FintechWerx Agrees to Acquire Lending Platform
Vancouver, British Columbia – TheNewswire - July 7, 2026 - FintechWerx International Software Services Inc. (CSE: WERX) (“ FintechWerx ” or the “ Company ”) is pleased to announce that it has entered into an Intellectual Property and Technology Asset Purchase Agreement (the “ Agreement ”), dated July 6, 2026, with 1431575 B.C. Ltd. (the “ Vendor ”), an arm's length party, pursuant to which FintechWerx has agreed to acquire certain technology (the “ Technology ”) from the Vendor (the “ Transaction ”). The Technology, known as “Ruby Loans”, is a small and medium-sized business lending platform. Ruby Loans puts borrowers in control of initiating their credit inquiries and streamlines the loan origination process by automating many of the manual steps required to prepare small business loan files for approval. The platform combines processes and tools and is designed to take the application through a staged process from inquiry with input gathered from the borrower to the submission and evaluation of key documents, along with a financial and risk evaluation. The intended result is a quality loan enquiry being generated prior to the involvement of credit risk personnel. As consideration
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