FintechWerx Kicks Off the Year with Key Operational Milestones

Fintechwerx International So CA31810J2020

January proved to be an active month for FintechWerx International, marked by a series of strategic announcements. The company delivered a completed AI prototype, secured a new licensing agreement, and conducted a modest capital raise. For shareholders, the central question now is whether these developments will translate into measurable user adoption and recurring revenue streams in the coming quarters.

In mid-January, the firm concluded a non-brokered private placement. A total of 223,214 units were issued at a price of US$1.12 per unit, generating gross proceeds of US$249,999.68. Each unit comprises one common share and one share purchase warrant. Each warrant grants the holder the right to purchase an additional common share at an exercise price of US$1.39 for a period of two years following the closing date.

Management stated the net proceeds are earmarked for working capital requirements, ongoing research and development, and the sales and marketing initiatives for its platform suite. Separately, the company launched a redesigned corporate website in January, intended to provide a clearer overview of its core platform modules, which include PaymentWerx, MerchantWerx, EMTWerx, and TrustWerx.

Strategic Licensing Pact with AetherEV

Also reported last week via news release, FintechWerx confirmed a licensing agreement with AetherEV Energy Corporation. Under the terms, AetherEV will integrate FintechWerx's gateway software and transaction processing services to facilitate secure, real-time payment acceptance on its own platform.

The contract grants a non-exclusive, non-transferable license for internal use. From a technical standpoint, the company highlights encrypted transaction routing and secure data transmission across multiple payment methods—including credit card, EFT, and Interac—within a PCI DSS Level 1 compliant environment. The agreement has an initial term of five years, with automatic renewals for successive one-year periods thereafter. Fee structures are tied directly to gateway utilization and related service volumes.

AI-Werx Initiative Moves from Concept to Demo

The company announced the successful delivery and implementation of a completed proof of concept for its "AI-Werx" initiative. The result is a functional, interactive demo environment that consolidates disparate financial, operational, and external data sources into a unified, queryable intelligence layer.

The platform's features encompass live dashboards, automated PDF reporting, and a natural-language query interface. According to the announcement, the solution specifically targets smaller financial institutions operating in regulated environments. It is designed to allow users to query their own data in real-time, generate structured summaries, and derive actionable insights related to client onboarding, risk signals, and key performance indicators.

A Look at the Equity Structure

Regarding the company's capital structure, data from the Canadian Securities Exchange (CSE) indicates there are currently 37,639,576 common shares issued and outstanding, with a further 21,511,000 shares reserved for issuance. Recent Yahoo Finance data estimated the market capitalization to be approximately CAD 88 to 94 million. FintechWerx shares are listed on the CSE and are also traded on the Frankfurt exchange.

@ boerse-global.de | CA31810J2020 FINTECHWERX