Meet Neo, your AI-powered Co-GP.
Pay every investor in one click
Process distribution payments to every LP from a single workflow — ACH, domestic wire, international SWIFT, or check. Cross-border, multi-currency, 2FA-secured, and tracked from initiation to settlement.
Every payment method, one batch
Most GPs still toggle between banking portals, spreadsheets, and email to get money out the door. Covercy One consolidates every method into a single workflow: select the distribution, review the summary, and click send. The platform handles routing, compliance, and confirmations automatically — whether you pay 5 LPs or 500.
- ACH, wire, check, and SWIFT in one place
- Domestic and cross-border, multi-currency
- Real-time FX rates with low transfer fees
- Batch processing to every investor at once
- Each LP paid in their preferred method
- Automated routing and compliance checks
Secured, and tracked end to end
Every payment requires two-factor authentication and runs on SOC 2-compliant infrastructure. Investors manage their own bank details in the portal, and see real-time payment status — so the "did my wire arrive?" emails stop.
- 2FA approval on every payment
- Investor self-managed bank accounts
- Real-time status from initiation to settlement
- Full transaction history and audit trail
Send with confidence and control
Approve once, pay everyone, and watch every transaction settle — from one screen, on integrated banking rails.
Integrated banking rails
ACH, wire, SWIFT, and check run inside the platform — no separate bank portal, no re-keying account numbers before every distribution.
2FA on every release
Distribution payments require two-factor approval, with approval workflows and IP whitelisting on SOC 2-compliant infrastructure.
Tracked to settlement
Watch each payment move from initiation to settlement with automated confirmations — and let investors see the same status in their portal.
Part of the Covercy One platform
Payments connect to your banking, accounting, and investor portal.
Banking & Payments
Open fund bank accounts and move capital on integrated, regulated banking rails.
ExploreFund Administration
Institutional-grade NAV, bookkeeping, tax, and K-1s, delivered inside the same platform.
ExploreNeo, your AI Co-GP
The AI layer that drafts investor updates, runs reports, and automates workflows across Covercy One.
ExplorePayment automation questions
- What payment methods does Covercy support for distributions?
- Covercy One supports ACH, domestic and international wire transfers, checks, and SWIFT payments. Each investor can set their preferred payment method, and you can process all payments in a single batch regardless of method.
- How does Covercy handle international distribution payments?
- Covercy One supports cross-border payments with built-in currency conversion using real-time FX rates. SWIFT payments reach investors in most countries, with low transfer fees and full compliance with international payment regulations.
- What security measures protect distribution payments?
- Every payment requires 2FA approval. The platform also supports transaction approval workflows, IP whitelisting, and runs on SOC 2-compliant infrastructure. All payment data is encrypted in transit and at rest.