KoreConX partners with Broker-Dealer Payment Infrastructure POSConnect #16 September 2019

Capital Markets Platform now features top of market payments and custodial solution

[New York, NY – ] KoreConX announces partnership with POSConnect to provide users with an industry-leading advanced and secure payments and custodial solution. 

The technology will be integrated into KoreConX’s Capital Markets Solution, a robust tool created to assist broker dealers in navigating their regulatory compliance requirements and manage the entire investment process more efficiently.

“Our goal with building the KoreConX Capital Markets solution, was to provide the much needed infrastructure for the private company capital raising process. We wanted to remove friction and fragmentation by bringing the tools necessary to one secure, user friendly platform.” said Oscar Jofre, Co-Founder & CEO of KoreConX. “We are thrilled to be working with POSconnect Inc., a Canadian leader in the Fin-Tech space, that not only provides the best technology but also follows the same governance standards that we do.”

“It is important for us to partner with companies that focus on offering the best solutions, and we believe that KoreConX is one of those. Their easy-to-use platform was created with the end user always in mind, and the same goes for the solutions we offer.” said Jeremy Murray, Vice-President of Business Development at POSconnect.

POSConnect has become part of the KorePartner ecosystem, 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. KoreConX’s KorePartners are from around the globe and bring the necessary expertise that a company will need to launch a fully compliant security token in multiple jurisdictions.

 

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship.  Connecting companies to the capital markets and secondary markets facilitates access to capital and liquidity for private investors.

The private capital markets are burdened by inefficient tools, fragmented processes and high costs. Companies are struggling to manage their business and share crucial data with key stakeholders because they are cobbling together systems such as: email marketing tools for investor relations, online data storage for unstructured deal room services, and Excel for captable management.

KoreConX replaces these unconnected tools with one platform that not only integrates the various functions but also provides blockchain and AI capabilities.  Our all-in-one platform keeps all stakeholders engaged, informed and compliant in the private capital market ecosystem, while removing inefficiencies, duplication and reducing costs.

About POSConnect

POSConnect is a provider of seamless payments technology focused on the needs of emerging and specialty markets. 

By removing technical and functional barriers to both payments’ acceptance and payments management, POSConnect enables our platform customers to focus on driving their business with simple, robust and stable payments and funding options for both receiving and sending. 

Our platform integrates easily with a robust set of APIs’ to enable a truly seamless, end to end payments experience for not only our customers, but your downstream customers as well. 

 

Media Contacts:

KoreConX

Oscar A Jofre

oscar@koreconx.io

 

POSConnect

Jeremy Murray

jmurray@posconnect.com

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