Digital Commerce Payments in the sale of its Jasper PIM Solution business to Venzee Technologies Digital Commerce Payments in the sale of its Jasper PIM Solution business to Venzee Technologies

Effective December 31, 2025, Digital Commerce Payments Inc. (DCP) sold its Jasper Software as a Service (SaaS) Product Information Management (PIM) Solution business to Venzee Technologies Inc. (Venzee) for a total purchase price of $2.85 million, which was satisfied through the issuance of Venzee common shares. Concurrently with the sale transaction, DCP invested $1 million in Venzee through a private placement for common shares, and Venzee converted approximately $2.9 million of its outstanding debt into common shares pursuant to agreements entered into with its creditors, including DCP and its affiliates. After completion of the transactions, DCP and its affiliates became the majority shareholders of Venzee, collectively holding approximately 73% of the Venzee common shares.

DCP is a cutting-edge digital payment solutions provider headquartered in Calgary, Alberta. Venzee is a TSX Venture Exchange-listed company that was subsequently renamed JasperX Technologies Inc. The Jasper PIM solution is a tool that helps eCommerce merchants organize their inventory data and syncs that data to e-commerce platforms, allowing merchants to build better online products and get to market faster.

Osler, Hoskin & Harcourt LLP advised DCP with a team consisting of Kelsey Armstrong (Corporate), Kurtis Bond, Karen Perry (Tax) and Hannah Ferrara.