Tickers: XCNQ:MRBL, XOTC:MRBLF, PINX:MRBLF
Tags: #Banking&FinancialServices, #Business, #Technology
Vancouver, B.C. - TheNewswire - February 26, 2020 - Marble Financial Inc. (CNSX:MRBL.CN); (OTC:MRBLF) "Marble" or the "Company," is pleased to announce that the province of Prince Edward Island ("PEI") has granted the company's subsidiary, TPFM The Phoenix Fund Management Ltd. ("TPFM") extra-provincial registration. Marble continues to grow its exposure across Canada and fulfill its mission in helping Canadians improve their financial wellness by offering PEI consumers its proprietary credit rebuilding products.
Marble and its subsidiary TPFM can now offer its proprietary credit rebuilding products in 9 of the 10 provinces across Canada.
According to the Government of Canada Insolvency Statistics, consumer proposals have become an increasingly preferred route for many Canadians to re-structure and manage their debt which in 2018 was in excess of $8B in declared liabilities. In the past year this form of government regulated debt restructuring has grown by nearly 18% or approximately 83,000 consumer proposals were filed with the Superintendent of Bankruptcy Canada. This growing subprime industry continues to provide positive data for Marble and TPFM to recognize the high demand for its credit wellness solutions. The continued expansion across Canada offering the Company's proprietary Score-Up and Fast Track credit rebuilding products to underserved consumers, further solidifies the business strategy for the company to hit its growth targets in 2020.
"We are delighted to announce the expansion into PEI, helping us to fulfill our mission in helping even more credit constrained Canadians." says Karim Nanji, Marble CEO. "Reflecting on our success in other provinces, we believe that our credit rebuilding products Fast-Track and Score-Up will reach new heights and provide even more Canadians with smart and sustainable financial solutions."
About Marble Financial Inc. (CSE:MRBL; OTCQB:MRBLF) We are a group of forward-thinking financial technology experts that fully understand the benefits and drawbacks of credit in Canada. Marble helps Canadians rebuild their credit to gain access to prime lending, through our industry-leading proprietary technology solutions Fast- Track, Score-Up, and Credit-Meds. Our proven strategy guides our customers back to a meaningful credit score, 50% quicker than traditional methods. Since 2016, Marble is proud to have empowered thousands of Canadians to a positive financial future and we continue to establish ourselves as leaders in financial wellness.
For further information, please visit the company's website at http://www.mymarble.ca/
Mike Marrandino, Executive Chairman
TF: (855) 661-2390 ext. 104
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