About

Inverite Insights

The word “veritas” originates from Latin, signifying “truth” or “verity.” In Roman mythology, Veritas is personified as the goddess of truth, often depicted holding a mirror to symbolize reflection and transparency. This concept has transcended linguistic boundaries and continues to emphasize the fundamental principle of truthfulness. Drawing from this rich history, Inverite diligently embodies the essence of veritas in the contemporary business landscape. By meticulously unveiling the authentic financial portrait of individuals, Inverite serves as a sentinel of veracity in the dynamic realm of identity and financial verification. It echoes the ancient pursuit of truth, ensuring transparency and accuracy in navigating the intricacies of modern verification processes.

Why Inverite?

In an era where financial landscapes are rapidly evolving and the need for dynamic, reliable lending solutions is more critical than ever, Inverite Insights was born out of a vision to revolutionize the way lending decisions are made.

Traditional credit assessment methods often fall short, failing to consider the full spectrum of a borrower’s financial situation. This gap in the lending industry sparked the inception of Inverite, driven by the ambition to revolutionize lending decisions through advanced technology. Our foundational goal was to integrate the power of machine learning with comprehensive data analysis, moving beyond conventional financial histories to include a wider range of predictive indicators of creditworthiness.

This innovative approach is at the core of why Inverite was created. We aim to provide lenders with a more complete understanding of a borrower’s financial health, uncovering deeper insights and patterns that traditional methods overlook. This not only aids lenders in making more informed decisions but also broadens the opportunities for a diverse range of borrowers to gain access to necessary financial resources. Inverite stands as a beacon of financial inclusivity and innovation, continually enhancing our algorithms and data analysis techniques to meet the evolving needs of both lenders and borrowers. 

2015

Founded

30B

Data points

7M

CANADIAN CONSUMERS

286

Financial Institutions

Our Team

Management

Karim Nanji

Director, CEO

Bio

Mr. Nanji is an accomplished senior growth, strategy, product and technology leader with a proven track record for building and commercializing world-class financial technology.

He has a significant background in retails financial services for underbanked, underserved and credit-challenged consumers in Canada, the United States and international markets. Mr. Nanji is a concept through execution leader with over 25 years of experience across start-up, growth, enterprise and Fortune 500 organizations.

Karim has a Bachelor of Arts in Economics from The University of British Columbia and a Master of Business Administration in the Management of Technology from Simon Fraser University.

Jim Chan

COO/CTO

Bio

Mr. Chan is a well-versed technology executive with a great reputation for building world-class technology teams and infrastructures. He has over 20 years of experience leading technology teams in developing some of the most advance financial technology solutions at one of Canada’s fastest-growing companies.

Jim has a Bachelor of Applied Science from the University of British Columbia and is a registered Professional Engineer in BC.

Estelle L’Heureux

CFO

Bio

Ms. L’Heureux has specialized in the alternative lending space for seven years with diverse experience in fund management, sales & operations management, marketing and product development.  Estelle has previously managed mortgage investments of ~$425M, including administration and defaults, cash requirements and a team of brokers. She has also spearheaded and managed a business focused on monetizing private mortgages, consumer loans and insolvency prospects.

Ms. L’Heureux completed her Bachelor of Business Administration in Accounting at Douglas College and the Mastering Fintech course at Ivey School of Business. She is a CFA charter holder and has been volunteering with the CFA Society of Vancouver since 2013.

Board of Directors

Mike Marrandino

Executive Chairman, Director

Bio

Mr. Marrandino is an experienced C-Level business consultant with a demonstrated history of over 30 years working in the management consulting industry.

His expertise includes business planning, corporate development, mergers & acquisitions, start-ups and transitioning private companies into becoming public companies on the TSXV and CSE. He currently serves as an Independent Director of Playgon games Inc., a publicly-traded company listed on the TSX Venture Exchange.

Mr. Marrandino obtained his Mechanical & Industrial Engineer Technologist education from the British Columbia Institute of Technology.

Farhan Abbas

Independent
Director

Bio

Mr. Abbas has significant entrepreneurial and financial services experience. His early career included roles at RBC Capital Markets, Manulife and State Street. Today, he serves on the Board of Directors of FutureVault Inc., a B2B2C white label digital Personal and Business, Life Management solution utilized by financial services organizations to acquire, retain and reward customers. He has consulted and provided capital markets advice to a number of publicly listed companies. His primary occupation is as CEO of PLK Holdings Inc., a private company which owns and operates fast food franchises across, Alberta, BC and Ontario. Mr. Abbas, also serves as an Advisory Board Member of the Merry Go Round Children’s Foundation which operates the Kids, Cops & Computers program providing new laptops and mentoring to students in six provinces who lack consistent access to technology in their home environment.

Mr. Abbas has a Bachelor of Commerce in Finance and Accounting from McGill University, Montreal, completed his CPA in the United States and is a CFA Charterholder.

Philip Goodeve

Vice
Chairman

Bio

Mr. Goodeve is the prior Chairman of Integral Securities, a leading mid-market investment bank, which is very active in raising capital to emerging growth companies across North America. He has raised over $30 Billion in capital, done 100+ acquisitions, 15+ turnarounds and 10+ IPOs. He has had senior board and operating roles in various public and private companies for leading Venture capital and Private Equity funds, been an advisory board member for three funds and is an active venture capital investor personally. He has been a board member of over 26 companies, both public and private, on three continents. Mr. Goodeve is and active advisor and angel investor in international FinTechs. He was Chairman of a leading US publicly listed FinTech, which he successfully sold to the London Stock Exchange.

Mr. Goodeve is the former Co-President of what was the second largest private equity and venture capital group in Canada. Executive Vice-President (“EVP”) and global management committee member of Bank of America, and CFO of one of the largest banks in the world serving the underbanked, and CFO of the Subprime business of what is now JP Morgan. Mr. Goodeve was also an investment banker with CIBC where he co-headed the financial services coverage group, and an international strategy consultant with Bain & Company. Mr. Goodeve earned a Bachelor of Commerce (honors) from Queen’s University (Canada) and an MBA from the Harvard Business School.

Advisory Board

Justin Hartzman

Bio

Justin Hartzman is a Canadian fintech entrepreneur and capital markets expert recognized for building and exiting multiple ventures at the intersection of crypto, AI, and finance. He co-founded CoinSmart, one of Canada’s leading regulated crypto trading platforms, and led it through rapid growth, a successful public listing, and ultimately its sale to WonderFi Technologies Inc. Today, Hartzman sits on WonderFi’s board of directors, where he played a key role in the company’s continued evolution—including its recently announced sale to Robinhood.

With over a decade of experience scaling fintech companies, executing go-public strategies, and securing institutional capital, Hartzman has built a reputation for navigating high-stakes transactions with precision. Beyond crypto, he is actively shaping the future of AI-driven financial infrastructure, bringing innovation to enterprises and public markets alike.

Rahul Petkar

Bio

Mr Petkar is the President of Ontario-based Ishkan Inc. and a strategic advisor with over 35 years’ global experience in financial services and technology. He has worked across North and Latin America, Asia, and the Middle East, and served as a director of a US NYSE-listed company.

He founded Polaris Canada, delivering banking tech to major banks and expanding into Latin America. Previously, at TD Waterhouse, he helped lead international growth, and has also held roles at Citibank and Merrill Lynch.

Rahul was appointed to the Mississauga Economic Development Advisory Board in 2013 and later served as Chair. He holds a Mechanical Engineering degree and an MBA from IIM Bangalore.