Vancouver, BC — January 12, 2026 — Leads & Copy — FintechWerx International Software Services Inc. (CSE: WERX) has signed a non-binding letter of intent with 1470500 BC Ltd. for FintechWerx to acquire an exclusive, worldwide license to the Vendor’s High Risk Shield technology and an equity interest in the Vendor.
The LOI was dated January 9, 2026. 1470500 BC Ltd. is described as an arm’s length third-party.
According to the company, High Risk Shield is a device intelligence and fraud mitigation solution designed to identify high-risk users, automated traffic, and known bad actors across digital commerce, affiliate marketing, and other high-risk online environments. The solution focuses on device-level signals to recognize repeat and malicious activity that may persist even when IP addresses or network identifiers change.
FintechWerx states the technology supports practical deployment alongside existing fraud and risk controls. It allows merchants and payments ecosystem participants to enhance traffic quality, reduce fraud-related losses, and improve risk decision-making across high-risk use cases without complex enterprise integrations.
Under the terms of the LOI, the parties intend to negotiate definitive agreements in which FintechWerx would obtain the exclusive right to market, distribute, and sublicense the High Risk Shield technology globally. FintechWerx would also acquire shares in the Vendor for consideration payable in cash and common shares in FintechWerx, subject to a maximum purchase price determined through mutual due diligence and the negotiation of definitive documentation.
The potential transaction remains subject to customary conditions, including the completion of mutual business and legal due diligence, the negotiation and execution of definitive agreements to the satisfaction of the parties, and the receipt of all required corporate and regulatory approvals, including the approval of the Canadian Securities Exchange. The LOI does not create a binding obligation on either party to complete the proposed transaction, except with respect to certain customary binding provisions.
George Hofsink, Co-Founder and CEO of FintechWerx, said the exclusive license is intended to expand FintechWerx’s fraud prevention capabilities within the Company’s payments ecosystem.
Hofsink also stated that device-level intelligence is an increasingly important component of modern fraud mitigation, especially for merchants operating in higher-risk environments, and that High Risk Shield represents a complementary technology that aligns with their broader strategy to deliver practical, scalable risk and fraud solutions across the FintechWerx platform.
FintechWerx will provide further updates as material developments occur, in accordance with applicable securities laws and the policies of the CSE.
FintechWerx is a financial technology company providing onboarding, payments, identity verification, fraud mitigation, and data services to merchants, independent sales organizations, and payment service providers.
Francisco Carasquero
Co-Founder and CFO
FintechWerx International Software Services Inc.
Phone: 778-652-3669
Email: info@FintechWerx.com
Source: FintechWerx
