TORONTO, ON–(Marketwired – May 04, 2016) – KoreConX has been named as one of the finalists for the Benzinga Fintech 2016 Awards, which was created to seek out the most innovative fintech companies around the world, improving the way we create wealth in capital markets.
We garnered over 2,000 votes in the initial round of the competition, and are pleased to be a part of the finals alongside heavy-hitters like OurCrowd, and SyndicateRoom.
KoreConX was selected because of its mandate to make it easier for companies to raise capital online, automating and streamlining the process for compliance and transparency after companies have successfully raise their funds by providing investor relations and cap table management. It’s a free all-in-one solution that helps companies navigate the process of raising equity capital, and simplifies shareholder communications to reduce risk.
KoreConX President and CEO, Oscar Jofre, is a Top 100 Global Fintech Influencer and Top 100 Global Thought Leader on Equity Crowdfunding, and a frequent speaker on the topics globally, as well as published author in the world’s first crowdsourced fintech book. Alongside co-founder and CFO Jason Futko, he started KoreConX with the idea in mind of creating a unified, centralized online ecosystem comprising all the tools and experts companies need to raise money.
“Fintech, is a very exciting sector that has 5 segments (banking, private equity, capital markets, legal, insurance, regulations) that are disrupting the institutional pillars of each of these segments. Alternative finance especially, has been fragmented in the past, and we launched the KoreConX solution to tie it all together,” said Jofre. “The fintech sector, in order to realize the exponential growth it could experience, needs a platform like KoreConX to bring all segments together.”
Why Companies Need KoreConX
The integrated tools and services platform, available at www.koreconx.com, saves companies time and helps reduce legal fees by having all the required corporate documents proactively organized, while allowing organizations to efficiently manage corporate records. KoreConX makes onboarding and dealflow screening for equity crowdfunding portals much easier while ensuring issuers are prepared for due diligence, reporting regularly and managing shareholders properly.
Why Equity Portals Need KoreConX
Portals are responsible for conducting due diligence on each company that wants to list on their portal. Doing this to the highest standards is where they get the edge and the reputation they need to succeed. This is a major undertaking, and time consuming when companies come unprepared and in large numbers. Portals serve the company and the investor, and protect the best interests of both with good due diligence. The investor will remain with the portal long after the company has raised its money, therefore the portal operators want to make sure their investors are being well taken care of by the companies they have just helped in raising their capital. We help save equity crowdfunding portals time, increase deal flow, and make regulatory compliance easy.
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KoreConX is a free all-in-one solution that helps companies navigate the process of raising equity capital, and simplifies shareholder communications to reduce risk. The KoreConX eco-system empowers stakeholders (regulated crowdfunding portals, shareholders, board directors, CEO, CFO, corporate secretary, lawyers, auditors, investor relations, members and 3rd party providers) to manage corporate information from a Single Point of Entry within a secure, hosted application that results in efficient and transparent corporate governance. More information is available at www.koreconx.com.