Vestd Lite to simplify Equity Management for start-ups and investors

By Gloria Methri

Vestd has launched a new simplified version of its equity management platform to help start-ups, SMEs and investors organise, manage and track shareholders and ownership.

Vestd Lite is now available for UK-based companies to instantly issue shares among staff, manage shareholders and view their cap table to track ownership. The product also includes full Companies House integration, eliminating the need for paperwork and the likelihood of discrepancies between a company’s records and Companies House.

Through Vestd Lite, businesses can easily generate share certificates that can be signed online, and shareholders will be given their own portal to manage their portfolios. There are also company secretary tools to take the friction out of compliance and governance, as well as customisable business and legal document templates.

Investors can use Vestd Lite features to monitor the value of their shareholdings in individual companies and collectively, as well as apply advanced modelling tools to run future value scenarios.

Explaining what the launch of Vestd Lite meant for start-ups, SMEs, and investors, Vestd founder & CEO Ifty Nasir said, “We are passionate believers in the ‘ownership effect’ and have seen first-hand the power that equity can have on teams and the growth of companies. We hope that with the launch of Vestd Lite even more start-ups and SMEs can maximise investment in their people.”

He added, “there are a number of legal, compliance, and administrative tasks when managing shareholders at all levels, and for many companies, these obstacles mean they are unable or unwilling to put the time and resources into the process. Our platform is designed to remove these barriers and make it as easy as possible to generate share certificates and easily adapt template legal documents, for example, as well as updating dashboards and tracking ownership as your business grows.”