We are pleased to provide an update on Inverite Insights Inc, a company evolving from Canada’s first real-time bank verification platform into a comprehensive risk intelligence provider. During an interview with Juan Costello from Wall Street Analyzer, CEO Karim Nanji recently highlighted significant progress and strategic positioning in the evolving financial landscape.
Key Company Developments & Performance:
Microcheck API: The company recently decoupled its Microcheck platform, an off-bureau credit database capturing non-registered loan activity, making it available as a standalone API. This enhances client flexibility and opens new avenues for revenue generation.
Proven Impact: A compelling case study demonstrated the power of Inverite’s technology, showing a 41% reduction in loan defaults during testing with a major Canadian non-prime lender. This tangible result underscores the platform’s ability to improve loan performance and operational efficiency.
Risk Model as a Service: Inverite is strategically shifting towards a SaaS-based delivery model with its Risk Model as a Service offering. This allows clients to embed Inverite’s predictive intelligence directly into their workflows, driving platform stickiness, increasing value per client, and establishing a clear path for scalable, recurring revenue growth.
Financial Traction: The platform is gaining significant traction, with verification fee income up more than 30% year-over-year for the 9 months ending December 2024, driven by increased platform usage and new client onboarding. The company has processed over 25 billion financial data points and verified over 6.5 million Canadian bank accounts.
Market Opportunity & Strategic Positioning: Inverite is operating at a transformative moment in financial services. Traditional credit models are becoming outdated, and there is a growing demand for real-time, inclusive alternatives. With the rise of Open Banking and consumer-permissioned data, the ability to transform this data into actionable insights for risk, fraud, and affordability is paramount.
Inverite is uniquely positioned at the convergence of Open Banking, embedded finance, and AI-driven risk assessment. The platform transforms raw data into predictive intelligence, addressing major blind spots in the financial ecosystem.
Investment Perspective: Inverite offers investors exposure to a mission-aligned, commercially validated platform with high growth potential. The company’s long-term outlook is anchored in key macro trends including Open Finance, AI-driven personalization, and the shift towards embedded intelligence. The SaaS model supports strong margins, and proprietary data provides long-term defensibility.
With validated product-market fit, a recurring revenue model, strong unit economics, and scalable infrastructure, Inverite is building the essential risk intelligence layer for modern finance.
Listen to the full interview here: https://wallstreetanalyzer.com/2025/05/22/inverite-insights-inc-cse-invr-otc-pink-invrf/