FintechWerx invests $50,000 in AetherEV to boost EV payment platform integration and customer onboarding, leveraging Canada's $2.3 billion EV affordability programFintechWerx invests $50,000 in AetherEV to boost EV payment platform integration and customer onboarding, leveraging Canada's $2.3 billion EV affordability program

FintechWerx Invests $50,000 in AetherEV to Accelerate Platform Deployment Amid Canadian EV Funding

2026/02/07 00:05
2 min read

FintechWerx International Software Services Inc. has completed a US$50,000 investment in AetherEV Energy Corporation to advance their strategic partnership and accelerate deployment across the FintechWerx platform. The investment follows the companies’ recently executed commercial agreement and comes as platform integration work is underway for AetherEV.

The timing coincides with the Canadian government’s newly announced $2.3 billion Electric Vehicle Affordability Program, creating what management sees as an opportune moment to provide targeted capital. According to George Hofsink, Co-Founder and CEO of FintechWerx, this capital is being applied specifically to support AetherEV integrations and customer onboarding. ‘AetherEV already has customers lined up and ready to deploy on our platform,’ Hofsink stated.

This investment represents part of FintechWerx’s broader operating model of identifying merchants positioned for transactional volume growth. The company’s platform deployment enables merchants to expand their payment capabilities and capacity to meet market demand. Hofsink emphasized that the company focuses on keeping capital tied directly to near-term execution rather than long development cycles.

The partnership builds on previous announcements including the successful deployment of FintechWerx’s AI-Werx proof of concept and the signing of the agreement with AetherEV, with news releases available through SEDAR+ and the company’s website at FintechWerx.com. AetherEV operates its own website at aetherev.com.

FintechWerx provides onboarding, payments, identity verification, fraud mitigation, and data services to merchants, independent sales organizations, and payment service providers. The company positions itself as an alternative to what it describes as a patchwork of providers typically required in the financial technology sector. Additional corporate information is available through regulatory filings.

The investment comes as both companies navigate an evolving regulatory landscape and competitive market conditions. While forward-looking statements in the announcement outline expectations for successful implementation and commercial outcomes, they also acknowledge risks including market volatility, competitive pressures, and regulatory compliance challenges that could affect the partnership’s results.

Blockchain Registration, Verification & Enhancement provided by NewsRamp™

This news story relied on content distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is FintechWerx Invests $50,000 in AetherEV to Accelerate Platform Deployment Amid Canadian EV Funding.

The post FintechWerx Invests $50,000 in AetherEV to Accelerate Platform Deployment Amid Canadian EV Funding appeared first on citybuzz.

Market Opportunity
Boost Logo
Boost Price(BOOST)
$0.0004027
$0.0004027$0.0004027
-5.29%
USD
Boost (BOOST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Silver Price Crash Is Over “For Real This Time,” Analyst Predicts a Surge Back Above $90

Silver Price Crash Is Over “For Real This Time,” Analyst Predicts a Surge Back Above $90

Silver has been taking a beating lately, and the Silver price hasn’t exactly been acting like a safe haven. After running up into the highs, the whole move reversed
Share
Captainaltcoin2026/02/07 03:15