Borderless didn’t just change its name, they changed the conversation.
What started in 2016 as Stockal, a lean machine giving Indian investors a shot at the U.S. markets, just raised ₹20 crore in bridge funding (~$2.4M). Led by Credence Family Office and July Ventures, this round adds to the ₹100 crore already in the bag, paving the runway for a ₹120 crore Series B that’s locked on a $25B market like a predator drone on heat.
Fintech’s got no shortage of bodies in the pile. But Borderless? They’re not selling sizzle. They’re serving steak. And not your average ribeye, think Wagyu-grade cross-border banking for high-net-worth players across India, the GCC, and Southeast Asia. This is wealth tech for the upwardly mobile, the globally-minded, the 45M+ individuals making $50K+ a year in markets long ignored by traditional banks.
And that name? It hits different. Borderless isn’t just clever branding, it’s a declaration. No walls, no ceilings, just seamless investing, saving, and transacting across 18 countries+. With 160K+ global accounts and $2B in processed transactions, they’re not painting a picture, they’re printing the canvas.
Sitashwa Srivastava, the founder and CEO, didn’t build a startup. He built a blueprint. From crowdsourcing at Jade Magnet to constructing a fintech fortress with regulatory firewalls tighter than a Swiss bank’s vault, the man moves like he’s one step ahead. And CTO Vinay Bharathwaj? he distributed systems wizard, and architect of the real-time trading backbone that powers 50K+ concurrent transactions without breaking a sweat.
Credence’s Mitesh Shah called it: this pivot from Stockal’s narrow investment play to Borderless’s global money movement is a masterclass in reading the market before the market knows it’s a story. And Ravindra Krishnappa from July Ventures nailed the thesis, when you blend 100+ partnerships with airtight SEC/RBI /DFSA compliance, you’re not just in the game. You’re setting house rules.
The platform offers fractional shares, automated portfolios curated by globa lfund managers, and multi-currency wallets that whisper in 12 different tongues. Borderless isn’t a fintech, it’s financial Esperanto for emerging markets. With new features like Borderless Pay and crypto staking on the way, they’re not catching up. They’re charting a map.
So here we are. The rebrand’s done. The bridge round’s closed. The mission is loud and clear: erase friction, unlock access, and turn geographic barriers into profit margins. Series B is next, and if you're not watching, you’re falling behind.
Founders like Sitashwa and technologists like Vinay aren’t just building for the moment, they’re building the infrastructure for the next era of global wealth. Quietly. Competently. Borderlessly.
Let’s connect and keep the momentum going across the tech ecosystem. Whether you’re a founder shaping the future, a leader driving change, a VC backing bold ideas, or an investor spotting the next big thing—together, we’re pushing boundaries. Proud to be building the future with you.
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