PowerBand Solutions Inc. PWWBF Archives - Page 5 of 14

MondayNov 09, 2020 12:56 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Issues Strategic Update on End-to-End Platform – DRIVRZ

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, today issued an update from its CEO Kelly Jennings on its disruptive platform – DRIVRZ. “I want to update you on the services DRIVRZ will soon be offering drivers and automotive dealers, from their smart phones, tablets or any connected digital device, from anywhere,” Jennings stated in the update. “Just as importantly, I want to explain how we are now bringing together millions of consumers, thousands of automotive dealers and an inventory of more than 4.5 million new and used vehicles all under the DRIVRZ…

WednesdayNov 04, 2020 10:36 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Puts DRIVRZ in Front of Millions of US Consumers Through Strategic Partnership

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, today announced its entry into a letter of intent with CB Auto Group Inc. Under the agreement, PowerBand will provide CB Auto's membership (which currently amasses 17 million) with direct access to PowerBand's virtual platform — DRIVRZ. “This partnership will put DRIVRZ in front of millions of U.S. consumers who will be able to buy, lease, sell, trade and finance a car and truck from their smart phone, as easily as buying a product on Amazon,” said PowerBand CEO Kelly Jennings. “This is another important…

TuesdayNov 03, 2020 12:26 pm

QualityStocksNewsBreaks – MUSA Auto Finance Partners with Two US Financial Institutions to Expand Car-Leasing Services

A PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) partner, MUSA Auto Finance, has partnered with two large financial institutions and is adding dealers to its platform at a record pace as it expands its new- and used-car leasing platform. MUSA, an automotive finance and technology lender specializing in effortless leasing, is working with its new partners to achieve securitization. MUSA focuses on automating the time-consuming, manual processes typically involved with leasing and buying vehicles. For example, MUSA's technology platforms process applications, calculate leases, make auto-decisions regarding applications, provide approvals for dealer partners, and prefill lease contracts — all within…

FridayOct 30, 2020 11:31 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Strategic Appointment of National Sales Manager for DRIVRZ

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, today announced the appointment of Kevin Wilks as national sales manager for DRIVRZ US LLC. Wilks is an experienced and proven senior leader in the automotive captive finance industry. In his new role, Wilks will oversee sales and business development for both PowerBand's virtual transaction platform, DRIVRZ, as well as D&P Holdings Inc., a strategic investor in PowerBand that is a national insurance administrator offering a wide variety of vehicle finance and insurance products. "Kevin is another senior appointment to PowerBand's management and advisory team…

ThursdayOct 29, 2020 10:44 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Announces 60% Acquisition of Leading iPad Solution for Auto Dealers, Drivers

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a leader in online vehicle transactions using smartphones, has announced that it has added IntellaCar to its virtual transaction platform. PBX made the addition by signing a membership interest purchase agreement through its subsidiary DRIVRZ US LLC. ("DRIVRZ US") to acquire 60% of IntellaCar, a leading iPad solution for automotive dealers and drivers. The agreement outlines plans for DRIVRZ to pay $1.5 million in cash, along with 2 million common shares of PBX, for the transaction. The total purchase price, which was negotiated at arm's length and is based on an issuance…

MondayOct 26, 2020 12:19 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Conversion of Debenture

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, on Friday announced that the sole holder of a $1.5 million convertible debenture with a maturity date of October 22, 2020, has elected to convert the entire principal, pursuant to an unsecured convertible note dated October 22, 2019. According to the update, $1.0 million of the principal amount is convertible at a price of $0.065 and $500,000 of the principal amount is convertible at a price of $0.085. In total, 21,266,968 common shares will be issued as fully paid and non‑assessable shares in the capital…

FridayOct 23, 2020 1:02 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Signs Premier Auto to DRIVRZ

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, was selected by Premier Auto Group, one of the fastest growing auto dealership networks in the U.S. for the signing of Premier Auto’s dealers onto PowerBand’s virtual transaction platform, DRIVRZ. According to the update, with sales from its 24 dealerships nearing US$1 billion, Premier Auto's dealers will have access to the DRIVRZ virtual transaction platform and 4.5 million new and used cars. “The DRIVRZ platform offers an exciting new way for people to buy, lease, sell and trade in cars and trucks, all on one…

ThursdayOct 22, 2020 1:08 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Secures Additional Financing Facilities for DRIVRZ

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, and its U.S. leasing division, MUSA Auto Finance LLC, have secured a second agreement with a California-based credit union for U.S. consumers and automotive dealers using the PowerBand virtual transaction platform. According to the update, the financing agreement is similar to and augments the US$300 million in financing MUSA already secured on July 13th, 2020, with another U.S. national depository institution. The financing facilities are part of PowerBand's ongoing strategy to acquire multibillion consumer and dealer financing lines to support lease originations from its virtual…

WednesdayOct 21, 2020 10:06 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Partners with HUB to Offer Best-in-Class Auto Insurance Solutions

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a leader in online vehicle transactions using smartphones, has announced an agreement with HUB International Ltd. ("HUB"), the largest privately held, personal-insurance brokerage in the country. As part of the agreement, HUB’s personal lines of automotive insurance solutions will be available on PowerBand's virtual transaction platform to drivers in the United States initially, with plans to expand to Canada soon. Currently PowerBand offers its users the ability to buy, lease, sell, trade and finance a vehicle from any location using a smartphone or other digital device; the recently announced agreement adds…

MondayOct 19, 2020 9:59 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Expanding Platform to Offer DRIVRZ Credit Cards

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, today announced that it will offer U.S. consumers and automotive dealerships DRIVRZ-branded credit cards through an agreement with DigniFi, a leading U.S.-based auto-financing company. According to the update, the credit cards will be offered through PowerBand's virtual transaction platform - now being trademarked under the DRIVRZ brand. Under the agreement, approvals for DRIVRZ credit cards will be managed by DigniFi, which has a national presence in more than 5,000 U.S. automotive retail and repair centers. "The DRIVRZ credit card will be available to consumers on…

Site Search

Company Search

Tag: PowerBand Solutions Inc. PWWBF