mIQ Information

mIQ’s platform enables cooperatives to pool funds, invest and build credit. We’re enhancing how communities and capital work together through accessible, collaborative and social tools. Cooperatives are groups of people who pool their capital to invest together, share risk and increase their purchasing power. But with today’s infrastructure, starting and managing a cooperative is very difficult and time-consuming. Current tools are made for individual use cases, making it difficult for groups of people to organize, share and transact. Collaborative finance needs tools built around transparency, trust, and collaboration. As such, running a cooperative should be more internet-native —but it’s not today, with many challenges including: Slow and complex to start, fund and run a cooperative. Governance issues with decision-making, compliance and record-keeping. Lack of data utility to enhance member visibility and access to the economy. Now with Miq, groups can easily manage their cooperatives natively online—built with regulatory oversight, payments and membership management tools.