Based on research and not influenced
This is based on rigorous research, testing and not influenced by our earning potentials.

GetEquity: Right for your Investments?

GetEquity provides you with an opportunity to invest in startups, giving you a chance for a high return during an exit.

Savings and Investing are two major decisions that are difficult to take control of. The investment space usually requires lots of discipline and determination to be able to achieve your objectives, even though the benefits are worth it at the end of the day.

GetEquity is a private security marketplace where you can invest in different startups and also trade digital assets and securities in a safe secured environment.

This environment allows companies to convert their assets into digital forms via tokens and create liquidity for them by linking them together with investors who can invest in these assets. 

GetEquity

GetEquity

Minimum

$10

Rating

 

GetEquity products include Founders, Syndicates, and Community deal rooms where investors are connected with other investors to achieve common goals and objectives.

FOUNDERS EQUITY

This is the ownership that is held by the owner of the Startup company or the team that started the company.

SYNDICATES

A Syndicate deal room allows you to create a great syndicate room with mission-inclined investors who share the same goals with you. It enables you to share investment opportunities with other like-minded investors.

The Syndicate darkroom is characterized by the following :

  • An Administrative control includes managing members where you can add or remove members, making instant reports by doing analyses on user behaviour, and maintaining control in the general system behaviour while promoting good case practices.
  • Operations that allow members to transfer from anywhere, Add interest, membership fees, access levels, and rules of the syndicate.
  • Leverage Coverage: where you can register SPVs when necessary in Nigeria and the US, the Legal coverage also includes Legal back office operations.
  • Extra values that come with your syndicate deal room include; a dashboard to track and monitor your progress, multiple deals in a particular room, rooms for future investment purposes and to receive highly qualified deal flows. The syndicate deal rooms allow up to 20 members in a room and up to 15 assets. However, you can contact the support team for a custom plan.

 

You can also register as a Community. This allows you:

  • Have all your registered community members in one single place
  • Ensures privacy by making sure nobody gets access to the group unless allowed in with the invite-only link
  • You and other members of your community have shared interests and raise the community towards your shared vision
  • Offers rewards to your backings.

PROS

  • GetEquity provides funds for your startup enterprises and companies smoothly.
  • You and other members of the GetEquity community can work together towards your shared vision
    and interest.
  • Get Equity makes blockchain-based equity a reality.
  • GetEquity connects Startup founders with investors who can buy and sell assets via tokens.
  • GetEquity is safe and secure as it uses high-level security as well as a KYC process to verify your identity and prevent cyber attacks and frauds.

 

CONS

  • If the company invested in does not yield returns, the investors cannot recover their initial capital. This is why it is advisable to invest an amount that you can afford to lose
  • It takes a long period of time to get your withdrawals into your linked account as your requests need to be matched to an order to buy.
  • The risks herein are heavy because they invest in startup enterprises which are prone to not yielding
    returns at that early stage.
  • You either win big or you lose completely. There is no in-between in GetEquity.
  • The fees charged on the deal room utilization are much.

 

HOW TO START INVESTING ON GETEQUITY

GetEquity is easy to get. All you have to do is go to your Google Playstore or download it on AppStore for Android and Apple devices respectively.

Install the application on your device, verify your active mail address, upload a selfie (optional), upload a government-issued ID, your proof of address, and link your bank. After which, you fill out the necessary required information and start your investment journey.

FEATURES OF GETEQUITY

  • GetEquity makes blockchain investment a realistic journey in Africa.
  • GetEquity is a private digital market platform where investors can buy and sell securities securely and privately.
  • GetEquity enables companies to digitalize their assets via tokens.
  • The time it takes to start earning returns from your investment is to a large extent dependent on the type of investment contract you purchase on GetEquity.
  • GetEquity can fund all tech-enabled and technology companies/businesses in every sector that run the economy.

GETEQUITY FAQs

HOW SAFE IS THE GETEQUITY PLATFORM?

It is secured because they use high-level encryptions to keep the platform safe and prevent cyber fraud and attacks. GetEquity also updates its security measures to keep client information safe and secure.

IS GETEQUITY A STOCK PLATFORM?

This platform does not deal with publicly funded companies but instead deals with early-stage enterprises than those listed on the Stock Exchange market.

IS GETEQUITY A LICENSED PLATFORM?

It operates as a fully registered syndicate by the CAC. However, measures are being put in place to get the right license type. Currently, Get-Equity operates as a group of investors or syndicates who pool funds together to invest in companies/enterprises.

WHAT FEES DOES GETEQUITY CHARGES?

GetEquity charges startup enterprises who are looking to raise funds on the platform. Some restricted features need to be unlocked by paying some fees and a considerable amount is also charged for trading (investing) on the platform.

HOW MUCH FEES DOES GETEQUITY CHARGE LISTED STARTUPS?

When a company crowdfunds, GetEquity charges a 4% transaction fee to successfully raise the amount to be listed. However, for companies that raise funds through the deal rooms, a $50 monthly or $500 subscription fee per annum (for 1-20 members deal room)

WHICH COUNTRY CAN YOU MAKE USE OF THE GETEQUITY APP?

You can download and get access to the app anywhere in the world, however, only companies in Africa can get access to the opportunities listed currently.

WHAT IS THE MINIMUM AMOUNT TO INVEST?

The minimum amount to invest in GetEquity is $10

WHY DO I HAVE TWO WALLETS ON THE APP?

There are two wallets on the app, the Trading wallet, and the Cash wallet. The Trading wallet is where your money enters when you fund your account. You can buy your tokens from the Trading wallet. While the Cash wallet is where your funds are paid after you make a trade and sell tokens.

HOW CAN I FUND MY WALLET?

You can go to your homepage. At the top of the page, click on ‘Add to wallet’ in the same box as the Trading wallet. You can choose to fund in your preferred currency or via other Fintech Apps, after which you can also choose whether to fund with your debit/credit cards from Nigeria or International cards via Paypal using the Flutterwave channel.

CAN I FUND MY WALLET WITH AN INTERNATIONAL ACCOUNT?

Yes. You can fund your wallet with an international card by using the Flutterwave channel on the web and mobile applications to fund your wallet.

HOW CAN I VERIFY MY INTERNATIONAL ACCOUNT ON GETEQUITY?

This feature is currently NOT available, however, measures are being put in place to ensure this possibility.

HOW CAN I WITHDRAW FROM MY ACCOUNT?

Go to your homepage and click on the ‘Withdraw cash’ in the same box with Cash wallet at the top of the page. You will be directed to the page which asks whether you want the cash withdrawn to your Trading wallet or your linked bank account.

WHEN CAN I WITHDRAW?

After you link and verify your account, bought, and traded a token, you can decide to sell your token and withdraw your funds, however, this process takes some time as your request to sell needs to be matched with an offer to buy.

WHAT DOES A COMPANY BENEFIT FROM GET-EQUITY?

A company that is registered with GetEquity can get funds to run its company operations

WHAT IS A DEALROOM ?

A DEAL ROOM is a well-designed solution specifically for both structured and unstructured syndicates, firms, large enterprises, founders, etc, whose common goal is to organize, arrange and manage funds, portfolios, and deals they run/operate.

WHEN CAN I APPLY FOR A DEALROOM?

Anybody who participates in start-up company investments can get a DEAL ROOM application. Such as angel investors, start-up founders, venture capital scouts, etc.

You can also open a DEAL ROOM for your own company. All you need to do is click on ‘create company account’ upload the necessary documents, verify your KYC, and get started.

HOW MUCH FEES IS CHARGED FOR USING A DEALROOM?

Early-stage or start-up companies pay $500 annually or 4% of the total amount raised on the platform. Syndicates pay between $1000-$5000 annually or even more depending on the deal room configuration.

WHAT ARE THE COMPANY REQUIREMENTS TO GET LISTED ON GET-EQUITY?

You need the following to get listed as a company on Get-Equity; Association of Memorandum, Certificate of Incorporation, Identity documents from the Founder, Pitch deck, CAC, and other required documents.

HOW CAN I CONTACT GET-EQUITY?

You can contact GetEquity by reaching out to the customer support team at [email protected] or call on 012298432 or Chat with them on the ‘LiveChat’ feature on the application.

 

GetEquity is for all types of investors, institutional or retail, right from new investors to experts.

Though it is risk-intensive as the startup to invest your funds in could either fail or succeed. Because the return when the startup succeeds through an exit (bought by a bigger company, external financing or got listed on a stock exchange) could be high,  it is a good option to diversify your investment portfolio but only invest funds you can afford to lose.

Halimah Idris
You are the first in our research hence, we rallies around doing rigorous checks, testing and analysis to help you make a good decision on products and services. Meanwhile, items providers' final views are superior to ours.
0 0 votes
What do you think?
Subscribe
Notify of

0 Feedback
Inline Feedbacks
View all comments