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.
Real Estate K-1 Distribution Software & Automation
GP How-tosCommercial real estate General Partners (GPs) who manage outside investors, syndications, and real estate funds face several common concerns during tax season. They often worry about: Compliance and Accuracy: Ensuring […]
Outdoor Hospitality: The Rise of Glamping
GP How-tosIn recent years, the concept of “glamping” (a portmanteau of “glamorous” and “camping”) has surged in popularity, captivating the interest of enthusiastic campers looking for a more luxurious outdoor hospitality […]
Juniper Square vs. AppFolio Investment Management
GP How-tosJuniper Square vs. AppFolio: Commercial real estate professionals are likely familiar with both brands, but which is the better choice for your firm? Perhaps they’d both work for you or […]
Streamlining Commercial Real Estate Capital and Operating Expenses
GP How-tosManaging commercial real estate capital expenditures and operating expenses can be overwhelming. Learn how to simplify managing these costs.
Simplify Complexity with Automated GP Promote Calculations
GP How-tosGP promote is how you generate long-term revenue for your business. Why risk inaccuracy and inefficiency?
An Update on Multifamily Investment Management
GP How-tosWhile the market still has its challenges, multifamily investment management can be further streamlined to maximize success in 2024.
Understanding Wire Payments in Commercial Real Estate
GP How-tosWire payments in commercial real estate provides numerous advantages over other methods. Learn more here.
Navigate 2024 Commercial Real Estate Planning with Confidence
GP How-tosWith the new year rapidly approaching, now is the time to consider how you can make changes for the better in your commercial real estate planning.
Elevate your Earnings: Expert Strategies for Waterfall Distributions and Deal Structuring Webinar
GP How-tosReal Estate deals can be complicated. Spend time with waterfall distributions expert Gal Miller to learn about 1. The different distribution waterfalls in the market so you can design your […]
Agility Required for Complex Commercial Real Estate Exit Strategies
GP How-tosExecuting complex commercial real estate exit strategies is crucial to success in CRE. Learn how the right management platform can make all the difference.
Office Conversions: Making a Successful Transition
GP How-tosLearn what’s driving office conversions nationwide, and what you’ll need in order to make a conversion effort a lasting success.
Distressed Commercial Real Estate: A Trending Investment Strategy
GP How-tosReasons why distressed commercial real estate is trending: Rising home prices: Home prices have been rising steadily for the past few years, making it difficult for some people to afford […]
Covercy combines Banking and Investment Management for an All-in-One Solution
GP How-tosCovercy’s very own Doron Cohen sat down with The Real Deal to talk about how technology can make life easier for Real Estate Investment Managers. Covercy … a streamlined platform […]
Streamline Land Development in CRE with the Right Tech
GP How-tosLearn how to maximize a new venture into land development in CRE and why the right tools are so important.
Simplify with a Payments Platform for Asset Managers
GP How-tosA payments platform for asset managers is critical for accurate, efficient, and reliable distributions and other transactions in CRE.