KoreConX announced on Tuesday it has formed a new partnership with InvestReady, a company that developed technology to power issuers and platforms with the capability to offer investor verification software right on their site for an efficient and fast verification experience, to provide investor verification.
According to KoreConX, investors will now be able to use the platform’s all-in-one platform to safely and confidentially verify their accredited investor status. KoreConX reported that once an investor is verified, they earn a digital, SEC compliant, InvestReady certificate of accredited status. This allows them to instantly qualify for access to participate in investments in a secure and scalable manner. While sharing more details about the partnership, Oscar Jofre, Co-founder and CEO at KoreConX, stated:
“Our work at KoreConX is all about making business management effortless, so companies, broker-dealers can focus on growing. The type of instant investor verification that InvestReady offers make it easier for companies and broker-dealers to complete the capital raise in a compliant manner.”
Adrian Alvarez, Co-Founder and CEO at InvestReady, also commented:
“I believe our shared focus on providing exceptional service at scale is a huge factor in this partnership. We’re also both constantly re-tooling and thinking about how we can improve our service.”
KoreConX went on to add that InvestReady will become part of the KorePartner ecosystem, which is a group of selected broker-dealers, secondary market platforms, capital markets platforms, lawyers, compliance, investor relations, accounting, and marketing firms that support the KoreConX security token protocol and adhere to KoreConX governance standards.