Audit and Valuation on Blockchain: Before you raise funds Finminity helps you with auditing services. The platform provides valuation services for the firms to get a fair and proper valuation for asking funds with exact dilution percentage which then finalizes the operating structure of the company that will raise funds from the investor from regulatory compliance standpoints. Finminity also helps in getting the disclosures and agreements. The main objective of auditing services is to raise money at the right valuation, Compliant Operating structure which helps you in the long term
Integrated KYC Services: The KYC and AML services are been provided so that the better, fresher, efficient financial due diligence can be done for the company and the investors who provide funding to the company. KYC and AML services include: — KYC and AML Policy Creation, Company KYC Process Setup, Investor KYC, and AML Process setup. The platform partnered with KYC AML Vendor to bring in transparency and efficiency to the verification process. Until a Customer KYC is a Success based on the Risk Classification and Validation Logic enumerated in the document, the Platform will not allow the subscriber/applicant/investor to invest in the Platform. Watertight KYC AML process helps you to be compliant at all times.
Token Engine
Book Building & setting the agreements on Blockchain: After Company details, owner KYC and other compliance checks are done then asset originator works on the book building- number of shares to be given, how much tokens are made, which are to be issued are finalized post that the shares are transferred to the share custodian. Now the tradable securities are tokenized through blockchain.
Structuring Share custodian and onboarding on Blockchain: The shares are transferred to SPV, which holds the shares. Based on SPV. SPV Shares are mapped to Tokens. Post that share custodian defines the characteristics of these tokens and readies the Blockchain-Based Investor Agreement that would be automatically signed. This agreement is made tamper-proof and irrefutable.
MARKET PLACE
Raise Funds: You can use Finminity’s partner Crowdfunding Platform YourVC which has a regulatory license to raise money or you can use the secondary marketplace to sell your private share tokens. The platform allows investors to buy the share tokens directly in their account, and sell them in a marketplace with transaction that is secured by Blockchain based network. Companies who only want to liquidate their shares in a private market or secondary market can also do that without going through the primary route.
The tokens have •Dividend rights •Divesting rights• Shareholder voting rights •Proportionate increase or decrease of the token holdings in relation to changes in the company assets or capital stock.
Investor Services
Here the incremental payment release, shareholder voting, dividend management, secured token wallet, decentralized company rating is done.
Incremental payment release by milestone and shareholder voting: The Platform has milestone-based funding for companies seeking investment from investors. Rather than funding a company upfront, the funds get disbursed based on the achievement of some particular milestones. It will prevent the risk of losing the entire investment if the company fails to scale in value; this form of incremental funding lowers the risk incredibly. Herein, until the company achieves the roadmap it has projected to investors and proves to them that it is funding-worthy, the tranche payment will be held in an ESCROW account.
Dividend Management: Dividends are distributed and paid in any ERC20 coins, including stable coins. Dividends can also be distributed/ paid in Ether. In our case how do we calculate and distribute dividends. We use our internal FMT Tokens for dividend collation and distribution. The company makes profit and allocates dividends for investors, who in our case are token holders. Based on the Tokens held and dividend rights, the amount of dividend is found out for each token holder.
Investor Rating the companies: Community members evaluate each company on different parameters like Business, Tokenomics, Team, Technology, etc., and further rate and vote the companies on each of the sub-areas mentioned above. An overall rating of a company is calculated, which is the average of all the individual investor ratings. This will be used as Compliance criteria as required for Investor Protection.
WE BRIDGE THE CAPITAL GAP FOR EARLY STAGE STARTUPS
THROUGH BLOCKCHAIN POWERED INVESTMENT BANK.
Follow our Medium blog to stay up to date with all of our latest announcements.
Contact :+356 355 05395
