Invoport is a new startup aiming to support fund administrators and managers with their administrative work and investors with real-time fund reporting. Founder and CEO Mohammad Arrab tells us.
“Our platform automatically eliminates a large burden of manual work for fund administrators and managers, freeing up time so that they can focus on their big goals,” explains Mohammad Arrab, founder and CEO of the fintech.
Investors also benefit from the solution as it enables them to “connect to the web portal and get real-time fund reporting and get access to all the reports the fund manager has shared with them.”
According to the CEO, the platform differentiates itself from others by its use of “up-to-date technology”, competitive pricing and the fintech’s close relationship with its clients. Today the platform counts 11 funds, 62 investors and €100M commitments.
In addition to a limited number of free hours clients can use to migrate and implement Invoport’s platform, the fintech also offers a free trial of up to 3 months for all of its four subscription plans.
Receiving up to €50K in grant money from the ministry of economy for its performance in CATAPULT Kickstarter, the fintech plans to use this amount to “accelerate its go-to-market strategy and further develop its platform.”