Three questions with eSignature Group
May 15, 2017 | By Candice de Monts-Petit
New medallion signature service created for individual investors seeking to transfer shares
New York-based entrepreneur Seth Farbman created Edgar filing service Vintage Filings and incorporation consultancy VCorp. While working on his recent venture, VStock Transfer, the former securities attorney came up with the idea of an online system delivering medallion signature guarantees for stock transfers.
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51 FLAVORS: A Survey of “Small Estate Procedures” Across the Country – https://lnkd.in/dDkqbJe
Nobody is going to accuse 10-month-old eSignatureGuarantee of being a glamorous start-up. But its core service ─ providing a medallion guarantee for the transfer of securities ─ is so unsexy that it’s, well, sexy. Founder Seth Farbman, a successful serial entrepreneur, has spent most of his career wading in the mind-numbing technical minutiae around stock transfer and corporate compliance services. Bringing that expertise to bear on his company’s online platform looks to have significant upside because banks, which once offered medallion-stamp services gratis, have stopped providing the services mostly because of liability reasons. “If you’ve tried to transfer securities over the last few years, you know how time consuming, draining and almost impossible the signature medallion process has become,” says Farbman. “We invested heavily in technology to reduce this friction and have succeeded beyond our expectations.”
Inaugural Awards Recognize Excellence and Success of Top FinTech Companies, Technologies and Products
NEW YORK, NY / ACCESSWIRE / April 26, 2017 / eSignatureGuarantee.com today announced it has been awarded the FinTech Breakthrough Award for ‘Best Banking Infrastructure Platform’. The FinTech Breakthrough Awards recognize the most innovative and creative companies in the financial technology industry. With over 3,000 nominations across the different categories, the recognition of eSignatureGuarantee.com solidifies its position as a leading web platform in the competitive FinTech sector.