- Record-breaking revenue for Inverite Insights Inc. (INVRF, Financial) in May 2025 with an 18% year-on-year growth.
- The AI-driven platform has amassed over 27 billion financial data points from 7 million Canadian consumers.
- Inverite's platform enhances risk assessment for lenders, reducing loan defaults in a high-interest rate environment.
Inverite Insights Inc. (INVRF), a leading AI-driven software provider, announced a historic achievement in May 2025 with record-breaking revenue and transaction volumes. The company's revenue surged by 18% compared to the previous year, marking the highest revenue month in its history. This growth is fueled by the company's innovative platform optimization using machine learning (ML) and artificial intelligence (AI), new products, and strategic pricing.
As of March 31, 2025, Inverite's platform had gathered over 27 billion financial data points drawn from more than seven million Canadian consumers. This vast database provides alternative lenders with the tools to improve loan adjudication processes and reduce default rates. The company's solutions are particularly valuable in the current high-interest rate environment, as lenders seek data-driven strategies to assess credit-seeking consumers effectively.
Inverite's CEO, Karim Nanji, emphasized the growing demand for the company's platform, which serves as a critical infrastructure component in the alternative credit market. By enabling real-time risk assessment and delivering actionable financial intelligence, Inverite aids lenders in strengthening their underwriting processes and serving underserved segments of the market more effectively.
The Vancouver-based company is committed to continuing its role as a vital player in the financial services sector, driving long-term, technology-focused value creation for its clients and the broader credit ecosystem.
