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.