Wednesday, 1 June 2016

Crowd Valley e-Residency program

Crowd Valley, the digital back office provider for online private securities platforms, announces its collaboration with the Estonian e-Residency program. Crowd Valley will develop and extend its offerings through its work with e-Residency, a secure digital identity platform. The integration allows those with Estonian e-Residency’s secure digital ID to quickly and securely authenticate themselves or digitally sign in the private securities platforms supported by Crowd Valley.

“Estonian e-Residency enables the development of a truly new and digital customer experience, one in which users can be identified and known digitally, no matter where in the world they’re located. E-Residency is helping to create fully digital financial services and Estonia is a pathfinder in the digital sphere,” says Markus Lampinen, the CEO of Crowd Valley.

E-Residency is a transnational digital identity offered by the Republic of Estonia. E-Residency enables everyone, everywhere to securely identify him or herself online, open and run a location independent business, and take advantage of a marketplace of services specifically for e-residents. E-residents receive a smart ID card which provides digital identification and authentication to secure services, digital signing of documents, digital verification of document authenticity and document encryption. Combined with the digital infrastructure that Crowd Valley provides its clients, online platforms can now seamlessly transact in digital finance marketplaces in a purely online fashion.

Crowd Valley clients get a suite of services that helps them keep as much of their value chain as possible totally digital. Diligence (KYC/AML verification), business/investment entity registration, ongoing reporting and monitoring, and official filings are all easier, more seamless, and digital for Crowd Valley users.

“e-Residency is like an app store or a marketplace for e-services. It gets more useful with every new partnership. We are thrilled to see its applications in the growing global fintech market and to develop new models together with companies like Crowd Valley,” said Kaspar Korjus, head of Estonia’s e-Residency team.