- Full white label funding platform
- Quick time to market: 2-3 weeks
- Installed software + SaaS solution
- Easy to use admin portal
- Can connect to existing website
- Pre-configured investment process
- Know Your Customer (KYC) Checks
- Anti Money Laundering (AML) Checks
- Accredited Investor Verification
- Accepts ACH Transfer, Check, or Wire Transfer
- Send Documents for Electronic Signature
- Download Offering Documents
- Secure Storage of Personal & Confidential Information
Marketplace-as-a-Service fully integrates the capability of TransactAPI as a white label solution. Commonly referred to as a ‘platform in a box’, our MaaS is a quick-to-market solution. Powered by TransactAPI, MaaS incorporates your logo and branding, and can be customized to meet your platform needs. Out of the box, our white-label platforms include the ability to customize all investor-facing information, upload offering documents and materials, and process investments through checks, wire or ACH transfers.
Frequently Asked Questions
How many questions does the user have to answer correctly in order to automatically pass the KYC check?
The user must answer three of the five generated questions correctly in order to automatically pass KYC.
Is there a maximum number of times that I can run KYC/AML checks on the same Party?
Yes. You may only run KYC/AML checks on the same party three times within a 24 hour period.
How can I test KYC/AML in the sandbox or live environment?
To test KYC/AML in the live environment, please contact firstname.lastname@example.org for further instructions.
Is there a maximum dollar amount for an ACH tranfer?
Yes. The maximum dollar amount that can be debited is $100,000.00.
What happens if an ACH fails?
If an ACH transfer fails, the external account will need to be updated and the externalFundMove will need to be initiated again. Fees are charged to the client for each failed ACH transfer in the production environment.
Who is approving the accredited statuses?
As a registered broker dealer, North Capital Private Securities is an authorized third party to approve accreditation statuses. A Registered Principal of NCPS reviews each request and when approved, provides a response via API with an approval status along with a letter from NCPS approving the investor’s accreditation status.
How much does accreditation verification cost?
NCPS charges $25 per check.