KoreConX announced on Thursday the launch of the Direct Issuance Platform for use by companies for their capital raising around the world. The company reported that the platform provides companies an end to end solution to allow them to offer their securities to investors with the confidence that only those who qualify can view and invest.
“The KoreConX all-in-one Direct Issuance Platform (DIP) is an ideal solution for companies doing direct issuance to investors. With full details of the offering, the company, its key management, and dataroom, investors can review the materials and walk through the online investment process at their leisure.”
The Direct Issuance Platform includes a fully branded platform on the issuing company’s URL, KYC, ID verification, AML, suitability, investor verification, payment processing, subscription agreement, e-signature, and full post-transaction management, which is cap table management, investor relations, transfer agent/share registry, boardroom tools, data management, etc. While sharing more details about the platform, Jason Futko, Co-Founder and CFO, added:
“Our vision has been to remove friction from all aspects of capital activities for companies around the world. Our Direct Issuance Platform is a direct result of understanding the friction companies have to go through when raising capital and then having to report to regulators. This is critical when companies offer their securities to accredited investors.”