Inverite Insights

What Inverite Insights does

Inverite Insights Inc. is a Vancouver-based risk infrastructure platform that delivers decision-ready customer financial data to Canadian lenders and financial institutions. Originally founded in 2015 as Marble Financial Inc. and listed on the Canadian Securities Exchange in March 2019 (CSE:INVR, OTC:INVRF, FSE:2V0), the company combines four core products—Bank Verify (instant bank verification across 280+ Canadian financial institutions with up to 365 days of transaction history), ID Verify (digital identity and liveness matching against government IDs), Default IQ Risk Score (AI-driven cash flow behavioral risk scoring with Core and Flex variants), and Micro Check (an off-bureau alternative credit database covering 5M+ loans reported by 100+ lenders)—into an integrated risk decisioning stack.

The platform is built on AI and machine learning models trained on over 38.9 billion financial activity data points across 7M+ verified Canadian consumers, enabling real-time fraud detection (synthetic identity, loan stacking, NSF/overdraft patterns) and predictive delinquency scoring. The company has reported a ~40% reduction in loan defaults in an A/B test with a top Canadian alternative lender processing 180,000 applications and $30M in annual originations. The underlying architecture is API-first, offering iFrame quick-setup and full REST API access with guided implementation support, SOC 2 Type II compliance, and alignment with DIACC, FDX, and FDATA standards.

Inverite monetizes through usage-based verification fees per API call and a growing SaaS-style Risk Model as a Service (RMaaS) subscription product. Go-to-market is a hybrid of direct enterprise sales, channel partnerships (notably Digital Pipeline and Judi.AI), self-service sandbox evaluation, and industry events such as Open Banking Expo Canada and CLA Automotive Finance Canada. Customer segments span alternative and non-prime lenders, fintech credit teams, automotive finance, credit unions, loan servicers, digital homebuying platforms, and global wealth management technology providers; in 2026 the company also initiated its first international regulated-market deployment via a Kenya infrastructure-licensing partnership with Weritas.

Name

Inverite Insights

Legal name

Inverite Insights Inc.

Website

https://inveriteinsights.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Inverite Insights is a Vancouver-based fintech providing AI-powered bank verification, identity verification, and cash-flow risk scoring to Canadian lenders and financial institutions via an integrated API platform, serving alternative lenders, credit unions, fintechs, and wealth management providers.

Ownership category

akta.pro rank

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Transaction-Based Verification Services: Revenue generated per transaction when clients use Bank Verify, ID Verify, and other verification endpoints. This is the primary revenue driver, with volume growing as client transaction volumes increase. Q1 2026 platform requests reached 897,141, up 30% year-over-year.
2. Risk Score / Risk Model as a Service (RMaaS): Subscription and usage-based access to Default IQ risk scoring products. Clients can use out-of-box models or custom portfolio-specific models. Strategic shift toward SaaS-based recurring revenue delivery.
3. Micro Check API Access: Standalone API access to off-bureau alternative loan database. Revenue generated per query, with clients integrating into origination and servicing workflows.
4. Subscription Access: Platform subscription providing access to verification and risk tools, with monthly or annual billing for ongoing access.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

Inverite Insights provides an API-first risk infrastructure platform for lenders and financial institutions that combines instant bank account verification, digital identity verification, AI-driven cash flow risk scoring, and an off-bureau alternative credit database. The platform transforms raw bank transaction data into categorized, enriched, and risk-scored outputs used for loan origination, underwriting, fraud detection, and ongoing portfolio monitoring. Its products are typically integrated by Canadian alternative lenders, fintechs, credit unions, automotive finance companies, and emerging-market credit platforms.

Product overview

Inverite Insights is a risk infrastructure platform that delivers decision-ready customer data by combining bank verification, identity validation, cash-flow intelligence, and risk signals into one trusted layer. The product portfolio consists of four core interconnected modules: Bank Verify (instant bank verification with 280+ institution coverage), ID Verify (digital identity and liveness detection), Default IQ/Risk Score (AI-powered cash flow risk scoring with dual-model framework), and Micro Check (off-bureau alternative credit database). These products are designed to work individually or as an integrated stack, enabling lenders to onboard customers, underwrite loans, detect fraud, and make risk decisions throughout the customer lifecycle.

Differentiator

Problem solved

Functional benefit

Brands

• Bank Verify: Instant bank verification platform providing real-time banking data, account ownership verification, and income analytics across 280+ Canadian financial institutions.
• Risk Score (Default IQ)
• ID Verify
• Micro Check

Products and services

• Bank Verify
• ID Verify
• Default IQ Risk Score
• Micro Check

Quantifiable outcome

• ~40% reduction in loan defaults (by count) and ~39% by amount in A/B test with top Canadian alternative lender
• +6 more outcomes

Named customers9 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

Twelve partnerships are on record, tiered supporting and core.

• Investor Cubed Inc.supportingGTM or Marketing Partner · 13 May 2026Engaged to provide investor relations and shareholder communications services in Canada for a twelve-month period effective May 14, 2026. Monthly fee of $12,500 plus 550,000 stock options at $0.25 exercise price. Aims to expand Inverite's visibility among Canadian retail advisors, institutional investors, and dealers in small-cap markets.
• WeritascoreStrategic or Co-development Partner · 22 April 2026Expanded partnership deepening the initial infrastructure licensing agreement. Extends Inverite's Digital Credit Infrastructure initiative beyond Kenya toward a more integrated ecosystem-driven model supporting capital participation within the Weritas ecosystem.
• Weritas Technologies Inc.coreStrategic or Co-development Partner · 25 March 2026Infrastructure licensing agreement to deploy Inverite's credit infrastructure platform in Kenya — marking Inverite's first operational deployment in a regulated credit environment. Leverages Kenya's advanced digital financial ecosystem to expand structured credit access for underbanked populations. The collaboration enables financial behavior to be evaluated consistently over time, improving how capital providers assess and allocate exposure across emerging market lending environments.
• 108 Securities Inc.supportingStrategic or Co-development Partner · 25 March 2026Strategic partnership formed as part of a $4 million convertible debenture financing announcement. 108 Securities brings capital markets expertise to support Inverite's growth and market expansion initiatives.
• PRVN Creative Inc.supportingStrategic or Co-development Partner · 25 March 2026Strategic partnership formed as part of a $4 million convertible debenture financing announcement. PRVN Creative contributes corporate communications expertise to support Inverite's growth and market expansion.
• Open Banking Expo Canada 2026supportingGTM or Marketing Partner · 5 March 2026Sponsorship of Open Banking Expo Canada 2026 in Toronto, with CEO Karim Nanji participating in a debate panel on data portability and open banking. Event focused on advancing consumer-driven banking, real-time decisioning, risk infrastructure, and commercialization of data via open banking models.
• Ownly LimitedcoreTechnology or Integration · 24 February 2026Agreement for Ownly to leverage Inverite's Instant Bank Verification technology for digital income verification and affordability assessment for homebuyers. Ownly integrates Inverite's platform to securely connect to homebuyers' bank accounts, enabling real-time analysis of income, cash flow, and financial obligations to streamline the qualification process and reduce reliance on manual documentation.
• Canadian Lenders Association (CLA)supportingGTM or Marketing Partner · 10 February 2026Inverite attended CLA's Automotive Finance Canada 2026 conference in Toronto, engaging with lenders, insurers, and technology providers on sector priorities including fraud prevention, digital transformation, and evolving consumer behavior in auto finance.
• Pay2Day Inc.coreTechnology or Integration · 5 February 2026Renewed agreement making Inverite Pay2Day's primary bank verification provider. Following an extended evaluation of alternative bank-data providers over the past year, Pay2Day returned to Inverite citing operational reliability, data consistency, and support responsiveness as critical to maintaining efficient frontline lending workflows.
• CashCo Financial Inc.coreTechnology or Integration · 3 February 2026Renewed agreement where CashCo continues using Inverite as its primary provider for bank verification and related workflows. CashCo, which has used Inverite since 2018, evaluated alternative solutions but renewed citing the benefit of consolidating key verification capabilities under a single Canadian vendor. As part of the renewal, CashCo added liveness checks to strengthen identity verification during digital onboarding.
• Digital ID & Authentication Council of Canada (DIACC)coreStrategic or Co-development Partner · 29 January 2026Inverite joined DIACC as a Tier-1 Sustaining Member effective February 1, 2026. The company specializes in real-time financial data, risk-modeling, and fraud-prevention, and aims to help streamline digital trust standards in Canada.
• Global Wealth Management Technology Provider (Tier-1 Canadian Operations)coreTechnology or Integration · 28 November 2025Inverite was selected by a global wealth management technology provider (administering over US$2 trillion in assets, supporting 26 million end investors, serving 650+ financial institutions and 12,000+ wealth and asset management firms worldwide) to serve as a core data and verification layer for its Canadian operations, supporting onboarding and compliance functions across Tier-1 financial institutions.

Scale indicators15 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• Flinks: Canadian open banking and instant bank verification platform; directly competes with Inverite's Bank Verify and serves Canadian lenders and fintechs with similar API-driven account connectivity.
• Judi.AI: Canadian cash-flow underwriting and small business lending intelligence platform; directly comparable to Inverite's Default IQ, serving similar Canadian credit union and alt-lender customers.

Broad incumbents

• Plaid: Dominant North American open banking/data aggregation platform; competes broadly with Inverite on bank connectivity, transaction data enrichment, and risk signal generation across lending and fintech verticals.
• MX Technologies: U.S. open banking and financial data platform used by lenders for cash flow analytics; overlaps with Inverite's Bank Verify and Default IQ on transaction categorization and underwriting data.
• Yodlee (Envestnet): Long-standing bank data aggregation and analytics provider; offers transaction categorization and risk data services comparable to Inverite's core data enrichment engine.
• Equifax Canada: Major credit bureau providing traditional credit reporting and decisioning data to Canadian lenders; competes with Inverite's Micro Check and Default IQ on the credit data and decisioning layer.
• TransUnion Canada: Canadian credit bureau and risk information provider; competes with Inverite on credit decisioning data, alternative credit signals, and lender-facing analytics.

Emerging players

• Zest AI: AI-driven credit underwriting platform that builds custom risk models for lenders; comparable to Inverite's Default IQ Core/Flex custom portfolio model offering.
• Provenir: Risk decisioning platform combining data, AI, and decision orchestration for fintech lenders; comparable to Inverite's integrated risk intelligence and verification stack.

Regional players

• Borrowell: Canadian consumer credit and financial products platform; adjacent competitor leveraging alternative data and credit signals for lending decisions in the same Canadian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/inverite_ca
• LinkedInlinkedin.com/company/inveriteinsights
• Facebookfacebook.com/inverite

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inverite Insights