AN INVESTMENT & FINTECH TOOL
What we do
Collectvest is an interactive platform that caters specifically for non-traditional asset investment. It provides investors the ability to buy and sell e-units™ – fractional ownership – in appreciating assets that would not normally be found on traditional markets or stock exchanges
How it works
1) Collectvest asset share: This intellectual property-trademarked feature allows for the “break-up” of assets for ownership in the form of e-units, which are backed by e-certificates as tradeable securities. 2) Collectvest price estimator: In order to provide users with a fair and accurate price for their assets, the Collectvest engine generates a predictive price for a future date based on real historical asset data.
Bank Act: Collectvest does not contravene the provisions of the Banks Act. CISC Act: Collectvest needs to comply with the requirements of the CISC Act, since the platform is considered a collective investment scheme and the related regulatory requirements is need to be complied with, particularly registration as a manager with the FSCA. FAIS Act: Collectvest operates as a collective investment scheme in terms of the CISC Act in the context of the platform, it offers a financial product in terms of the FAIS Act which in this regard cross refers to the CISC Act and accordingly Collectvest needs to be registered as an FSP (or under a Juristic rep agreement) with the FSCA and comply with the related regulatory requirements. FIC Act: Collectvest is an “accountable institution” in accordance with the FIC Act and is required to adhere to the compliance obligations relating to identification and verification of Users. (KYC). ECT Act: Collectvest does not contravene the provisions of the ECT Act. CPA: Collectvest is required to comply with the CPA and implement the appropriate measures, controls and policies in order to ensure consumer protection compliance. POPI Act: Collectvest does not contravene the provisions of the POPI Act.
API first Approach
Hubspot, Ozow, Paygenius, Paypal, Slack, Twilio, Transunion, Xero, Amazon Textract
Our Hiring Process
2 interviews. First with operations to ensure company fit. Second with lead developer to ensure coherent environment.
2 testing. First dev related problem to certify skillset. Second non-dev related to establish problem solving ability.