NaroIQ provides a fund infrastructure that allows companies to create customized ETFs and money market funds without the operational and regulatory complexities typically associated with fund management. This solution enables businesses to capture a larger share of the fund market while offering lower fees and tailored investment products to their clients.
Funding
$2.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LFFounders
Product
Problem
Financial platforms face operational and regulatory hurdles when creating customized Exchange Traded Funds (ETFs) and money market funds, limiting their ability to offer tailored investment products. Traditional fund management involves complexities that can be a barrier to entry and reduce potential earnings.
Solution
NaroIQ provides a fund infrastructure that enables companies to create customized ETFs, index funds, and money market funds without the typical operational and regulatory burdens. This infrastructure allows financial platforms to offer innovative capital allocation solutions, eliminating reliance on generic approaches. By using NaroIQ, businesses can capture a larger share of the fund market, resulting in lower fees, higher interest, and more suitable products for end-users. The modular, accessible, and seamless integration of NaroIQ Funds promotes increased product engagement and unlocks a strong AuM-based revenue stream.
Target Audience
NaroIQ targets investment platforms, financial services, wealth solutions providers, robo-advisors, digital brokers, banks, e-money institutes, cash management platforms, credit platforms, finance apps, insurance providers, employee platforms, crypto companies, and other businesses looking to offer customized fund products.
Features
- Modular fund infrastructure for ETFs, index funds, and money market funds
- Streamlined integration into existing financial platforms
- Customizable fund products tailored to specific investment strategies
- Automated regulatory compliance and reporting
- Daily-flexible capital storage with reduced counterparty risk
- Technology-driven infrastructure for efficient fund management