Fintech platform for startups

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Back-end
Front-end
EquityX is an online platform for startups to interact with specialists, built on a model of network collaboration, crowdsourcing, and venture capital financing. With EquityX, IT startup projects can receive expert services in exchange for a part of the company's future capital by issuing branded tokens.

Background

EquityX entered the market in 2016 using a business accelerator and immediately attracted the attention of seed investors. In 2017, the company's management announced a partnership with ourCrowd, a crowdfunding platform for accredited investors, to pool capital and increase market activity.
Location
Tel Aviv-Yafo, Israel
Period
January 2016 - December 2016
Tech stack
Ruby On Rails, Redis
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Customer Request

Author icon
Hello, we are a fintech company that attracts experts to startups for business tokens. Now we are actively engaged in creating a platform for interaction between entrepreneurs and performers. We need help in preparing an MVP platform with a landing page for user registration. Our mutual friends recommended to contact you.
Author icon
From now on, you are in good hands. For the correct construction of processes, we need to look at the technical specification to assess the desired functionality and marketing objectives of the platform. We will provide you with a fully detailed document with recommendations for technologies and estimates.

Challenges & Solutions

Challenges

Creation of a single communication channel to attract users

To create a one-page website, which would simultaneously be both a marketing tool for presenting the platform of new startup owners and experts interested in obtaining capital for a new project as a payment currency for work.

Development of a user registration form considering their business area

To create a registration form that would consider who the user is: the owner of a startup or an expert in development. Such form should be as terse as possible, considering the peculiarities of the direction of the platform's work.

Setting up a cross-system for searching experts from all users registered in the system

More flexible system of selecting target specialists by skills and specialization was required. To this end, a filtering system was developed to send an invitation to participate in the customer's development and startup.

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Solutions

Creating a landing page with a built-in registration form on the platform

Since implementing the MVP of the landing page EquityX owners have been able to attract startups at the early stages of development to work on the platform on preferential terms which made it possible to bring the project to market quickly.

Development of the registration user interface considering the purposes of using the platform

We prepared a registration form with a separate algorithm for filling in data for startups and performers. It separate users at the registration stage for more personalized moderation and to provide the advantages of the platform.

Implementation of cross-system of user filtering

We created a cross-system of filtering experts based on skills and reputation for more flexible recruitment of specialists to projects. It increase the efficiency of accepting equity offers and involve more managers, investors of startups.

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project facts

2.25M
in investments raised using business accelerators
2
top international investors took part in the project
193
startups attracted performers via the platform
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main features

Creation of the equity, internal mutual calculation system

For the stability of the platform, it was required to create a unified calculation system that would consider the conditions for financing startups, their potential capital investments, and the interest of the performers in the capital of a growing project. So, founders and employees were attracted to startups at the expense of received rewards from the benefits of other startups funded by the same investors. It created a constant demand and activity of platform users. As a result, such giants of the market as OurCroud, ExCeed, Weebo, TechSee, FlyMoney, and other representatives of the accelerator market were attracted to participate in EquityX.

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