FintechWerx Launches Enhanced Merchant Onboarding Platform, MerchantWerx 2.0
Vancouver, British Columbia — June 11, 2026 — Leads & Copy — FintechWerx International Software Services Inc. (CSE: WERX) announced today the launch of MerchantWerx 2.0, an advanced platform designed for merchant onboarding and partner management. This new platform aims to support a wide range of users including merchants, independent sales organizations (ISOs), agents, payment service providers, financial technology companies, and other channel partners.
The introduction of MerchantWerx 2.0 follows a License and Services Agreement, dated June 1, 2026, with Secure Digital Payments Corp. (SDP). Under this agreement, FintechWerx has secured the global rights to market, distribute, sublicense, integrate, and support SDP’s existing technology for merchant onboarding and partner management in mutually agreed-upon territories.
MerchantWerx 2.0 expands upon FintechWerx’s current onboarding capabilities by incorporating a more comprehensive suite of tools. These enhancements include features for merchant application management, identity verification, business validation, document collection, underwriting support, electronic signatures, communication tracking, multilingual onboarding, white-label deployment, configurable workflows, and partner administration.
The agreement grants FintechWerx a non-exclusive and non-transferable license to market, distribute, sublicense, and integrate the technology into third-party products and environments, as well as to provide customer support for the platform. SDP will continue to be responsible for the maintenance, support, platform enhancements, and future modifications of the technology.
As consideration for the license, FintechWerx will issue 85,062 common shares to SDP. The value of these shares is set at USD$50,000, calculated by dividing the amount by the 10-day volume-weighted average price of the shares on the Canadian Securities Exchange (CSE) or another applicable stock exchange for the 10 trading days preceding the issuance date, subject to CSE policies. This share issuance is scheduled for the first day of the initial term and the first day of any subsequent renewal terms.
The launch of MerchantWerx 2.0 is a key component of FintechWerx’s merchant enablement strategy, enhancing the company’s ability to manage the complete onboarding lifecycle, from initial application and verification through to underwriting, activation, and ongoing partner management.
George Hofsink, Co-Founder and CEO of FintechWerx, noted that merchant onboarding is a highly fragmented process within the payments industry. He stated, “By expanding our onboarding, compliance, underwriting, document management, and partner administration capabilities, we are giving merchants and payment partners a more complete operating layer. That strengthens our ability to support growth across the FintechWerx ecosystem.”
With MerchantWerx 2.0, FintechWerx is extending its merchant enablement services beyond traditional onboarding into a flexible platform for merchant acquisition, compliance administration, underwriting support, document lifecycle management, and partner-driven growth.
Secure Digital Payments Corp. specializes in developing merchant onboarding and partner management technology for various entities in the payment sector. Their platform offers centralized onboarding, supporting merchant application management, identity and business verification, document collection, underwriting workflows, compliance processes, and administrative oversight.
FintechWerx is a Canadian financial technology company that provides onboarding, payments, identity verification, fraud mitigation, and data services to merchants, ISOs, and payment service providers, offering an integrated solution as an alternative to using multiple specialized providers. More information is available on SEDAR+ and the company’s website.
Source: FintechWerx International Software Services Inc.
Share this story:
