Bank Index
Covercy
E-money or payment institution · United States · overall 4.8 / 10
How this 4.8 is built
Average of 10 scored needs: 4.8. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.
Covercy Inc. is recorded in the global register as an e-money or payment institution in United States. The register shows its licence as licensed. Established 2021. Collected from open registers.
On its own website: “Raise capital, manage investors, automate distributions, and move money — all from one command center purpose-built for real estate GPs.”
- Legal name
- Covercy Inc.
- Licence confirmed
- yes, on a regulator's own list
- Established
- 2021
- LEI
- 254900OOOUY0S632H898
- Website
- www.covercy.com/
Scores, 0 to 10
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Fast digital onboarding
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
6.0Online businesses: e-commerce and SaaS
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Lowest fees
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Fintech companies that need a partner bank
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Startups & VC-backed companies
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.0Cross-border payments, FX and multi-currency accounts
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.0Business cards (Visa, Mastercard)
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
4.0Financial strength & stability
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
3.5Trade, manufacturing & import-export
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
2.0Best interest on business balances
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
Sources
Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.