Qornerstone Pte Ltd

Digitalising Property Management and Championing Smart Cities

General Information
Company Name
Qornerstone Pte Ltd
Founded Year
1999
Location (Offices)
Singapore +1
Founders / Decision Makers
Number of Employees
12
Industries
IT, Information Technology, Prop Tech
Funding Stage
-
Social Media

Qornerstone Pte Ltd - Company Profile

Qornerstone Pte Ltd is a Singapore-based startup striving to revolutionize property management and advocate for smart cities. With a focus on digitalization, the company offers a powerful and flexible cloud-based proptech platform that simplifies various property management tasks for its customers. The platform integrates financial accounting software with property, tenant/household, and facilities management modules, ensuring efficient operations and detailed reporting functions. One of Qornerstone's notable advancements is its collaboration with 2 major banks in Singapore to introduce PayNow with automated bank reconciliation and pass-through accounting. This feature, integrated into their app, enables homeowners or tenants to conveniently pay management fees or rent to the MCST/landlord, with automatic bookkeeping updates promising convenience and cost savings for all stakeholders. It is worth noting that Qornerstone has a 20-year track record in Singapore under the name IBASE Technology Pte Ltd, owning the intellectual property rights to the platform's source code and selling Enterprise licenses. Moreover, both Qornerstone and IBASE are wholly owned subsidiaries of Qornerstone, Inc., which is approved for listing on the U.S. OTC Board with share trading scheduled to commence in the second half of 2019. In the rapidly evolving Information Technology industry, Qornerstone stands out as a promising player with its innovative approach to property management and its commitment to smart city initiatives. Financed by last investment from undisclosed investors, the company is poised for growth and further advancements in the proptech sector.

Taxonomy: Proptech, Real Estate Technology, Facilities Management, Cloud-based Software, Financial Accounting, Integrated Platform, Smart Cities, PayNow, Bank Reconciliation, Enterprise Software, Technology Integration, Residential Condominiums, Commercial Buildings, OTC Listing

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