PowerBand Reports Third Quarter 2021 Financial Results

Revenues of $9.2M in Q3 2021, an increase of 96% from Q2 2021 revenues of $4.7M Adjusted EBITDA loss reduced by 22% in Q3 2021 relative to Q2 2021 TORONTO, ON /  November 10, 2021 / PowerBand Solutions (TSXV:PBX)(OTCQB:PWWBF)(FSE:1ZVA) (“PowerBand” “PBX“or the “Company“), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and…

PowerBand Increases Dealer Count by 14% for DRIVRZ Financial

DRIVRZ Financial Increases Dealer Count to 532 by Consummating Agreement with a Large U.S. Dealer Group TORONTO, ON / July 19, 2021 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(FRA:1ZVA) (“PowerBand“, “PBX” or the “Company“), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, is pleased to announce that the Company has signed…

|

Premier Automotive Group to Offer DRIVRZ Electric Vehicles Lease Finance

DRIVRZ Financial has access to USD 2 Billion in renewable EV Lease Lines TORONTO, ON / June 10, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (FSE:1ZVA) (“PowerBand“, “PBX” or the “Company“) is pleased to announce the Premier Automotive Group (“Premier Auto“) will be leading its electrical vehicle leasing pilot under DRIVRZ Financial, Powerband’s leasing division….

PowerBand and U.S. Electric Truck Maker Atlis Motor Vehicles Sign MOU to Offer Leasing, Purchasing and Insurance Services

ATLIS plans to use DRIVRZ™ platform to finance and insure its EV subscription and ownership model for consumers VANCOUVER, BC /  May 19, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (FSE:1ZVA) (“PowerBand“, “PBX” or the “Company“) has reached a Memorandum of Understanding (“MOU”) to use its DRIVRZ™ technology to supply leasing, purchasing, and other financial services to…

PowerBand Appoints Brent Green as Chief Revenue Officer of DRIVRZ Financial

Green Brings Senior Executive Experience Leading Sales Organizations Both in the US and Across the Globe VANCOUVER, BC /  May 5, 2021 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(FRA:1ZVA) (“PowerBand“, “PBX” or the “Company“), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease, or finance vehicles to consumers, dealers, and…

Addition of US $2 Billion in EV Lease Lines Puts DRIVRZ On Road To Be Leader in Electric Vehicle Leasing

PowerBand’s finance arm, DRIVRZ Financial, has been approved for two additional US $1-Billion-dollar EV lease lines from Unify Financial Credit Union and Valley Strong Credit Union. These two lines are in addition to previously announced lease lines. VANCOUVER, BC / May 4, 2021 / PowerBand Solutions (TSXV:PBX) (OTCQB:PWWBF) (“PowerBand” “PBX“ or the “Company“), a comprehensive e-commerce solution transforming the online…

Drivrz Financial Expanding Existing USD $300 Million Loan Origination Credit Facility

PowerBand’s finance arm (Drivrz Financial) is extending its platform to accept loan originations from its dealer customers, Intellacar customers and DrivrzXchange customers. VANCOUVER, BC / April 28, 2021 / PowerBand Solutions (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) (“PowerBand” “PBX“ or the “Company“), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, is announcing its intent…

|

Drivrz Financial Expanding Footprint into Loan Originations with Initial $300 USD Million Credit Facility

PowerBand’s finance arm (Drivrz Financial) is extending its platform to accept loan originations from its dealer customers, Intellacar customers and DrivrzXchange customers. VANCOUVER, BC / April 26, 2021 / PowerBand Solutions (“PowerBand” “PBX“ or the “Company“), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, is announcing its intent to accept loan…

DRIVRZ To Be Promoted On Motortrend.com Reaching Millions Of Drivers

VANCOUVER, BC / April 5, 2021 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) (“PowerBand“, “PBX” or the “Company“) has executed a campaign with MotorTrend Group (“MotorTrend”), utilizing Source Digital’s newly launched ad unit for activating moments in video, to promote the DRIVRZ™ platform to the MotorTrend audience across their owned and operated digital properties. The promotion of the DRIVRZ™ platform, which allows…

DrivrzXchange Consumer to Consumer Vehicle Auctions Are Live In Arkansas and Surrounding Area

Powerband’s latest consumer focused car buy and sell site is available at www.drivrzXchange.com VANCOUVER, BC / March 29, 2021 / DrivrzXchange, the online consumer auction platform of PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) (“PowerBand“, “PBX” or the “Company“), has begun a pilot launch in Northwest Arkansas, with plans to rapidly expand into select markets nationwide. The…