{"id":83571,"title":"Paasa - Build wealth across borders","tagline":"Invest in US markets from emerging economies.","body":"[Paasa](https://paasa.com/) gives high-net-worth individuals (HNIs) in emerging markets the same globally diversified portfolios as HNIs in America.\n\n![uploaded image](/media/?type=post\u0026id=83571\u0026key=user_uploads/1349737/99f6cc47-f702-4c67-b7c8-9659ff814b35)\n\n**What’s the problem?**\n\n‘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:\n\n* Lack of guidance on foreign investments\n* Remittance regulations that change every year\n* Cross-border tax filing that their CFAs struggle with\n* Slow outflows from local banks\n\nThese 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.\n\nOur vision is to bring all the opportunities of the 0.001% to the pre-HNI without any hassle.\n\n**Team**\n\n[Sparsh](https://www.linkedin.com/in/sparsh-sharma-design/) and I ([Nitish](https://linkedin.com/in/nitishsahni)) 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.\n\n**Ask**\n\nIf you’re in India and want to invest globally, [reach out](https://paasa.co/form)! We’re [founders@paasa.co](mailto:founders@paasa.co)\n\n![uploaded image](/media/?type=post\u0026id=83571\u0026key=user_uploads/1349737/821d0b76-d224-43b7-996d-a539b271dba9)\n\n","slug":"Ljv-paasa-build-wealth-across-borders","created_at":"2024-08-29T15:14:04.755Z","updated_at":"2026-05-25T01:46:06.900Z","total_vote_count":130,"url":"https://www.ycombinator.com/launches/Ljv-paasa-build-wealth-across-borders","share_image_url":"https://www.ycombinator.com/media/?type=post\u0026id=83571\u0026key=user_uploads/1349737/99f6cc47-f702-4c67-b7c8-9659ff814b35","company":{"id":29789,"name":"Paasa","slug":"paasa","url":"https://paasa.com","logo":"https://bookface-images.s3.amazonaws.com/small_logos/69545faa0fc0f7ee6b89313f1c320d59486f1802.png","batch":"Summer 2024","industry":"Fintech","tags":["Fintech","Consumer","Investing","Emerging Markets"],"search_path":"https://bookface.ycombinator.com/company/29789"}}