Company
Covercy is the first real estate syndication platform where banking meets investment management. Save time with our automated distribution & capital call payment processing, gain your LPs’ trust with our intuitive Investor Portal, and generate interest from capital funds held in your Covercy Wallet – all in one platform.
Banking services:
*Covercy is a financial technology company, and is not a bank. Banking services provided by Thread Bank, Member FDIC.
The Covercy Visa Debit Card is issued by Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions on the sweep program.
.
Payment services:
- The Currency Cloud Limited (Non MIFID related products). Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199)
- Covercy Europe Limited. Registered in England No. 675000. Registered Office: 5 Elstree Gate, Elstree Way, Borehamwood, Hertforshire, WD6 1JD, UK
- Covercy Technological Trading Limited. Registered in Israel No. 57797. Registered Office: 3 Ha-Yetsira St, Ramat Gan 5252141.
- For clients based in the European Economic Area, payment services for Covercy Europe Ltd. are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).
- For clients based in the United States, payment services for Covercy Europe Ltd. are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011.
- For clients based in the United Kingdom and rest of the world, payment services (Non MIFID related products) for Covercy Europe Ltd. are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).
All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.
Understanding the Real Estate Stack
GP How-tosAll About The Real Estate Stack In real estate investment, the term “real estate stack” (also known commonly as the “capital stack“) is crucial for understanding how different layers of […]
Syndication Pro vs. Cash Flow Portal
GP How-tosExplore Syndication Pro vs. Cash Flow Portal here, and learn why it’s important to go beyond the deal at hand.
The Importance of Property Software for Investment Managers
GP How-tosDive into key aspects of successful property software, and learn why it’s important for investment managers to streamline operations.
Best Cities for Commercial Real Estate Investing
GP How-tosInvesting in commercial real estate is a time-tested strategy for building wealth and generating passive income. However, not all markets are created equal. Understanding which cities offer the best commercial […]
The Ultimate Guide to Capital Raising Software for Real Estate
GP How-tosIn the modern business landscape, capital raising software has become a crucial tool for entrepreneurs and investors. These platforms streamline the process of securing funding, providing essential tools and analytics […]
How to Maximize Multifamily Syndication Investing Success
GP How-tosLearn what it takes to make multifamily syndication investing successful for your investors and streamlined for your firm.
What is Multifamily Syndication? A Helpful Overview
GP How-tosWondering what multifamily syndication is and how it works? Get the answers you need here, and why platform consolidation is so important to success.
AppFolio vs Yardi Breeze: Look For More Than PropTech
GP How-tosIn the world of commercial real estate management, particularly in the sphere of investment management, the choice of the right property management software can greatly influence the efficiency and success […]
Capital Call vs Distribution: Definition, Process, Timing & More
GP How-tosCapital Call vs Distribution Understanding Two Key Financial Terms in Commercial Real Estate Syndication Investing in commercial real estate through syndications offers a unique opportunity for investors to pool resources […]
Making a Syndication Distribution: Streamlining Payments in Commercial Real Estate
GP How-tosUnderstanding Syndication Distribution In the landscape of commercial real estate (CRE), syndication stands out as a formidable strategy that allows multiple investors to pool their resources for property investments they […]
Pro Rata Allocation: The Simplest CRE Deal Structure
GP How-tosPro rata allocation in commercial real estate investment refers to the method of distributing expenses, income, or ownership shares proportionally among investors based on their respective ownership percentages or interests […]
AI in Commercial Real Estate: Considerations for GPs
GP How-tosLearn some key ways that AI in commercial real estate can make — and already is making — an impact on firm performance.
Understanding Capital Stacks in Commercial Real Estate
GP How-tosWhat is a capital stack? Get a quick rundown of this important aspect of every deal — and how to efficiently manage it.
6 Banking Solutions for Fund Administrators
GP How-tosExplore several banking solutions for fund administrators that help maximize value, profitability, and more. Get started here.
How to Improve Commercial Real Estate Prospectus Management
GP How-tosA commercial real estate prospectus is an important document, but how you manage them is equally as important.