If I Could Only Own 1 Stock… This Would Be It
Our newest stock suggestion, Globalive Technology, just announced a major joint venture with Flexiti Financial to create an AI-blockchain software for the consumer loan market.
Flexiti is a leading private label credit card issuer in Canada who recently acquired TD Financing Services’ Canadian private label credit card portfolio, which has helped facilitate more than $3 billion in transactions.
Globalive Technology (TSXV: LIVE & US: LVVEF) plans to leverage Flexiti’s $300 million loan portfolio, with 1.1 million customers, to build an AI platform that anonymously analyzes merchant transaction data.
This allows merchants to create value-added transactions at the point of sale and reduce bad debt by predicting loan outcomes using machine learning. In addition to this, the blockchain software will be built to help the loan funding infrastructure.
Here is what Peter Kalen, Flexiti founder and CEO, had to say upon this announcement… “We are thrilled to partner with Globalive Technology… Building and operationalizing industry-leading software will strengthen our competitive advantage and further differentiate us in the marketplace with AI-driven solutions that help our merchant partners drive more and larger sales.”
Anthony Lacavera, founder and CEO of Globalive Tech, was recently on the show X22 Report Spotlight.
It’s one of the most insightful interviews I’ve listened to about the future. He did a phenomenal job, and everyone should take 30 minutes to listen.
AI-blockchain and Anthony… If I could only purchase 1 stock for the next two years, this would honestly be it.
Consider accumulating a position of Globalive Technology (TSXV: LIVE & US: LVVEF).
Legal Notice: This work is based on public filings, current events, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
The ideas, projections and views expressed are those of FutureMoneyTrends.com and are not ideas, views or recommendations of Globalive or any of its officers or directors. Any forward looking statements are based on our assumptions, projections, beliefs and expectations, however, there is no guarantee that these statements will prove to be correct and are subject to risks and uncertainties.
This work refers to joint ventures or investments that Globalive is a party to. Some of the joint ventures may be subject to further negotiation or documentation.
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