigkeit von Inverite hervor, trotz herausfordernder wirtschaftlicher Bedingungen zum Umsatzwachstum beizutragen. Die Lösungen des Unternehmens für alternative Kreditgeber im Sektor der nicht-prime und unterversorgten Verbraucher werden weiterhin gut angenommen und legen den Schwerpunkt auf effiziente und effektive Datenanalysen in nahezu Echtzeit unter Einhaltung der regulatorischen Standards.
- Achieved new monthly transaction revenue record in August 2024
- Reduced operating costs by 11%
- Exceeded five million unique Canadian customer profiles
- Growing industry acceptance of platform and products
- Continued top-line revenue growth despite challenging economic conditions
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2024) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) ("Inverite" or the "Company"), is a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, is pleased to announce that it achieved new monthly record-breaking transactions revenue for August 2024 while reducing operating costs.
During the month of August, Inverite transaction revenue set a new monthly record in revenue from the previous record setting month in May of this year while reducing costs by
"Given the challenging financial times of high interest rates and inflation, Inverite continues to contribute growth in the Company's top line revenue while reducing operating costs through technology innovation. Inverite's service offerings continue to provide increased value for alternative lenders in the largest sector of the credit economy, the non-prime and underbanked consumer. Our goal as a company is hyper-focused in achieving cash-flow breakeven as quickly as possible." said Karim Nanji, CEO of Inverite
Our solutions for alternative lenders continue to be well received, as our platform prioritizes both the efficiency and effectiveness of the data analytics process in near real-time while maintaining the highest adherence to regulatory standards.
About Inverite Insights Inc.
Inverite Insights Inc. ("Inverite") (CSE: INVR) (OTC: INVRF) (FSE: 2V00) is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over nine billion financial data points from more than four million and a half unique Canadian consumers transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.
For further information about Inverite Insights, please visit: inverite.com
ON BEHALF OF THE BOARD
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104 Email: ir@inverite.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release.
Forward-Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.
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