AMERITRUST FNCL TECHS INC - PWWBF STOCK NEWS

DRIVRZ Financial, previously known as MUSA Auto Finance, has partnered with Roadster to enhance the online retail experience for used car leasing. This collaboration offers an interactive payment calculator and online application process, allowing customers to customize lease terms and payments. The integration aims to streamline the leasing process and improve customer retention. In its initial week, the lease payment calculator saw significant usage, indicating positive customer engagement. DRIVRZ Financial is focused on expanding its offerings in direct-to-consumer financing and traditional retail finance.

PowerBand Solutions (OTCQB:PWWBF) announced the appointment of Justin Burrage from Cadiz Capital Advisors to support its capital markets initiatives. This move comes as the company reports rising gross sales and expands its DRIVRZ™ platform in the U.S. Burrage, with over a decade of experience, is expected to connect the company with new investors, aiming to bolster outreach and growth. His annual compensation is set at CD$ 120,000. PowerBand's innovative fintech solutions are gaining traction, signaling a promising growth trajectory.

PowerBand Solutions (OTCQB:PWWBF) has partnered with ACERTUS to enhance its DrivrzXchange platform, facilitating vehicle pickup and delivery across the U.S. The collaboration aims to streamline automotive logistics, particularly during periods of increased demand for home delivery services. With ACERTUS providing a network of vetted carriers, the service will commence on July 15, expanding DrivrzXchange's operational footprint. This partnership is a strategic move to meet evolving customer expectations in vehicle buying and selling.

PowerBand Solutions Inc. (OTCQB:PWWBF) has announced a strategic partnership with Roadster, enhancing the online leasing process for used cars across 7,000 U.S. dealerships. This collaboration enables dealerships to integrate DRIVRZ Financial's leasing tools into their digital platforms, allowing consumers to calculate payments and obtain lease approvals seamlessly. The Easterns Automotive Group is the first dealership to implement this service. PowerBand plans to expand its digital offerings, including direct-to-consumer financing options, further disrupting the automotive finance sector.

MUSA Auto Finance announced its rebranding to DRIVRZ Financial, aiming to enhance its automotive finance and technology services. This transition, set to occur over the coming months, will expand its offerings to include direct-to-consumer financing and a mobile marketplace for vehicle leasing and buying. The company, partially owned by PowerBand Solutions (TSXV: PBX, OTCQB: PWWBF), intends to simplify complex processes through automation, which has been a core feature since its inception. This rebranding could strengthen its market position in the automotive finance sector.

PowerBand Solutions (PWWBF) reports strong financial growth for April 2021, with gross sales activity reaching CDN $13.5 million, a 17% increase from March. Cumulative year-to-date gross sales total CDN $39.8 million. Gross revenue also rose by 11% to CDN $1.3 million in April, with a gross margin of 54%. The company has exceeded its total gross revenue for 2020 by CDN $1 million. CEO Kelly Jennings highlighted the ongoing success of their DRIVRZ™ solution and the expansion of their sales force as key drivers of growth.

PowerBand Solutions Inc. has appointed Brent Green as Chief Revenue Officer of DRIVRZ Financial, effective immediately. Green brings over 20 years of automotive industry experience, including significant roles at Cox Automotive and Manheim. His expertise in building sales organizations is expected to drive growth at DRIVRZ, PowerBand's lending and leasing division. Kelly Jennings, CEO of PowerBand, highlights Green's extensive knowledge as crucial for leveraging opportunities in the North American and global markets.

PowerBand's finance arm, DRIVRZ Financial, has secured two additional $1 billion EV lease lines from Unify Financial Credit Union and Valley Strong Credit Union, enhancing its leasing capability for electric vehicles. This brings the total lease lines for DRIVRZ to $2 billion, supporting its goal to lead the EV leasing market. Clients can receive lease approvals in as little as 8 seconds, showcasing the company's innovative online platform. PowerBand aims to utilize these funds to expand its offerings and cater to the growing demand for EV leasing.

PowerBand Solutions Inc. (OTCQB:PWWBF) announces the appointment of Jon Lamb as CEO of Drivrz Financial, succeeding Jeff Morgan, who is stepping down to pursue new opportunities. Morgan emphasized the strength of the executive team and partnerships he leaves behind. The company is rebranding MUSA Auto Finance to Drivrz Financial across the U.S. PowerBand, known for its innovative e-commerce solutions in the automotive sector, continues to expand its cloud-based platform for vehicle transactions.