Archives: KoreConX Company News

TORONTO, ON–(Marketwired – May 04, 2016) – KoreConX has been named as one of the finalists for the Benzinga Fintech 2016 Awards, which was created to seek out the most innovative fintech companies around the world, improving the way we create wealth in capital markets.

We garnered over 2,000 votes in the initial round of the competition, and are pleased to be a part of the finals alongside heavy-hitters like OurCrowd, and SyndicateRoom.

KoreConX was selected because of its mandate to make it easier for companies to raise capital online, automating and streamlining the process for compliance and transparency after companies have successfully raise their funds by providing investor relations and cap table management. It’s a free all-in-one solution that helps companies navigate the process of raising equity capital, and simplifies shareholder communications to reduce risk.

KoreConX President and CEO, Oscar Jofre, is a Top 100 Global Fintech Influencer and Top 100 Global Thought Leader on Equity Crowdfunding, and a frequent speaker on the topics globally, as well as published author in the world’s first crowdsourced fintech book. Alongside co-founder and CFO Jason Futko, he started KoreConX with the idea in mind of creating a unified, centralized online ecosystem comprising all the tools and experts companies need to raise money.

“Fintech, is a very exciting sector that has 5 segments (banking, private equity, capital markets, legal, insurance, regulations) that are disrupting the institutional pillars of each of these segments. Alternative finance especially, has been fragmented in the past, and we launched the KoreConX solution to tie it all together,” said Jofre. “The fintech sector, in order to realize the exponential growth it could experience, needs a platform like KoreConX to bring all segments together.”

Why Companies Need KoreConX

The integrated tools and services platform, available at www.koreconx.com, saves companies time and helps reduce legal fees by having all the required corporate documents proactively organized, while allowing organizations to efficiently manage corporate records. KoreConX makes onboarding and dealflow screening for equity crowdfunding portals much easier while ensuring issuers are prepared for due diligence, reporting regularly and managing shareholders properly.

Why Equity Portals Need KoreConX

Portals are responsible for conducting due diligence on each company that wants to list on their portal. Doing this to the highest standards is where they get the edge and the reputation they need to succeed. This is a major undertaking, and time consuming when companies come unprepared and in large numbers. Portals serve the company and the investor, and protect the best interests of both with good due diligence. The investor will remain with the portal long after the company has raised its money, therefore the portal operators want to make sure their investors are being well taken care of by the companies they have just helped in raising their capital. We help save equity crowdfunding portals time, increase deal flow, and make regulatory compliance easy.

Press Assets and Product Images: https://bit.ly/20gExC7

About KoreConX

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 eco-system 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 at www.koreconx.com.

TORONTO, ON–(Marketwired – April 21, 2016) – The FundIt Crowdfunding Compliance, Marketing, and Technology Conference is taking a deep-dive into how to stay compliant and succeed in a technology-driven securities business, and KoreConX is excited to be a sponsor.

Industry experts from across the US will gather in Las Vegas on April 26-27 to discuss RegA, Title III & IV, and compliance, technology, and marketing. KoreConX President and CEO Oscar Jofre will speak at the event on both days. He’ll be joined by KoreConX advisors Kim Wales and Dr. Richard Swart, as well as speakers from KoreConX partners, Peer Elevate, CrowdCheck, and iDisclose.

The FundIt event is for those who are going to launch, or are already operating, an equity crowdfunding portal under the JOBSAct Title III or Title IV. Raising awareness of new compliance concerns is a primary goal of the conference, and something that KoreConX takes to heart. Ignorance of what the new rules require isn’t an excuse, and securities experts such as those gathering for the event need to lead the charge in making the requirements clear, which is why the FundIt Conference is so necessary as we await the implementation of Title III.

“This event is very timely to the equity crowdfunding sector. We are now moving into the operational phase of equity crowdfunding, which requires understanding of compliance, transparency, and how technology helps to support this change. Scott Purcell has put together a great timely event for this key sector to come together and prepare for the upcoming launch of Title III,” said KoreConX President and CEO Oscar Jofre.

For more information on the event, click here.

To learn more about KoreConX, click here.

About KoreConX

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 eco-system 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 at www.koreconx.com.

TORONTO, ON–(Marketwired – March 22, 2016) – KoreConX is excited to sponsor the AltFi Europe Summit 2016, bringing together Europe’s market leading platforms and fintech influencers to discuss the inner workings of alternative finance today in London.

The event brings together experts from Funding Circle, Lend Invest, the European Commission, UK Crowdfunding Association, Crowdcube, AltFi, OurCrowd, Seedrs, and SyndicateRoom, as well as other influencers from across the alternative finance landscape. The event focuses on sub-sectors such as marketplace lending, equity crowdfunding, trade finance, direct lending and more.

“Alternative finance has taken off in Europe in recent years, and equity crowdfunding is especially evolved in the UK. As an equity crowdfunding supporter and educator, I’m so happy to have the opportunity to be here supporting AltFi, and representing KoreConX,” said Oscar Jofre, President and CEO of KoreConX.

2015 was a big year for alternative finance in the UK and throughout Europe. According to the Cambridge Centre for Alternative Finance, the alternative finance market grew to £3.2B in 2015 in the UK alone, indicating big things to come for less mature markets, as well as continued growth.

Jofre will be present at the event to showcase KoreConX, an online tool that makes it easier for companies to access capital through equity crowdfunding, and to manage and communicate with their shareholders.

About KoreConX

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 at www.koreconx.com.

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.

About KoreConX

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.