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Immigration technology stock CanPR begins trading on the TSXV

Consumer, Market News, Technology
TSXV:WPR
28 June 2024 12:44 (EDT)

CanPR Technology (TSXV:WPR), a leading-edge Canadian immigration platform, began trading on the TSXV as of Thursday’s market open.

The listing, which follows the reverse takeover of General Assembly Holdings, offers investors exposure to the company’s CanPR app, a technology platform that helps immigrants along their journey towards permanent residency in Canada with an end-to-end suite of pre- and post-landing services. The app boasts more than 1 million downloads, about 100,000 monthly active users and thousands of five-star reviews across the Google Play and Apple App stores.

The company’s all-in-one offering coincides with rising Canadian immigration levels – with more than 1 million new Canadians registered in 2022 alone and another 1 million expected through 2024 and 2025 – on top of reliable growth expected across the more than US$15 billion global immigration consulting services industry through 2028.

Leadership insights

“There is a huge opportunity for CanPR to help solve the significant labour market inefficiencies borne from the combination of aging populations and declining birth rates,” Akshat Soni, CanPR Technology’s co-founder and chief executive officer, said in a statement. “We provide the only technology solution that combines pre- and post-landing services in one platform. Immigrants who want to relocate to Canada can complete permanent residency applications faster, identify and apply for jobs that match their education and experience through our recruitment tools, and obtain insurance coverage, banking and other services to help them settle in Canada – all through the CanPR app.”

About CanPR Technology

CanPR Technology operates a platform that helps immigrants become Canadian permanent residents.

The immigration technology stock (TSXV:WPR) is up by 10 per cent, trading at C$0.55 per share as of 10:25 am ET.

Join the discussion: Find out what everybody’s saying about this immigration technology stock on the CanPR Technology Ltd. Bullboard, and check out Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image: CanPR Technology)


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