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Paasa

Y Combinator LogoS24
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.
Paasa
Founded:2024
Team Size:2
Status:
Active
Location:Gurugram, India
Group Partner:Michael Seibel
  
Active Founders

Nitish Sahni, Founder

Building the next-generation wealth manager for all emerging economies, starting with India.
Nitish Sahni
Nitish Sahni
Paasa
 

Sparsh Sharma, Founder

Chief product officer at Paasa
Sparsh Sharma
Sparsh Sharma
Paasa
 
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