Borderless Investing Inc.
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Borderless Investing Inc. - overview
Location
New York, NY, US
Primary Industry
Financial Services
About
Based in New York, US, and founded in 2016 by Sitashwa and Vinay Borderless Investing Inc. , doing business as, Stockal, provides an investment platform to retail investors in India, the Middle East, and Southeast Asia in globalizing their savings and wealth by investing in mature international markets. In April 2022, Borderless Investing Inc raised USD 9million in Series A funding Hashed Venture Fund and PEAK6 participated in the funding round. The new investors are ARC Group Ventures, Trica, 7Square, AZ Ventures, Czar Capital, and Riso Capital.
As of June 2022, the firm has above 85 employees. The company provides a mobile app through which people can invest in international stocks for a whole share or a fraction of a share. The firm provides pre-configured, well-diversified portfolios managed by experts, eliminating the need for investors to actively manage stock changes. Furthermore, the firm provides cash management accounts, which allow investors to invest in higher-value currency stocks and withdraw funds via ATMs, debit cards, and P2P transfers.
Stockal will utilize the April 2022 funds for driving its international expansion plans to enter the Southeast Asian markets.
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
http://www.stockal.com
Verticals
FinTech, FinTech, FinTech, FinTech, Mobile Apps
Total Amount Raised
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