PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, today announced that its June 2021 financial results demonstrate continuation of robust month-over-month growth, positioning the company for another strong quarter. “We are seeing more dealers embracing the DRIVRZ(TM) platform, resulting in higher volumes month over month in 2021. Due to the weekly increases of our dealer partners, we are looking forward to meeting our targets for the year,” said PowerBand CEO Kelly Jennings. “Our lease origination portfolio is nearing CDN $100 million and that is a milestone we are excited to announce as we accelerate our growth. We are strong in our conviction that our asset-light model will produce better shareholder value than similar entities in this space.”
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About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based platform facilitates transactions among 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 any phone, tablet or PC connected to the internet. PowerBand’s transaction platform – DRIVRZ – will be available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
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