Eko

About Eko

Eko provides an end-to-end "Investments-as-a-Service" solution that allows banks and credit unions to integrate digital investment capabilities directly into their existing platforms without requiring additional development or staffing. This enables financial institutions to offer investment options starting from $10, increasing customer engagement and creating a new revenue stream through a revenue-sharing model.

```xml <problem> Many banks and credit unions struggle to offer accessible investment options to their customers due to the complexities and costs associated with developing and maintaining in-house digital investment platforms. This limits their ability to attract younger clients and generate new revenue streams from investment services. </problem> <solution> Eko provides an "Investments-as-a-Service" platform that enables banks and credit unions to seamlessly integrate digital investment capabilities into their existing digital banking platforms. This allows financial institutions to offer investment options, starting from as little as $10, without requiring extensive development or additional staffing. Eko handles the complexities of investment management, compliance, and customer support, allowing banks and credit unions to focus on their core business while expanding their service offerings and attracting a broader range of investors. The platform increases customer engagement by providing a convenient way to manage investments within the familiar banking environment. </solution> <features> - End-to-end investment platform integrated directly into existing digital banking interfaces - Low investment minimums, starting at $10, to attract a wider range of investors - Automated portfolio creation and management based on user risk profiles - Self-directed investing options for experienced investors - Integration with existing digital banking providers for seamless user experience - Recurring deposit functionality to encourage consistent investment habits - Comprehensive compliance and regulatory support </features> <target_audience> Eko primarily targets banks and credit unions seeking to offer digital investment services to their customers without the need for significant in-house development or expertise. </target_audience> <revenue_model> Eko operates on a revenue-sharing model, allowing banks and credit unions to generate additional non-interest income from investment services offered through the platform. </revenue_model> ```

What does Eko do?

Eko provides an end-to-end "Investments-as-a-Service" solution that allows banks and credit unions to integrate digital investment capabilities directly into their existing platforms without requiring additional development or staffing. This enables financial institutions to offer investment options starting from $10, increasing customer engagement and creating a new revenue stream through a revenue-sharing model.

Where is Eko located?

Eko is based in East New York, United States.

When was Eko founded?

Eko was founded in 2020.

How much funding has Eko raised?

Eko has raised 400000.

Location
East New York, United States
Founded
2020
Funding
400000
Employees
10 employees

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Eko

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Executive Summary

Eko provides an end-to-end "Investments-as-a-Service" solution that allows banks and credit unions to integrate digital investment capabilities directly into their existing platforms without requiring additional development or staffing. This enables financial institutions to offer investment options starting from $10, increasing customer engagement and creating a new revenue stream through a revenue-sharing model.

eko.investments1K+
cb
Crunchbase
Founded 2020East New York, United States

Funding

$

Estimated Funding

$300K+

Team (10+)

No team information available.

Company Description

Problem

Many banks and credit unions struggle to offer accessible investment options to their customers due to the complexities and costs associated with developing and maintaining in-house digital investment platforms. This limits their ability to attract younger clients and generate new revenue streams from investment services.

Solution

Eko provides an "Investments-as-a-Service" platform that enables banks and credit unions to seamlessly integrate digital investment capabilities into their existing digital banking platforms. This allows financial institutions to offer investment options, starting from as little as $10, without requiring extensive development or additional staffing. Eko handles the complexities of investment management, compliance, and customer support, allowing banks and credit unions to focus on their core business while expanding their service offerings and attracting a broader range of investors. The platform increases customer engagement by providing a convenient way to manage investments within the familiar banking environment.

Features

End-to-end investment platform integrated directly into existing digital banking interfaces

Low investment minimums, starting at $10, to attract a wider range of investors

Automated portfolio creation and management based on user risk profiles

Self-directed investing options for experienced investors

Integration with existing digital banking providers for seamless user experience

Recurring deposit functionality to encourage consistent investment habits

Comprehensive compliance and regulatory support

Target Audience

Eko primarily targets banks and credit unions seeking to offer digital investment services to their customers without the need for significant in-house development or expertise.

Revenue Model

Eko operates on a revenue-sharing model, allowing banks and credit unions to generate additional non-interest income from investment services offered through the platform.

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