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Paasa

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Active
fintech
consumer
investing
emerging-markets
 
https://paasa.com

Global investing for HNIs in emerging markets, starting from India

Paasa lets high-net-worths in emerging markets invest in dollars in globally-diversified investment portfolios. While high-net-worths in India have international expenses, they save in a depreciating currency. 9/10 high-net worths in India (net-worth > $1M) hesitate to invest overseas due to lack of guidance on capital controls, tax laws that change every year, and limited advisory. Paasa streamlines this with 1) a brokerage partner in the US, 2) partner banks in India for smooth remittance, 3) robo-advisory and 4) LLMs to do all paperwork. We want HNIs in emerging markets to better save for their child's foreign education, diversify overseas confidently, and build generational wealth in a stable currency.
Active Founders
Nitish Sahni
Nitish Sahni
Founder
 
Sparsh Sharma
Sparsh Sharma
Founder
 
Paasa
Paasa
Founded:2024
Batch:S24
Team Size:2
Status:
Active
Location:Gurugram, India
Primary Partner:Michael Seibel
 
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Company Launches
Paasa - Build wealth across borders
See original launch post

Paasa gives high-net-worth individuals (HNIs) in emerging markets the same globally diversified portfolios as HNIs in America.

What’s the problem?

‘Pre-HNIs’ and HNIs in countries like India want to diversify their wealth internationally. A few cross-border brokerage apps exist, but most customers hesitate due to:

  • Lack of guidance on foreign investments
  • Remittance regulations that change every year
  • Cross-border tax filing that their CFAs struggle with
  • Slow outflows from local banks

These barriers keep global investing out of reach, reserved for the top 0.001% who can afford wealth managers and family offices. We’re changing that.

Our vision is to bring all the opportunities of the 0.001% to the pre-HNI without any hassle.

Team

Sparsh and I (Nitish) grew up in India and have known each other for 5 years. Both personal finance nerds, we previously worked at SoFi, where Sparsh led design on Student Loan Refinance, and I led engineering projects on Data Governance.

Ask

If you’re in India and want to invest globally, reach out! We’re founders@paasa.co

YC S24 Demo Day Video