Raseed Invest Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Raseed Invest Limited - overview
Established
2020
Location
Dubai, -, United Arab Emirates
Primary Industry
Financial Services
About
Based in Dubai, United Arab Emirates, and founded in 2020, Raseed Invest Limited operates as an investment platform for GCC (Gulf Cooperation Council) residents that enable access to stock trading in the US market. The company was founded by Abdel Sallam Qatshan. In November 2021, Raseed Invest Limited raised USD 1. 1 million in venture funding led by new investor Impact46, with participation from another new investor Oqal Angel Network and other unspecified investors.
The company makes purchasing and selling equities on US stock exchanges easier with its commission-free application. Users can join the platform in minutes with no minimum investment requirement through its seamless registration process. Users can manage and track their portfolios with features including immediate fractional shares trading, premium stock research tools, unique market insights and news, and educational initiatives to foster financial literacy among the user community. Raseed Invest Limited plans to use the venture funding to support product development, the rollout of new features, scale to new markets and increase its user base by offering innovative and advanced investment opportunities.
Current Investors
Impact46, Oqal
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Application Integration Software, Accounting/Finance Software
Website
www.raseedinvest.com
Verticals
FinTech, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.