Author: Rodney Reisdorf

Investment Commitment Challenges Conquered

Posted on | by Rodney Reisdorf

Does your process for managing commitments with your investors include multiple phone calls, disjointed documentation, manual processes, follow-up, and uncertainty…all to end up with a static spreadsheet of investment commitments?

Ditch the spreadsheets and manual effort with managing investment commitments.

Read on to see how Verivend provides a seamless process for investment sponsors to manage commitment requests, and a frictionless experience for investors to confirm and fund their investments.

Millions Moved from SVB to Verivend

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Why have SVB clients moved millions to Verivend in the last few days?

Verivend was created as a secure payment platform for investment sponsors to automate their capital call funding and distribution payments, and in the past few days we’ve seen customers move not only their funds, but their deposits, to their Verivend digital wallets in order to ensure continued access to their operating capital.

Why GPs and fund managers are moving their capital to Verivend:

  1. Resiliency. The capital you keep in your digital wallet is backed by Verivend’s proprietary network of multiple banking partners. In uncertain times, systemic risk is decreased through the diversification of assets between these partners. This also gives Verivend the ability to mitigate risk in real-time if individual banks are negatively impacted.

  2. Access. Funds in your digital wallet can be transferred instantly to investment targets, LPs, vendors, or employees with real-time reconciliation. GPs and LPs have access to Verivend 24x7x365 with both live and online support provided to our customers. In a recent survey of investors using Verivend, 84% didn’t even require live support, and those that did gave their customer support experience a 100% satisfaction rating.

  3. Automation. Verivend is the only payment-first fund administration platform, creating automation and new cost savings for investment sponsors. We have streamlined the account opening process allowing our customers to open Verivend accounts with a few simple clicks. Customers are guided through the KYC process and once onboarded, are able to raise and transfer money immediately and instantly.

Verivend is experienced and well-positioned to support and secure venture, angel, and private equity investments, with hundreds of millions of dollars flawlessly moved over tens of thousands of transactions between general partners, limited partners and investors, and their administrators.

Verivend’s payment-first fund administration platform eliminates the effort, pain, and security risks for investment sponsors and their investors and allows the raising and deployment of funding in a secure, transparent environment.

Getting started with Verivend is completed in a matter of minutes with an efficient, electronic, and integrated account opening process and investment sponsors can start moving money through Verivend after completing a same-day KYC process.

Unlock more security for your funding and operating capital by scheduling your demo today at https://verivend.com/demo

Enhance Your Investor Experience

Posted on | by Rodney Reisdorf | Leave a Comment on Enhance Your Investor Experience

The need for strong LP relationships is at an all-time high, and in order for firms to successfully fundraise and exceed investor expectations, they must think about improving their overall investor experience.

Competition for investor dollars is fierce in today’s macro environment. Are you providing an investor experience that’s excellent or one that’s just the status quo?

Read on to see how Verivend transforms the status quo of investor experience and provides your firm with greater efficiency, security, and transparency that will keep your LPs engaged and returning to participate in investment opportunities with your firm.

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Sending 60 Distribution Payments in 60 Seconds

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Eliminate the Pain of Distribution Payments with Verivend.

Sending and receiving Distribution Payments is a painful process for both Investment sponsors and their Investors…but it doesn’t have to be.

See how easy it is to send 60 distribution payments in just 60 seconds with Verivend.

  • Save Time
  • Eliminate Errors
  • Reduce Manual Effort
  • Increase Transaction Security
  • Improve Your Investor Experience

Learn more and schedule a demo today at verivend.com/demo

Distribution Payments Are No Longer Painful

Posted on | by Rodney Reisdorf | Leave a Comment on Distribution Payments Are No Longer Painful

Sending and receiving Distribution Payments is a painful process for both Investment sponsors and their Investors.

Investment Sponsors need to collect, store, and maintain sensitive bank account information for each investor and have no ability to monitor the payment once distributions are sent. The current process is time consuming and creates unnecessary security risks.

Read on to see how Verivend eliminates the pain by saving time, eliminating errors, reducing manual effort, increasing the security of transactions, and improving your overall investor experience.

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Transact with Safety & Security with Verivend

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Investors are a major and increasingly popular target for cybercriminals…

Are You Protected?

See how Verivend’s state-of-the-art platform provides the most sophisticated and secure way for GPs and LPs to transact with:

  • SSL-Secured Data
  • Multi-Level Encryption
  • Multi-Factor Authentication
  • Passcode-Protected Distributions
  • Never Needing to Store Sensitive Bank Info Again

Learn more and schedule a demo today at verivend.com/demo

Increase Your Transaction Security

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Would your investors be able to spot a fake capital call notice?

Did you know that the average amount defrauded from investors is $809,000 per capital call scam?

How much are safer and more secure transactions worth?

Are you and your investors protected…?

Read on to see how Verivend increases transaction safety and security for both Investment Sponsors and their Investors.

Capital Call Problems Solved

Posted on | by Rodney Reisdorf | Leave a Comment on Capital Call Problems Solved

Creating, verifying, sending, managing, and reconciling Capital Calls is a painful problem for Private Equity, Venture Capital, and all types of Investment Sponsors.

The current process of wastes time, requires manual effort and imposes unnecessary risks for both Investment Sponsors and their Investors.

Read on to see how Verivend solves capital call problems by saving time, eliminating errors, reducing manual effort, increasing the security of transactions, and improving your overall investor experience.

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Sending 60 Capital Calls in 60 Seconds

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Capital Call Problems are Solved with Verivend.

Are you tired of dealing with the time-consuming, error-creating process of manually sending and reconciling capital calls?

See how easy it is to send 60 capital calls in just 60 seconds with Verivend.

  • Save Time
  • Eliminate Errors
  • Reduce Manual Effort
  • Increase Transaction Security
  • Improve Your Investor Experience

Learn more and schedule a demo today at verivend.com/demo