TORONTO, ON–(Marketwired – March 21, 2016) – Companies need to be transparent with their shareholders, and KoreConX is built to help them do so. With this in mind, the company has now launched its platform in Spanish, allowing investors and entrepreneurs to manage their corporate information or holdings in Spanish.
There are 55.4 million Hispanic Americans, according to reports, and the American Spanish speaking population is projected to be 138 million by 2050. KoreConX is making it easier to be transparent with shareholders, allowing companies to better leverage the platform for efficient compliance and communication, and helping companies break down language barriers in business. Hispanic business owners can use KoreConX to better manage their shareholders, corporate information, stakeholders, and to apply to equity crowdfunding portals.
KoreConX, which launched its platform in November of 2015, provides companies with the tools that they need to access capital, and helps them manage and communicate with their shareholders after the fact. “In launching the platform in Spanish, we hope to make it easier for hispanic companies to stay compliant, be transparent with their shareholders, and manage their business,” said Oscar Jofre, President and CEO of KoreConX.
Hispanic companies are a big driver for growth — current predictions state that there will be more than 4.07 million Hispanic-owned companies in operation by the end of this year. The value of these businesses is expected to exceed $661 Billion this year, and KoreConX is here to equip them with the tools they need to manage their growth in the face of stringent compliance requirements.
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 ecosystem 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 atwww.koreconx.com.