Powerband Solutions Announces Transformative Strategic Partnerships And Financing To Create Leading Automotive Fintech Platform
Powerband Solutions Announces Transformative Strategic Partnerships And Financing To Create Leading Automotive Fintech Platform
05/10/22, 10:50 AM
Location
TORONTO, ON / May 10, 2022 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company"), a comprehensive trading and financing technology platform transforming the online experience to sell, trade, lease, and finance vehicles, is pleased to announce a US$20 million private placement (the "Private Placement") with an investment vehicle controlled by J. Bryan Hunt Jr. ("Hunt") and JPK Capital, an investment vehicle wholly-owned by Joe Poulin
Company Info
Location
toronto, ontario, canada
Additional Info
PowerBand Solutions Inc., listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, funders, and manufacturers (OEMs). It enables them to buy, sell, trade, finance, and lease new and used, electric and non-electric vehicles, on any phone, tablet or PC connected to the internet. PowerBand's transaction platform - being trademarked under DRIVRZTM - is being made available across North American and global markets.