GetEquity is a platform for unlocking a world of alternative private fund investment opportunities spanning a wide array of asset classes. GetEquity provides a marketplace for sophisticated investors to engage in diverse investment opportunities offering minimal market dependence and potential returns.
What investment opportunities are available on GetEquity?
Real estate
Eurobonds
Money market funds
Dollar investments
Private equity deals
What’s the minimum amount of money I can invest with GetEquity?
Each investment opportunity on GetEquity is unique and comes with its own minimum investment amount. This can range from as low as $10 to hundreds of dollars, depending on the specific company, deal structure, and fundraising goals.
Who can invest with GetEquity?
Both investors in Africa and those in the diaspora
How does GetEquity work?
Download the App on either AppStore or PlayStore
Complete the KYC process
Fund your wallet
Start Investing in any asset class.
How can I stay updated on new investment opportunities on GetEquity?
To stay informed about new investment opportunities, we recommend subscribing to our newsletter or following our social media pages.
How long does withdrawal take?
For local transactions, withdrawals take 1-2 business days and for international transactions, withdrawals take 3-5 business days to process.
How can my investments be sold?
In order to sell your tokens on the secondary market, there has to be an available party willing to buy them.
In this article, we will be breaking down the definition of return on investment as it pertains to startups and how it relates to GetEquity.
If you are yet to read our previous articles on sign up and KYC process, funding your wallet and buying tokens, catch up here
Let’s get started.
What is a return on investment(ROI)?
Return on Investment is when you gain a certain amount of interest/profits on an investment made in either a company, stocks, or even in the case of loans.
This is derived by calculating the difference between the initial investment and the current value of the investment.
How does it relate to startups?
As mentioned in some of our previous articles, startup investing involves putting down capital, in exchange for equity — a portion of ownership in the startup and rights to its potential future profits.
Investing in startup companies is a very risky business, but it can be very rewarding if and when the investments do pay off. The majority of new companies or products simply do not make it, so the risk of losing one’s entire investment is a real possibility. The ones that do make it, however, can produce very high returns on investment.
Let’s say, for example, Chris invests $30,000 in company Z whose value is $3,000,000 in return for 10% equity in the company.
If the value of company Z rises to $9,000,000, it means that the 10% shares Chris owns are now valued at $90,000. This further translates to a x3 increase of the initial capital invested and an interest of $60,000 gained.
At this point, Chris can choose to sell his shares(which can be done via the secondary market on GetEquity if there’s a matching buyer) and receive his capital and possible interest or he can hold his shares and hope for a higher value in the future when the company exits by being acquired or go public or raise a significant investment.
However, what if company Z’s value doesn’t rise and eventually shuts down, this means that the initial $30,000 Chris invested will be lost.
How does this work with GetEquity?
Similar to the example given above. ROIs on GetEquity work in a similar way.
As explained in this article, GetEquity operates as a digital syndicate and invests in the startups we list. We then digitize the equity received into tokens so they are easily accessible by angel investors like you on our system.
For example, Micheal invests $1000 in company Z who is raising $10,000 in return for 10% equity. Company Z’s valuation as at its raise on GetEquity is $1,000,000.
If Company Z’s value rises in a few months to $5,000,000. It means the value of the investment has risen to a x5 increase — $50,0000.
Therefore, the $1000 worth of tokens Michael bought has now received a x5 increase and is now valued at $5000.
If GetEquity exits company Z at this new valuation, all investors in company Z would have made a return on their investment which will be liquidated and funds converted to their cash wallet which can be withdrawn.
Permit me to reiterate at this point: there is a possibility that you can lose your investment as companies fail and investments are not recovered. Only invest money you are willing to lose.
You can reach us for any questions at support@getequity.io and if you also encounter any issues along the way, we are here to help.
In this article, we will be breaking down the process around funding your wallet
In order to fund your wallet, all your KYC documents must have been uploaded by you and verified by our verification team.
For a review on what we ask, please refer to the first article in the series here.
You can get started with the process from two different sections from your app. You can click on the “Fund your wallet” directly on the overview page or you can navigate to the wallet page and select “Fund your wallet” as seen in the images below.
There are two different ways you can fund your wallet on GetEquity. You can choose to fund with:
Preferred Currency (any currency currently available on the platform like naira, dollar, etc) through a bank transfer or a debit card.
Fintech Wallets (like ThePeer which connects different Fintech apps together eg. Paga to Eversend, Eversend to GetEquity)
Funding With Preferred Currency
This funding option means you can fund your wallet in multiple currencies available on the GetEquity platform.
Step 1: Select the “Fund your wallet” option as seen in the image above
Step 2: Select the currency in which you would like to fund from the dropdown. Depending on the currency chosen, you might be prompted further to choose a method of funding either through a debit/credit card, wire transfer to a virtual account, mobile money etc
Step 3: Input the amount you are looking to fund in dollars. The equivalent amount in the currency chosen in step 2 will be displayed on the page alongside the conversion rate.
Step 4: Select the method in which you want to pay either through a debit card or bank transfer. Depending on the currency chosen, not all methods will be available once you get to this stage.
Step 5: Confirm your transaction details inclusive of amount chosen and transaction fees attached and select “Confirm Transaction” at the bottom of the page in order to fund using the Flutterwave payment gateway
From this point, you will be navigated to the flutterwave payment gateway where you would fill in any required details dependent on your method of funding. For example, card details, mobile money details etc
Funding with Fintech Apps
You can also fund your wallet with fintech apps like The Peer which is currently LIVE on the platform. With The Peer, you can fund your wallet from any other business/fintech wallet currently available on the gateway.
Please note payments with the Peer only exist for naira or dollar currencies. Once you select either of these currencies, it takes you to the next step below:
Step 1: Input the amount you are looking to fund in dollars or naira
Step 2: Select the “Fund with Fintech wallets” option as seen in the image below
Step 3: Confirm your transaction details inclusive of amounts chosen and transaction fees attached and select “Confirm Transaction” at the bottom of the page in order to fund.
Step 4: Select the fintech wallet you intend to fund from.
From this point you will be navigated to the Thepeer payment gateway where you would fill in any required details.
You can reach us at support@getequity.io if you encounter any issues along the way.
Our next article covers the process around purchasing tokens on GetEquity and what these tokens mean and how you hold this Equity.
This article is the first part of the ‘Using GetEquity’ series where we break down the process of setting up your profile, making your first investment and understanding what your investment means.
In this article, we will be breaking down the signup and KYC process.
Step 1: Download the mobile app from either the Google Playstore or IOS Store or navigate to the web app on any browser here or simply search for GetEquity
Step 2: Get started on creating an account by filling in your preferred email and password. Please ensure the email is active as you will be required to confirm it using a 4-digit PIN later that only you should ever know for your safety. Also, confirm your password and select “Continue”
Step 3: Fill in your basic information which consists of First Name, Last Name, Your preferred username, phone number and other details
Step 4: Enter your address details which consist of Home Address, Country, State and City
Step 5: Email Verification. This is the first step in our verification process and is required to verify the email used in the signup process. A six-digit code will be sent to your email which must be used to verify your account. Please note to check your spam also for if you don’t receive it in your inbox
OUR KYC PROCESS STARTS FROM HERE. HOWEVER, YOU CAN SKIP THE FOLLOWING STEPS IN ORDER TO BROWSE THROUGH THE APP AND CHECK OUT THE COMPANIES WE HAVE LISTED
YOU WOULD NOT BE ABLE TO PERFORM ANY ACTION ON THE APP IF THE FOLLOWING STEPS ARE NOT COMPLETED
Step 6: Take a selfie. At this point, you are required to take a selfie immediately using your phone or laptop camera. This is to ensure the following:
a human is signing up and not a robot.
to verify who you are which will be compared to your provided ID which is next on the verification list.
Please note you can’t upload a picture from your device. The selfie has to be taken as you are at the moment of signup.
Step 7: Upload a government issued ID card. You are required to upload a CLEAR coloured picture of any government-issued ID dependent on your country of current stay or birth. This includes but is not limited to International Passport, National ID, Driver’s License
Step8: Set your 4-digit PIN. This PIN will be used for signing in and confirming your transactions. You also have to confirm your PIN when making transactions
Once all details have been provided, the team will look through your documents and an email will be sent to you once your documents have been verified.
Next step would be to continue to the app. While awaiting verification, you can look through the app and check out companies who are still raising.
Please note verification takes a maximum of 24hrs. These measures we take are intended to keep you safe as an investor at all times. You can reach us at support@getequity.io if you encounter any issues along the way.
Also note, once you provide us information, please note you cannot change it. If you would like to update any information regarding your identity, we would need to be informed by sending an email to support[at]getequity[dot]io with reasons.
Next steps after verification of your profile would be to fund your wallet which will be covered in the next article.
It’s another awesome week and we have been building awesome things to serve you better.
As always, here’s a round up of one of those things we have been excited about for a while now.
In 2021 we launched our secondary market trading feature on GetEquity and I am here to educate you in as simple words as possible.
What do you mean by Secondary market? Is there a Primary market?
Yes in Venture and Financing, Primary markets exist. In the simplest of definitions, the Primary market is where securities are created and sold to the public for the first time meaning it’s the first place shares and allocation of a company get viewed to investors looking for those shares.
In relation to GetEquity, the primary market is where you initially buy tokens in the startups listed as they go LIVE right up to the moment they close their round (closing a round means when a company is successful in fundraising their goal).
Every transaction that occurs at this point is done on the primary market which is typically a Buy transaction.
So where do secondary markets come in this case?
Secondary markets are where investors buy and sell securities already being owned by themselves or from other investors. It’s called secondary because these transactions have moved a step further from when the securities were initially sold.
In relation to GetEquity, the Secondary market is where you buy and sell tokens in companies whose rounds have closed currently.
We opened up the secondary market on GetEquity as a semi-liquidation system allowing you own and sell tokens of the companies you believe in to get liquidity or a seat at the table much faster.
If you own tokens in companies that have closed their rounds on GetEquity, you can now sell your tokens.
If you missed the company’s initial round, you now get a chance to purchase tokens from those willing to sell theirs.
For secondaries to occur, we make use of a tool called an Order book which is a record of transaction requests that occur, are logged and are matched in real-time, we call these order books the Market Order and Limit Order books.
Ok seriously break it down!
We make use of an order book where buy and sell requests are executed strictly as they come in.
Once there is a matching buy request at the price you are willing to sell, your sale would be successful. You can also place a buy request for tokens. If there is a matching sell request i.e someone who is willing to sell to you at the price you are willing to buy, your request will be successful.
There are two types of orders we introduced on the secondary market. Market orders and Limit orders.
Market Orders
A market order lets you buy or sell a token at the best currently available price on the system. This means you won’t be sure of the price your order will be executed until it’s done.
On a market order, you can only set the number of tokens you want to buy or sell. Your order will be fulfilled at the best available price. To help guide you on market orders, right on the app, you can see the last traded costs for buy and sell orders.
If company X was last traded at $10/X, your order would most likely be fulfilled at that price. Market orders are affected by supply and demand and based off of milestones of a companies progression.
Limit Orders
A limit order on the other hand allows you place a buy or sell order in advance with a set price you want . The exchange will only fill your order at the limit you have set for it. This is why it is called a limit order.
For buy orders, If I place a buy request in company X for $15 for a token, my request will be fulfilled at either $15 or lesser per token. That is, I have told the exchange that the most at which I want to buy a token is $15. That’s my limit on the amount I want to spend per token.
For sell orders, If I place a sell request in company X for $15 for a token, my request will be fulfilled at either $15 or greater per token. That is, I have told the exchange that the least at which I want to sell a token is $15. That’s my minimum price on how much I want to sell my token. As we Nigerians like to say, that’s my last price.
And that is how the secondary market works.
To get started on trading on the secondary market, all you need to do is head to your investor dashboard and click on the subheading “Secondary Market” to view all secondaries on the platform.
We do hope we have been able to convince you and not confuse you and we are happy to further educate you.
Got any questions on this, please send us an email at support[at]getequity[dot]io and the team will definitely get to you.
It’s the season of giving and we at GetEquity plan to be right in the middle of it.
What better way to be a part of the future alongside your friends and loved ones than owning Equity in the different startups we have on our platform.
But why is it so important that we gift?
Build long-term wealth — Build the future alongside your loved ones by Investing together in awesome companies building key solutions for the future.
Show that you care — Gifting your loved one’s equity means that you care deeply about them and their future. Knowing deep down that you care about where they will be 5 years from now and that you want them on that same journey with you speaks enormously.
Pay it forward — Have you ever heard of the phrase; ‘One good turn deserves another’? In layman’s term, the phrase means ‘if someone does you a favour, you should take the chance to repay it.’ When it comes to gifting, people are not only excited and grateful to receive gifts, but they are also encouraged to pay it forward and be generous too.
Introducing GetEquity Gifting
A feature that allows you to gift tokens to anyone who owns a GetEquity account in companies you have invested in.
You can now gift tokens via your loved ones’ email addresses or username?
Yes, you heard correctly.
We now have USERNAMES on GetEquity. Imagine gifting tokens to your friends only using their usernames.
You can now get and secure your unique username on GetEquity. Here are the steps you need to follow:
Login on your mobile app or web application which automatically opens up your overview page.
Navigate to the “More” tab once you log in and select “Settings”
Once the settings page opens, click on “Edit profile”
Click on the “username” and input your preferred username, then save.
And Voila, your username is set and saved in your profile. Another key aspect of the username is that its UNIQUE to only you. No two people can have the same username on the platform.
Now that you have your username, what’s next?
Time to give and it shall be given unto you 👀.
With either your username or email address, you can now receive or give tokens to anyone who is a GetEquity Platform.
Building for the future starts now. And It’s best done with family and friends.
Looking for steps towards gifting equity? Follow them here:
Login on your mobile app or web application which automatically opens up your overview page.
Navigate to the “More” tab once you log in and select “Gift Equity”
Select the token you want to gift
Specify the amount you want to gift.
Enter recipient’s email address or username.
Confirm with your pin
And you are on your way to sharing the love. All in these easy steps.
All you need to get started is to launch your GetEquity app NOW.
Got any questions for us? Send us an email at support[at]getequity[dot]io.
At GetEquity, our mission is to build out an ecosystem that creates liquidity in an illiquid market through the sale of secondaries. To further this, we came up with the concept of Deal Rooms.
A major use case we have seen across multiple VCs, syndicates and even angel investors has been tied dow funds. The average age of startups to exit in the US is about 4 to 11 years.
In Africa, this is even longer. This situation has led to conundrums around startup investing
I like company X, but i feel they will take about 10 years to exit. company Y might not be as appealing, but they have an exit path in 5 years
We see this around our ecosystem with the increase in fintech startup investment, and the perceived decline in investment across other sectors.
Deal Rooms change the way these currently operate. A deal room is a closed group within the GetEquity platform that provides the functionality of GetEquity to members of that room within a closed system. Members can trade, transfer equity within themselves; meanwhile the deal room admin manages and monitors transactions within the platform
Let’s Give a scenario of a company “LetPay”. LetPay has raised a seed round from a couple of investors including a syndicate called “Funder”.
LetPay has now been in operations for 2 years and have been showing steady growth in revenue. An a member of the syndicate “Funder” can decide to sell his equity stake to other members of that syndicate for reasons known to him. E.g there could be a new company, (or new companies) said member thinks will have as much growth as LetPay started with 2 years ago
Member (Jude) initially invested $5000 in LetPay at their seed round. based off their growth and revenue, Jude thinks LetPay should be worth at least 4x what it was when he invested. He decides to sell his stake on the Funder deal room for $20,000
Other members of this syndicate who feel there is quite a lot of value to still be made in “LetPay”, and seeing as it is a much more mature company, would be a less risky investment could decide to buy these shares.
Jude now has a liquidity of $20,000 to repeat his investment process 2 years ago, but this time with 4 companies.
When we look at the multiplier effect of this, we see that this will revolutionise the startup ecosystem, release more liquidity to enable even more companies get funded.
The major use case for syndicates and portfolio funds, is the ease of management of users, transfer of ownership and equity gives rise to a “Portfolio management platform”.
We have a similar use case for companies with the rise of ESOPs. An ESOP is an “Employee Stock Option Plan”. This is used by companies to give a bit of ownership to valuable employees.
With the rise in decentralised and remote work force, local talent are now able to work for companies all over the world while living in Nigeria. Our startup ecosystem is still not flush with liquidity to afford the same rates as our European counterparts, stock options offer a way to prove value to your employees as a bargaining chip.
The major issue again with this is the lack of exits, $100,000 in equity is worth its worth only in paper until an exit is made.
This is where Deal Rooms for companies (also known as ESOP rooms) come in. Employees are able to get assigned this equity based on the company’s structure and agreement, and can now sell this back to the company (or other members of that room).
Startups can also have their investors in this room for a similar use case of buying back equity. This gives rise to a “Cap table management platform”
The Implications of these alone are outstanding, and work in line with our vision of expanding the venture capital and startup ecosystem.
Welcome aboard! We can’t wait to see the various ways you use this…
