Vested Finance Inc.

About

Founded in 2018 and located in El Segundo, California, Vested Finance Inc. operates an investment platform that connects Indian residents and non-resident Indians with a variety of global financial products.Vested Finance Inc. specializes in facilitating investments for Indian residents and NRIs, allowing access to U.S. stocks and other global investment opportunities. The company was founded by Darwin Arifin, Eric Huynh, Viram Shah, and Yinghan Lin, with Viram Shah currently serving as CEO. Vested secured a total of USD 12.00 mn in Series A funding in April 2022, led by Ayon Capital, with participation from several other investors and a total of five deals completed since inception.Vested offers a comprehensive investment platform that enables both Indian residents and non-resident Indians (NRIs) to access a variety of financial products, primarily focusing on global markets. The core offerings include the ability to invest in over 10,000 U.S. stocks and exchange-traded funds (ETFs), as well as curated opportunities in international mutual funds, peer-to-peer (P2P) lending, and INR-denominated bonds. This suite of services aims to provide users with diversified investment options, facilitating wealth creation and financial growth. Vested's clientele includes retail investors and individuals seeking to broaden their investment portfolios beyond traditional Indian assets, addressing the need for accessible, cross-border investment options. The platform operates primarily in the Indian market while also catering to NRIs, allowing them to efficiently manage and grow their investments in U.S. securities and alternative assets.Vested generates revenue through a structured fee model associated with its investment services. The platform offers two primary subscription plans: a Basic Plan, which charges a transaction fee of 0.25% per trade, capped at USD 35, and a Premium Plan, which incurs a monthly subscription fee of ?375 along with a reduced transaction fee of 0.15% per trade, also capped at USD 35. Customers engage with Vested by executing trades on U.S. stocks and ETFs or by investing in INR bonds and P2P lending opportunities. Each transaction reflects the platform's value proposition, where users benefit from a seamless trading experience and access to diverse investment products, enhancing their potential for returns. This structured fee model is designed to create a sustainable revenue stream while catering to a broad range of investors seeking global investment opportunities.In April 2022, Vested Finance Inc. raised USD 12.00 mn in Series A funding to increase its global team, expand its product suite, and bolster its U.S. customer base. The company is focused on developing new investment products aimed at enhancing user engagement and satisfaction. Vested plans to expand its market presence, specifically targeting the U.S. and other international markets by the end of 2023. The recent funding will support these initiatives, allowing Vested to further enhance its platform and better serve its growing customer base.