The start-up will use the funds for expanding the engineering team and in growth marketing.
Technology based investment start-up Cube Wealth raised $500,000 in funding from two of its existing investors. The existing investors who participated in the funding round include Singapore based venture fund Beenext and Japan headquartered Asuka Holdings. The start-up will use the funds for expanding the engineering team and in growth marketing.
Satyen Kothari, Founder, Cube Wealth, said: “I believe this pandemic is an inflection point for digital wealth management as customers will now get accustomed to and demand digital services for everything from KYC to tracking their investments.”
Cube Wealth also launched a new cross-border SaaS service and marketplace called Cube Cloud to help fund managers in India and South East Asia track capital from investors across 50 countries. The start-up will use part of the current funding to accelerate the marketing of Cube Cloud.