Kore is the first of its kind, an All-In-One Platform that unites tools to securely and efficiently manage essential business data and facilitate compliance.
Kore is the first of its kind, an All-In-One Platform that unites tools to securely and efficiently manage essential business data and facilitate compliance.
In the latest episode of The Big Data Show, host Nate Latimer welcomed Oscar Jofre, Founder and CEO of Kore, to discuss the evolving landscape of private equity, crowdfunding regulations, and the democratization of capital markets. The engaging conversation explored the profound impact of the JOBS Act, signed by President Obama in 2012, and its role in transforming how companies raise capital.
Jofre, a top fintech influencer and a leading figure in the private equity space, detailed how the JOBS Act changed the private capital markets. By enabling startups and smaller companies to raise capital through general solicitation and online crowdfunding, the Act has significantly increased the opportunities to secure the funding they need.
In other words, with the expansion of regulations such as Regulation A+, Regulation CF, and Regulation D, private companies now have *more avenues to engage with both accredited and non-accredited investors globally.
During the podcast, Jofre provided insights into the latest trends in private equity, highlighting how crowdfunding platforms and decentralized funding models are reshaping the industry. He also emphasized the importance of regulatory compliance, especially as it relates to the intersection of technology, blockchain, and capital raising.
Nate Latimer commented, “Oscar’s experience and expertise in crowdfunding regulations are unparalleled. His insights into how companies can leverage data, compliance, and innovative strategies to raise capital are invaluable for any business navigating today’s complex private equity market.”
To learn more about crowdfunding regulations, private equity trends, and how emerging technologies are shaping the future of capital raising, tune in to the full podcast episode on The Big Data Show.
Kore Reveals New Brand Identity: Embracing Trust and Innovation in the Private Capital Markets
August 8, 2024 – Kore, formerly known as KoreConX, is proud to announce the launch of its new logo and simplified name. This rebranding marks a significant milestone in the company’s evolution, reflecting its unwavering commitment to providing an efficient, secure, and innovative infrastructure for the Private Capital Markets.
Simplifying the name to Kore reflects a commitment to clarity and efficiency. This fresh identity embodies the core values that drive Kore: empowering clients to achieve their goals through a robust infrastructure you can trust. The new logo, featuring a rounder font and a modernized hexagon within a square, symbolizes trust, stability, and a forward-thinking approach.
Kore’s rebranding is more than a visual update; it represents a promise to deliver an infrastructure you can trust. This updated look highlights the commitment to blending reliability with innovation.
The Kore All-In-One platform and its tools streamline transactions and enhance efficiency, simplifying the complexities of the Private Capital Markets.
At the forefront of industry innovation, Kore’s cutting-edge technology secures transactions, ensures you’re compliant with regulatory standards, and provides verified data you can rely on. Whether raising capital or managing investments, Kore offers the solutions needed to thrive in a competitive landscape.
Revolutionizing the Private Capital Markets
As Kore embarks on this new chapter, the company remains dedicated to delivering exceptional value. The simplified brand reflects Kore’s commitment to staying ahead in an ever-evolving industry. This rebranding is a reaffirmation of the promise to provide modern, trustworthy solutions in the Private Capital Markets.
Kore invites clients, partners, and stakeholders to join in celebrating this exciting evolution, marking a new era of innovation and trust in the Private Capital Markets.
Welcome to the new era of Kore—a name you can trust, a brand that stands for innovation.
We are excited to share that our CEO and Co-Founder, Oscar Jofre, participated as a speaker at the Chicago Web3Con, part of the renowned Chicago AI Week, on June 28, 2024. The event brought together leading minds from across the globe to explore the convergence of AI and blockchain technologies and their transformative potential for various industries.
About Chicago AI Week
Chicago AI Week is an annual gathering of experts, innovators, and thought leaders from the fields of artificial intelligence and blockchain. The event aims to foster collaboration, share cutting-edge research, and discuss the latest trends and advancements in these rapidly evolving domains.
The conference offers a comprehensive agenda packed with insightful sessions, panel discussions, and networking opportunities. For more details about the event, visit the official website at this link.
Chicago Web3Con Event Highlights
The Chicago Web3Con, a key highlight of Chicago AI Week, featured a series of compelling sessions covering a wide range of topics within the Web3 and AI landscapes. Here are some of the key discussions from the day:
Transforming Finance with Web3: This session explored the transformative impact of Web3 technologies on the financial industry, discussing advancements in digital assets and financial markets.
Tokenization: The Future of Digital Asset Investment: A deep dive into the concept of tokenizing real-world assets (RWA), examining its benefits, practical applications, and future potential in the investment landscape.
Navigating Regulatory Landscapes in Web3: This discussion focused on the evolving regulatory environment for Web3 technologies, offering insights into compliance and legal considerations.
AI Meets Web3: Enabling Technologies and Services: Experts discussed the synergies between AI and Web3, highlighting enabling technologies and innovative services at the intersection of these fields.
Blockchain for Impact: Climate Change, Democracy, and Financial Inclusion: A thought-provoking session on the role of blockchain in addressing global challenges, including climate change, democratic processes, and financial inclusion.
Women in Web3 Leadership: A panel celebrating the contributions of women leaders in the Web3 space, sharing their experiences and insights on driving innovation and leadership in the industry.
Tokenization: The Future of Digital Asset Investment
Oscar Jofre, Co-Founder and CEO of Kore, was a featured speaker in the session titled “Tokenization: The Future of Digital Asset Investment.” This session delved into the innovative concept of tokenizing real-world assets (RWA) and explored how blockchain technology is revolutionizing digital asset investment. Oscar, alongside other prominent speakers, discussed the practical applications, benefits, and future potential of tokenization in the financial industry.
In his presentation, Oscar emphasized the transformative impact of tokenization on the investment landscape. He highlighted Kore’s pioneering efforts in utilizing AI and blockchain to create a secure, all-in-one platform that manages private companies’ capital market activities and stakeholder communications.
By leveraging these advanced technologies, Kore enables seamless compliance with securities regulations and corporate laws, offering a unified ecosystem for companies to connect with capital markets and secondary markets, including broker-dealers.
Reflecting on his participation, Oscar Jofre shared his enthusiasm about the event:
“The Chicago AI Week is an exceptional event that brings together top thought leaders from around the globe who possess vast experience in the fields of AI and Blockchain. It was an honor to participate as a speaker and share our experiences using AI and Blockchain to tokenize Real World Assets (RWA). The insights and innovations discussed at this event are truly inspiring and pave the way for the future of technology.”
Oscar Jofre, Xiaochen Z. and Florian Huchedé at Chicago AI Week’s Web3Con
Oscar Jofre and Damu Winston
* Images by Purple Photo Group.
About Kore
Founded in 2016, Kore is the first secure, all-in-one platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach and a commitment to compliance with securities regulations and corporate laws, Kore offers a single ecosystem to connect companies to capital markets and secondary markets, including broker-dealers. The platform is leveraged for investor relations and fundraising, enabling private companies to share and manage corporate records and investments efficiently.
Oscar Jofre’s participation in Chicago AI Week’s Web3Con underscores Kore’s leadership in the fintech and blockchain sectors, demonstrating our dedication to pioneering solutions that drive the future of digital asset investment. We look forward to continuing our journey of innovation and excellence in the industry.
Stay tuned for more updates and insights from Kore as we continue to lead the way in AI and blockchain innovation.
For more information about our platform and services, book a call with our experts here.
Venture funding has dropped by more than 50% since 2022; the private market is a viable alternative for entrepreneurs seeking funding in an uncertain VC climate
With the latest happenings in the online banking world, venture capital funding is uncertain for the short term. Yet challenging times are when capital for innovation and development is needed most, leading companies at all stages to evaluate a different alternative for capital: the private market.
Venture capital refers to investments made by venture capital firms, typically in early-stage startups or companies with high growth potential. Private capital, on the other hand, can come from a variety of sources, such as high-net-worth individuals, family offices, or private equity firms. These investments are made in countless industries and stages of development.
Another difference that may lead entrepreneurs to opt for private capital is that, in most cases, venture capital firms take an active role in the management, while private capital investors do not – which allows entrepreneurs to retain control.
Oscar A Jofre, Co-founder and CEO of KoreConX, explains. “Using digital platforms to raise funds from investors through JOBS Act regulations, companies have access to the exemptions from SEC registration such as RegA+, RegCF, RegD, and RegS, reaching a larger pool of investors beyond traditional VCs and private equity firms. These investments can be accessed by anyone, regardless of their net worth or accreditation status, and at any time, 24 hours a day, 365 days a year”. The SEC reports that $4.5T was raised in the private capital markets in 2022, of which the new JOBS Act regulations (RegCF, RegA+, RegD) accounted for $150.9B.
Online capital formation platforms allow greater transparency, giving investors more information about an offering before they commit to investing in a particular business. This allows investors to make more informed decisions and reduces the risks associated with investing. Online platforms also typically charge lower fees than traditional VCs and private equity firms, making it a more cost-effective way to raise funds.
Taken together, these advantages make online capital formation through RegA+, RegCF, RegS, or RegD attractive, viable alternatives to traditional venture capital for companies looking to access a wider pool of investors quickly and efficiently and with greater transparency.
About KoreConX
Founded in 2016, KoreConX is the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach and to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies to the capital markets and now secondary markets. Additionally, investors, broker-dealers, law firms, accountants, and investor acquisition firms, all leverage our eco-system solution.
Oscar A Jofre, CEO and Co-Founder, leads a session on March 23rd with an overview of the technology behind the All-In-One Platform for private capital markets
KoreConX is pleased to announce once again its supporting sponsorship for the LSI Emerging Medtech Summit 2023, which takes place in Dana Point, California, starting next week. This is the first edition of the year, with the mission to connect innovators and investors.
Oscar A Jofre, Co-founder and CEO of KoreConX, is a proud sponsor, supporter, and speaker at the event. “Both KoreConX and Life Science Intelligence (LSI) are innovator’s companies. That is why it is so natural for us to be connected. Companies need to raise capital compliantly to keep the MedTech ecosystem blooming, and we can definitely help. We want to be part of the solution”.
LSI is part of the MedTech ecosystem led by KoreConX. This ecosystem brings experts together to drive innovation while helping MedTech leaders access the community, capital, and insights to enable growth. As an essential part of this vertical, LSI’s team of market researchers, economists, and analysts provide valuable insights and data to help investors and executives make informed decisions.
LSI Emerging Medtech Summit 2023 will occur from March 20th to 23rd, and attendees can participate in person or online. Registration is still open on the website, with limited spots remaining. For the full schedule, speakers, keynotes, and any registrations visit the event website.
About KoreConX
Founded in 2016, KoreConX is the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach and to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies to the capital markets and now secondary markets. Additionally, investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our eco-system solution.
The consolidated educational event held by KoreConX is back in 2023 with daily sessions and a cutting-edge theme to help entrepreneurs excel in the Real Estate business
KoreConX’s KoreSummit | Pocket Sessions For Real Estate, JOBS Act and Liquidity starts on February 27th, with daily sessions until March 3rd. A total of 12 panels will be held throughout the week. Real Estate is one of the sectors that recorded over USD 1 billion in growth investments in 2021, making it a promising sector for the private market along with e-commerce, media and entertainment, and financial services, according to Mordor Investments.
Day One of the KoreSummit starts with Douglas Ruark, President of Regulation D Resources, and Oscar Jofre, CEO and Co-Founder of KoreConX, explaining the future of Real Estate as a business vertical for issuers and investors, and they are joined by Nathaniel Dodson, Principal Attorney of Crowdfunding Lawyers, for the second session of the day, sharing where and how to start in the business.
On Tuesday, 28th, Peter Daneyko, CRO of KoreConX, will host separate sessions about Fractional Ownership and choosing the right Investor Acquisition strategy. Laura Pamatian (Founder of HeightZero), Andrew Corn (CEO of E5A Integrated), and Jillian Bannister (CEO of Ext Marketing), among others, will join the discussion.
Other sessions will include debates about the best regulations to use for each project (RegA+, RegCF, RegD, or RegS), considering accredited and non-accredited investors, what happens when the offerings are live, from an end-to-end perspective, and the possibilities in secondary markets (ATS). The final panel will bring experts on Real Estate to talk about their relevant experience in the business.
Oscar A Jofre stresses how firmly he believes in Real Estate: “It is time to deeply explore and discover how entrepreneurs and investors can profit from the JOBS Act regulations. There is a lot emerging with tokenization and, once again, technology can level the playing field and provide individuals with opportunities. Let’s bring all we’ve got to deliver a great learning experience.”
The event is 100% online and free, with live broadcasting through Airmeet, a platform enabling full participation and a real connection experience between attendees and speakers.
With an innovative approach, KoreConX makes online investing experience better for users and companies.
NEW YORK, January 18, 2023 (Newswire.com) – Investing online is easier, faster, and safer with the new KoreID Mobile App. Launched by KoreConX, this mobile online passport for investments works on iOS and Android and is 100% free. All a user needs is an account on the KoreConX All-In-One Platform and their mobile number to enable the 2-factor authentication.
How it works
All current shareholders will receive an email guiding them to download the KoreID Mobile App. After they download it and log in with their email and password, a 2-factor authentication key will be texted to their mobile phone. They will have immediate in-hand access to their personal dashboard and their whole portfolio, including their individual or company’s pending investments, reports, and updates, allowing them to:
Manage current investments.
Manage pending investments.
Re-Invest in companies when an offering is open.
View company news releases, reports, meetings, messages.
Manage personal information.
“We are continually working to strengthen the trust and compliance infrastructure in private capital markets. This capability forges a new era in shareholder-company relationships, offering both parties the ability to communicate and allowing shareholders to reinvest in companies in a secure and compliant way,” explains Dr. Kiran Garimella, Chief Scientist and Technology Officer at KoreConX.
The KoreID Mobile App is now available in app stores on Jan. 18, 2023. All users must have the 2-factor authentication security feature enabled in order to log in.
About KoreConX
Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants and investor acquisition firms all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.
Education is what sealed this cooperation between the two companies. As the oldest independent advisory firm in the blockchain space to focus strictly on real estate, HeightZero provides education for this area, just like KoreConX does for the private capital markets
NEW YORK, November 17, 2022 (Newswire.com) – KoreConX and HeightZero announce their cooperation to strengthen the Real Estate ecosystem through their shared mission of education. Digitizing the real estate market is an emerging phenomenon worldwide, increasing the already bewildering number of available investment options and concepts. providing many benefits, with one of the most attractive being asset management.
HeightZero, the new KorePartner, provides consultative education and a coveted, full-service resource for real estate companies who want to leverage and monetize Blockchain technology to advance into Web3. They are also a contributing member of the international FIBREE organization, Florida FBBA Real Estate Committee, and the US Government Blockchain Association. Now empowered by KoreConX’s technology and expertise, their global ecosystem of partners are leaders in the space and promote compliance & transparency around the world.
Guiding entrepreneurs through this new landscape in the Real Estate business is a challenge that both companies are happy to tackle. Information and advice are essential, as a company can easily overlook the nuances and complexities of any securities offering in this vertical.
Laura Pamatian, Founder at HeightZero, is thrilled to be part of KoreConX’s team of KorePartners. “Our global ecosystem of partners are pioneers deep in the space. Our alignment with these providers supplies our clients with comprehensive direction, support, and execution of the technology. That means we help people focus their time on what they do best, while we look after all the details. It has always been about educating, teaching, and guiding.”
Oscar Jofre Jr., CEO and co-founder of KoreConX, strongly believes in the Real Estate sector. “A lot of entrepreneurs and companies may find the new lingo in Real Estate to be a challenge, but the truth is there are companies like us and HeightZero to help everyone navigate these waters of Blockchain and Tokenization, and solve liquidity issues.”
Learn more about this partnership and Real Estate Tokenization in the KoreTalkX #15, on Spotify.
About KoreConX
Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants, and investor acquisition firms, all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.
Oscar A. Jofre is currently one of the Top 10 Global Thought Leaders in Equity Crowdfunding and a Top 5 Fintech Influencer. Other names brought to the table include Maureen Murat (Crowdie Advisors, LLC); and Jordan Fishfeld (CFX Markets)
KoreConX CEO and Co-Founder, Oscar A. Jofre is part of a special webinar, hosted by Financial Poise Webinars. “Crowdfunding from the Investor’s Perspective” airs on November 17th, 1:00 PM CST, and is an essential part of the “Crowdfunding 2022” series with co-production by West LegalEdCenter™.
The event is an opportunity to show how raising money online differs from traditional methods of capital raising. It begins with a basic overview of the new regulatory regime, the requirements to invest, and the onboarding process one should expect. Then, the guests dive deeper into the market opportunity, including how to access and select investments, and the expectations investors should set for themselves and the projects they select. This is not intended to support any specific deal selection, but instead sheds light upon the basic selection criteria available, the proper approach to investing, and what to avoid.
This webinar focuses on the kinds of opportunities that crowdfunding makes available to the investor, and how the investor should go about navigating this new world. As Oscar explains, “Crowdfunding creates opportunities for companies and investors. From an investor perspective, it is necessary to understand the possibilities and limitations of this kind of investment to assure a positive experience for all parties involved”.
About KoreConX
Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets, and secondary markets. Investors, broker-dealers, law firms, accountants, and investor acquisition firms leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table, shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital.
About Financial Poise
The primary mission of Financial Poise™ is to provide reliable plain English business, financial, and legal education to individual investors, entrepreneurs, business owners, and executives, and to help trusted advisors do the same. Financial Poise content is created by seasoned, respected experts who are invited to join our Faculty only after being recommended by a current Faculty Member. Our editorial staff then works to make sure all content is easily digestible. Financial Poise is a meritocracy; nobody can “buy” their way into the Financial Poise Faculty.
Limited free spots are still available for audience; KoreConX´s online event brings pocket sessions throughout the last week to show how cannabis entrepreneurs can use Regulation A (RegA+) and Regulation CF (RegCF) to jumpstart businesses.
NEW YORK, October 21, 2022 (Newswire.com) – KoreConX’s KoreSummit | Pocket Sessions Empowering Growth starts next Monday, Oct. 24. Daily one-hour pocket sessions will go on until Friday, Oct. 28, to help entrepreneurs raise money and jumpstart their businesses using RegA+ and RegCF.
The cannabis sector has already been growing steadily for the past few years. According to Grand View Research Institute, market size was valued at USD 13.2 billion in 2021 and USD 16.7 billion in 2022, with a revenue forecast of USD 102.2 billion for 2030, which would represent a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.
“This sector can absolutely raise money as there is plenty of private capital available,” says Oscar Jofre, CEO and co-founder at KoreConX. “This vertical can help turn this market into a mature ecosystem with our KorePartners. We can even show how companies can accept credit cards for their offerings, providing options to complement wire transfer, ACH and crypto payments,” explains Oscar.
The event
Structured in pocket sessions distributed throughout the week, the event is framed as a journey from offering promotions and attracting investors, through to choosing the regulation best tailored to a company, trades in the secondary market and finally arriving at the word from experts in the business. The sessions will go live daily, from 2 PM to 3 PM ET, from Oct. 24 to 28.
Real Estate
In November, the KoreSummit will be back, with a different vertical: Real Estate. This ecosystem requires special attention, as it has many variables and possibilities. Tokenization, securities offerings and stablecoins are some of the innovations that have revolutionized the segment. More information on the agenda, KorePartners and speakers will be out soon.
About KoreConX
Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.
As businesses in the cannabis sector seek ways to expand, KoreConX has been leading initiatives on educating entrepreneurs in this business on how to raise capital compliantly, with low costs
NEW YORK, October 18, 2022 (Newswire.com) – KoreConX CEO Oscar A. Jofre is speaking at two cannabis events in the upcoming days. The focus of his participation will be on the exemptions of the JOBS Act, like Regulation A+ and Regulation CF, which are useful ways for cannabis companies to turn their brand advocates into shareholders.
The first event, Leading Professionals to Teach About Crowdfunding 2022, takes place on Oct. 20 and is part of the Financial Poise Webinars. This webinar addresses crowdfunding portals and intermediaries, with a basic overview of the various methods of crowdfunding, from donation and rewards-based, through intrastate equity, debt, and finally to securities-based crowdfunding under Titles II, III and IV of the JOBS Act. Once those differences are understood, the webinar focuses on the need for intermediaries, the role that they can and sometimes must play, followed by a discussion on how the market has matured and where the market may be going in the online capital space. Oscar will be joined by Maureen Murat (Crowdie Advisors, LLC) and Jordan Fishfeld (CFX Markets).
The second, from Oct. 19-21, is organized by a KorePartner, Arcview Capital. The Arcview Access Cannabis Investment Summit will feature industry experts, investors, and enthusiasts to discuss industry opportunities and how entrepreneurs can scale their businesses. On the 21st, Oscar will be part of the panel Debunking the Myths Around Crowdfunding, with Arcview Capital Managing Director Chris Reece. There, Oscar will discuss the operational aspects that go into getting a raise live and share best practices to put companies on track to a successful raise.
As a thought leader focused on educating entrepreneurs, Oscar A. Jofre is thrilled to be part of these two speaking engagements: “KoreConX has a mission to empower entrepreneurs through private capital markets. The cannabis market has been rapidly changing with growing demands. We can help entrepreneurs fulfill these needs as we will show them how to start this private equity journey in a compliant way.”
Also, next week, from Oct. 24-28, KoreConX will host the KoreSummit – Pocket Sessions | Empowering Growth, with a complete journey for cannabis entrepreneurs. Subscribe and learn more here.
About KoreConX
Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants and investor acquisition firms all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.
Whether these companies are using RegA+, RegCF or RegD, they are now able to accept investments via credit cards from investors using KoreConX All-In-One Platform, without the abusive high fees normally charged from companies in this sector
NEW YORK, October 17, 2022 (Newswire.com) – KoreConX’s innovative approach to the cannabis ecosystem enables companies to raise money by accepting credit cards. It sounds like a simple solution, but it can actually revolutionize how the sector operates. Using the exemptions of Regulation A+, Regulation CF or Regulation D, companies can easily turn their customers and brand advocates into shareholders.
KoreConX has enabled credit card acceptance and escrow providers in their platform, ending the issue of high fees that were traditionally charged from this sector due to a perceived higher risk and lack of nationwide legalization, especially in the USA. Although legal for medicinal and adult recreational use in some states, there are still obstacles that cannabis companies face regarding their capital needs.
Nonetheless, President Joe Biden’s announcement that all federal convictions for simple marijuana possession were to be pardoned is a milestone in the continued growth of the cannabis sector. According to Grand View Research Institute, market size was valued at USD 13.2 billion in 2021 and USD 16.7 billion in 2022, with a revenue forecast of USD 102.2 billion for 2030, which would represent a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.
Secure platform
Companies in the cannabis sector had found it difficult to raise capital in the traditional capital markets, making the private capital market a more viable option. KoreConX All-In-One Platform uses its proprietary solution based on blockchain – the KoreChain – to make transactions and shareholder management safe for investors and entrepreneurs.
“Our Platform can be integrated with the company’s URL, making it user-friendly and reducing the risk of taking users to other websites,” explains Oscar Jofre, CEO and co-founder of KoreConX. The innovation for the cannabis ecosystem is the possibility to make customers into shareholders, by making investing easy. “Our partnership with SecureTranz allows the credit card use, as well as providing options to complement wire transfer, ACH and crypto payments,” explains Oscar.
KoreSummit
In a clear display of support for the sector, KoreConX is putting together a team of specialists in their next KoreSummit – Pocket Sessions | Empowering Growth. Covering topics from the preparations to the offering promotion, and choosing the best regulation, panels with sector experts will be available daily, from Oct. 24 to 28. Learn more on the event website.
About KoreConX
Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.
KoreConX focuses on helping cannabis entrepreneurs to use Regulation A (RegA+) and Regulation CF (RegCF) to jumpstart businesses, including by accepting credit cards. Cannabis Wiki is also part of this new endeavor
KoreConX and Cannabis Wiki are now working closely together to help the cannabis sector grow. Through RegA+ or RegCF, these companies can raise up to $75 million or $5 million respectively every 12 months. Cannabis Wiki and KoreConX will start a series of content products to help educate these entrepreneurs.
The cannabis sector has been growing steadily in the past few years. According to Grand View Research Institute, market size was valued at USD 13.2 billion in 2021 and USD 16.7 billion in 2022, with a revenue forecast of USD 102.2 billion for 2030, which would represent a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.
Derrick Berney, CEO and co-founder of Cannabis Wiki, is excited to see this partnership grow: “No one does what KoreConX does. Their materials, blogs, podcasts, they are really changing the way startups raise capital and the cannabis sector needs it. With their expertise and our years of service to the sector, we are positive we can cause a great effect on the whole ecosystem, create new jobs, expand revenues, and keep everything compliantly done”. Cannabis Wiki has currently over 2 million pageviews/month.
A number of studies show that derivatives from cannabis have been successfully used to treat patients with chronic pain, chemotherapy-induced nausea, and several neurological diseases. As well, Canada and more than two-thirds of the U.S.A. states have legalized its recreational use.
Oscar Jofre, CEO and co-founder of KoreConX, is thrilled to start this new partnership. “Cannabis companies need to raise money, and there is plenty of it, both from accredited and non-accredited investors. We can help educate these companies and they can reach their audiences, their brand advocates, and turn them into shareholders in an easy way”.
About KoreConX
Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual deal rooms for raising capital.
The arrival of Arcview Capital as a new KorePartner opens new possibilities for the promising cannabis sector. Companies raising capital or investors can now rely on technology, market leadership and security to operate in this area
NEW YORK, September 29, 2022 (Newswire.com) – KoreConX unveils a new partnership that connects the technology available inside the KoreConx All-In-One Platform with the broker-dealer expertise provided by Arcview Capital in the cannabis industry.
It is known that President Biden discussed marijuana matters at Labor Day meetings. Some reasons for that may be found among some interesting numbers: according to Cannabis Business Times, annual global cannabis sales will grow from $30 billion in 2021 to $57 billion in 2026, a compound annual growth rate (CAGR) of almost 13%. In the United States, cannabis sales will grow from $25 billion in 2021 to $42 billion in 2026, which will make up 75% of total global cannabis sales.
Oscar Jofre, CEO and co-founder of KoreConX, is excited to see the expanding possibilities: “It is time to take this discussion – and the companies around it – to another level. Whether we are debating medical or adult use, there is a market with great opportunities for investors, entrepreneurs and researchers,” says Oscar Jofre.
Brian MacDonald, Managing Director at Arcview Capital, is thrilled to be part of this new blockchain-based reliable ecosystem as a new KorePartner. “As broker-dealers, it is more than fundamental that we can partner with important players like KoreConX. We share the same beliefs, same market understanding, and we are happy to witness the creation of more jobs, more research, and the empowerment of startups, making our economy stronger and more solid.”
Cannabis companies can use the exemptions from the JOBS Act to raise money using either Regulation A (RegA+), which enables companies to raise up to $75 million every 12 months, or $5 million through Regulation CF (RegCF). This is a special opportunity for this sector, considering that non-accredited investors, such as brand advocates, can become shareholders and partners of companies they support.
About KoreConX
Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital.
About Arcview Capital
Arcview Capital is an independent broker-dealer focused primarily on the ever-evolving cannabis industry. The firm helps companies raise capital while simultaneously providing the opportunity for institutions and individuals to invest into private companies and funds. Arcview Capital is an integral part of The Arcview Group ecosystem. The Arcview Group is an ecosystem of financial and consulting services and has been a trusted global leader for over 12 years. For more information, visit www.arcviewcapital.com.
One of the Top 10 Global Thought Leaders in Equity Crowdfunding, KoreConX CEO and Co-Founder will moderate panel on crowdfunding for medical technologies
[New York City, NY – 23rd September 2022] – Today, Oscar A Jofre, CEO and Co-Founder of KoreConX, will moderate the panel “How The Crowd, VCs & Family Offices Can Join Forces to Fund Breakthrough Medical Technologies”, from 1:10-1:50 pm, in Hertfordshire, United Kingdom.
Oscar will be joined by panelists Joseph McGinley (Founder & CEO, McGinley Orthopedics), Marc Giroux (CEO, Kurve Therapeutics), Peter Kassel (CEO, HealthySole) and Douglas Ruark (President, Regulation D Resources).
“The LSI Emerging Medtech Summit is the best way to put important players closer together in order to fund medical technologies. When we think of innovation, we always think of big pharmaceutical companies investing a lot of money for years to get results, but there are plenty of startups looking for funds, which can definitely be provided from crowdfunding, VCs and family offices, so why not?”, explains Oscar A Jofre, who has been working on educating entrepreneurs on how to raise capital using the exemptions from the JOBS Act, such as Regulation A and Regulation CF.
About KoreConX
Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants, and investor acquisition firms leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital.
About Life Science Intelligence
LSI is a medical technology-focused market intelligence & consulting company that helps medtech executives make informed strategic decisions by better understanding market dynamics, trends, opportunities and the competitive landscape.
With a single click, The KoreID credentials allow the user to be identified by regulated participants, without filling out online investment forms
KoreConX launches today its cutting-edge innovation for online investment: KoreID. With KoreChain, a permission-based blockchain technology, this release changes forever how online investments are made, avoiding the risk of typos and reducing investor frustration from having to fill forms again and again.
The volume of information required from the investors can make filling out an investment application a discouraging chore, which can lead to delays in completing an investment when the needed information isn’t readily at hand, or even abandoning an application entirely. This is what KoreConX refers to as investor fatigue.
To be eligible to display the KoreID icon, companies must show their SEC filings; broker-dealers, their CRD registration; banks and funding portals must be in good standing with FINRA. KoreConX provides the login interface embedded into the web pages that use the All-In-One Platform. When a user transacts from any of these participants in our global ecosystem, they’re actually creating for themselves a KoreID, kept secure in KoreConX’s KoreChain, a permission-based blockchain, and gaining the Passport to online investing.
How it works
Wherever an individual sees the KoreID icon within the compliant KoreConX ecosystem – a company investment website, an SEC-Registered funding platform, a broker-dealer website, a bank – the regulated investment forms can be filled in almost instantaneously. All the information is only provided as needed and as authorized by the individual. The regulated platform will automatically detect that the individual already has a KoreID. As soon as the credential is recognized, it will automatically prompt them to log in using the KoreID.
More investors
Dr. Kiran Garimella, Chief Scientist and Technology Officer of KoreConX All-In-One Platform, is excited to see KoreID live and how it will affect companies and investors, potentially stimulating more people to join the private capital market: “Without the friction and the time wasted in redundant forms, investors will recall their already certified information with a single click. KoreID will motivate individuals to reinvest easily, at first, but also to accelerate new investors coming in. We are finally able to utilize blockchain to manage information and have a positive impact in the capital markets.”
About KoreConX
Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants, and investor acquisition firms leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital.
Oscar A Jofre is currently one of the Top 10 Global Thought Leaders in Equity Crowdfunding and a Top 5 Fintech Influencer. Other names brought to the table include Maureen Murat (Crowdie Advisors, LLC); and Elizabeth Carter; (Elizabeth L. CARTER esq. LLC).
[New York, NY – 21st September 2022] – We are proud to announce that KoreConX CEO and Co-Founder, Oscar A. Jofre is part of another special event, this time, hosted by Financial Poise Webinars. “Crowdfunding from the Start-Up’s Perspective” premiers on September 22nd at 1:00 PM CST, and is an essential part of the “Crowdfunding 2022” series with co-production by West LegalEdCenter™.
The event is a great opportunity to show the difference between raising money online in comparison to traditional methods of capital raising. Also, attendees can learn how new businesses benefit from the tools created by the JOBS Act to access capital and to better understand the different titles available under the JOBS Act.
The discussion will compare the differences between security-based crowdfunding and rewards-based crowdfunding, exploring those instances where each method would be most appropriate. Oscar explains that “crowdfunding is definitely an option that a lot of companies have the potential to explore in several areas. The more we help educate entrepreneurs, the stronger our ecosystems will be, creating jobs, raising capital and empowering people”.
About KoreConX
Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants, and investor acquisition firms leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital.
About Financial Poise
The primary mission of Financial Poise™ is to provide reliable plain English business, financial, and legal education to individual investors, entrepreneurs, business owners, and executives, and to help trusted advisors do the same. Financial Poise content is created by seasoned, respected experts who are invited to join our Faculty only after being recommended by a current Faculty Member. Our editorial staff then works to make sure all content is easily digestible. Financial Poise is a meritocracy; nobody can “buy” their way into the Financial Poise Faculty.
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Media Contacts: KoreConX Rafael Gonçalves rafael@koreconx.com
KoreConX All-In-One Platform helps companies raise capital compliantly using Regulation A and Regulation CF. On FintechTV, CEO and co-founder Oscar Jofre and the whole team of specialists will talk about technology, finances, and entrepreneurship
NEW CITY, N.Y., September 16, 2022 (Newswire.com) – KoreConX and Fintech.TV launch a new content-based collaboration that will enrich the content for viewers. With expertise in the private capital market, the KoreConX team will start airing their content on Monday, Sept. 19, 11 AM EDT to talk about Digital Asset Headlines.
But that is, literally, just the beginning: Oscar Jofre, CEO and co-founder of KoreConX, will be on a weekly basis helping bring educational content on Regulation A (RegA+) and Regulation CF (RegCF) to help entrepreneurs raise up to $75 million every 12 months for their businesses.
“When we put together accredited and non-accredited investors, there are around 4.7 billion people in the world that are able to invest using the regulations derived from the JOBS Act. That is why we believe that education is the only way to help entrepreneurship flourish and keep companies growing,” says Oscar Jofre. Some projections show that the private capital market could reach $30 billion by 2030. This data shows how relevant it is for companies at all stages to learn how to access this capital.
Fintech.TV Co-founder and Head of Programming & News, Troy McGuire, is thrilled to have KoreConX team on air: “We are looking forward to adding their expertise to our programming and to our website. KoreConX has the technology, the expertise, and the right team to bring knowledge to our audience. What they have been doing shows how sharing and educating can have very positive impacts on the economy.”
The live shows will air on the Fintech.TV website. The Fintech.TV team will also co-host some episodes of KoreTalkX, KoreConX’s biweekly podcast on Spotify.
About KoreConX
Since 2016, KoreConX is the first secure All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital.
FINTECH.TV is a global media platform bringing top thought leadership interviews in finance, blockchain, technology, sustainability, impact investing, SDGs, and ESG. With a studio presence at leading international exchanges, including the New York Stock Exchange, NASDAQ, and the London Stock Exchange, FINTECH.TV is distributed globally on their digital and broadcast platform.
New KorePartner, Intro-act connects investors and corporations with artificial intelligence investor targeting & primary research
The private equity ecosystems led by KoreConX have just brought on board a new KorePartner with expertise in artificial intelligence applied to business. Intro-act brings to the table research and technologies that support pre-trade insights and AI-powered analytics for institutional investors, corporate IR professionals, RIAs, VCs, Private Equity, and Family Offices.
The Intro-act team is recognized for their expertise in industries such as cannabis, mobility (electric vehicles and beyond), internet, cloud, and semiconductors. Peter Wright, co-founder and CEO of Intro-act remarks how exciting it is to be connected to KoreConX, as the market is experiencing an explosive growth in private companies. “We are talking about the leading All-in-One Platform assisting private companies manage their capital needs. We have supported a handful of Reg A+ offerings to find their initial institutional capital, and through this partnership, we are going to focus more on commercializing our targeting, awareness building and engagement services to support more private companies to find interested and compatible institutional investors.”
Oscar Jofre Jr., CEO and co-founder of KoreConX, is excited about how AI can improve the efficiency of the capital-raising process. “With AI, you do not need to go after five thousand investors. We can now target two or three hundred potential investors based on their behavior and their profile, with a great level of acceptance and getting business done.”
Artificial intelligence created by Intro-act can identify even smaller, family offices to connect them with startups looking for capital using the Regulations. The machine learning prediction engine targets the most likely institutional buyers and sellers of a stock in 90 days and offers independent research to promote efficiency and transparency throughout the process. The result is converting meetings into investors and improving the ROI on corporate access.
Learn more about this partnership and Intro-act on Spotify.
About KoreConX
Founded in 2016, KoreConX is the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach and to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies to the capital markets and now secondary markets. Additionally, investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our eco-system solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual deal rooms for raising capital.
Oscar Jofre, KoreConX CEO and co-founder, is a confirmed speaker at the Grow Up Conference & Expo, which takes place from September 11 to 13 in Niagara Falls. Oscar is currently one of the Top 10 Global Thought Leaders in Equity Crowdfunding, a Top 5 Fintech Influencer, Top 10 Blockchain and a Top 50 InsureTech, and helps educate entrepreneurs on capital raise
Oscar Jofre will show how cannabis companies can raise capital (up to $ 75 million) to grow their businesses, fully compliant, while staying private, and raise their money from people around the world from accredited, but more importantly, non-accredited investors – their customers, their brand advocates-, those that understand the company and the niche. His presence is confirmed at the upcoming Grow Up Conference & Expo.
KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. Using the exemptions from Regulation A (RegA+) and Regulation CF (RegCF), companies do not need to go public to raise money.
“There are 4.7 billion people in the world that are possible investors. The private capital market is expected to grow to $30 billion by 2030. We are happy to teach entrepreneurs how to do that. We have been producing content and events since 2016, and it is timely that cannabis companies learn how to use this possibility in a compliant way,” says Oscar Jofre.
About KoreConX
Founded in 2016, KoreConX offers the first secure, all-in-one platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital.
About the GrowUp Conference & Expo
The founders and producers of Grow Up Conference and Expo have decades of experience producing national-profile events and creating global connections between business communities in the arts, broadcasting, media and technology. They have organized trade summit initiatives with governments around the world. And they have worked closely with sponsors at all levels of Canadian government.
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Media Contacts: KoreConX
Rafael Gonçalves
rafael@koreconx.com
