PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), PowerBand Solutions US Inc. recently accepted an additional $2.7-million investment from Texas-based D&P Holdings. The capital injection is assisting the Company on multiple fronts, including with the launch of PowerBand’s Driveaway consumer app. An article discussing this reads, “The additional D&P Holdings investment will also help launch Driveaway, PowerBand’s consumer app enabling Americans to access virtual auctions to purchase and sell used cars directly between consumers or from dealers. The app will offer commercial partners and consumers a wider auction audience, eliminate the cost of transporting vehicles to physical auction lots and ensure the value of their vehicles is reached. Fees are only charged on successful transactions.”
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About PowerBand Solutions Inc.
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 smart phones or any other online digital devices, from any location. PowerBand’s transaction platform – being trademarked under DRIVRZ – is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
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