Globalive Technology, Flexiti form AI and blockchain fintech JV
Globalive Technology and Flexiti Financial have formed a joint venture (JV) to build and commercialize software utilizing artificial intelligence and blockchain technology. The JV will build an AI platform that analyzes consumer purchase and credit history, as well as blockchain infrastructure for loan funding, merchant supply chain management, and loyalty programs. Flexiti, a Toronto-based point-of-sale financing and payment technology company, this month bought TD Financing Services' private label credit card portfolio with the help of a $50 million investment from Globalive Capital. Globalive Technology went public in May.
18 June 2018•3 mins read
