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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 jetfuel10Xon Nov 14, 2022 8:03pm
182 Views
Post# 35098423

Darrin Swenson,president and chief executive officer

Darrin Swenson,president and chief executive officerMr. Swenson is currently the chief operating officer (COO) of Hunt Automotive Group as well as a board member of Powerband. Upon his promotion, he will assume the positions of president and chief executive officer of Powerband. Mr. Swenson has over 25 years of automotive dealership ownership and management experience. Mr. Swenson served as chief operating officer for Hunt Automotive Group, managing four franchise dealerships in adjoining states. Mr. Swenson presently presides as COO for an independent auto auction company with locations in Springdale, Arkansas and Wichita, Kan., consigning over 350,000 vehicles and contributing over one billion dollars in sales to the retail and wholesale automobile market. Simultaneously, Mr. Swenson currently leads a team of information technology (IT) professionals at Powerband Solutions who have accomplished creating and launching D2D, a wholesale on-line auction platform, as well as DrivrzXchange, an on-line auction platform offering public consumers a new way to sell or purchase a vehicle.
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