On February 6, 2025, ATB Ventures, the innovation arm of prominent Canadian financial institution ATB Financial (“ATB”), announced a conditional agreement to sell the Oliu™ technology stack to Credivera, a Calgary-based digital identity firm.

The acquisition is expected to enhance Credivera’s platform with layered ID verification capabilities.

Fasken has advised ATB in connection with this transaction with a team comprised of Will Shaw, Hashim Ghazi, Véronique Poulin, Alec McIlwraith-Black, Olivia Pietras, and Spencer Atin (Articling Student).