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PowerBand Solutions Inc V.PBX

Alternate Symbol(s):  PWWBF

PowerBand Solutions Inc. is a Canada-based financial technology (fintech) provider in the automotive industry. The Company develops, markets and sells access to cloud-based transaction platform to buy, sell, trade, finance and lease new and used vehicles, which includes real time appraisal services, market information and financing solutions. Its DRIVRZ, is a multi-dimensional marketplace platform, which provides consumers and dealers with streamlined buying and selling solutions. The Drivrz platform suite consists of three vertically integrated products: DrivrzFinancial, DrivrzXchange, and DrivrzLane. DrivrzFinancial is a technology-driven finance solution with a focus on used vehicle and electronic vehicle (EV) leasing. DrivrzXchange is a consumer-focused, dealer-inclusive multi-sided marketplace. DrivrzLane provides a complete end-to-end omnichannel solution for online automotive sales from dealer websites or listing sites with an e-commerce transaction solution.


TSXV:PBX - Post by User

Post by kentucky77on Jul 21, 2022 6:11am
257 Views
Post# 34839546

PBX Strategic Plan Underway...

PBX Strategic Plan Underway...Our 1st DMS integration partner is CDK Global with ultimate access to 7-8000 dealers the largest in the U.S. Several major dealer groups already signed by PBX. Used vehicle sales are all about affordable monthly payments... leasing provides lower payments at higher dealer margins = dealer engagement and volume throughput.
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