This post was most recently updated on 7th Jul, 2020
A Startup built and started by Satyen Kothari, a Mumbai-based entrepreneur and angel investor who is currently running his 5th venture, Cube Wealth is a platform that helps to Invest your Wealth and Money in safer hands through experts. It is a tech-first global investment service that started with an India-first focus.
The service is delivered via its award-winning app and all users get an all-time assistance from dedicated Wealth Coaches, with an aim to help people get on the path of getting richer, with no stress and complications.
Cube Wealth has also been able to create a customer base in Hong Kong, Japan, London, Singapore, the Middle East and the US in the past year. Its list of clients includes senior executives and professionals from Nestle, Deloitte, Goldman Sachs, Ernst & Young, Jack & Jones, and Cars 24 and other companies.
Having spent about 18 years in Silicon Valley, the founder Satyen Kotahri is responsible for starting several successful companies in India as well as the US, including India’s first payments solution firm Citrus Pay, which was bought by Naspers-backed PayU in what was then the largest deal in Indian fintech
What Cube Wealth provides you to Invest into?
Cube’s mission is to help every deserving investor create wealth. The system helps guide investors on how to create their Perfect Portfolio by following some simple steps. First, you must build an emergency fund. Once this is taken care of, investors can think of investing for short term goals like a wedding or saving up for higher-education.
This can be followed up with investing for expenses you can foresee over the next 3 to 5 years. Then, it’s big picture time – invest for long term goals like retirement that are at least 7 plus years away.
A simple lite App available for Android & IOS that has built trust over the years and is Made in India by an Indian Entrepreneur. It is backed by some of the most prominent international and Indian investors.
It gives users access to 17+ curated investment options from thousands of options available in the Indian financial market, some of which include mutual funds, foreign stocks, gold, and P2P lending, among others.
“Someone who has never invested will put in 5,000 rupees (US$70) in one of the mutual funds on Paytm Money. But once someone has a decent portfolio and realizes it’s not being managed well, he will come to us. We are aiming at professionals from mid- to senior management level,” says Kothari.
How Cube Wealth Works and How you can Invest using the App:
To understand the Working of Cube Wealth after downloading the App you can see the simplistic layout with a Video Guide to generate a wave of Investment and understanding.
You can even analyze your Portfolio and look through your investments. For instance, the Discover option can be used by a starter, through which you can check your SIPs, Perfect Portfolio option & level which suits you.
If you aren’t confident about that option, then you can go for building your own Portfolio with simple shortcuts and quality advice.
Once a user commits to an investment, the company sends a weekly portfolio summary, which, Kothari said, is simple to read. “It mentions the total value of the investment and the profit/loss percentage amount. This is all you should care about.”– TechinAsia
If you want to get into the habit of investing while earning some great rewards, then the Games section is for you as you can play it Alone, as Single Player, Multiplayer, or Refer basis. It totally depends on what you choose.
In any case, you feel unsorted, you have the option for Live Chat with experts that help you out. It is an easy and perfect option for Investors who are looking towards Mutual Fund investments.
The solution is good but the end is up to you if you would like to start your Investments. It is said that Mutual Funds are less risky and more secured, although it is subject to Market risks, but life is all about some risks and health & wealth go side by side. We suggest trying Cube Wealth as it is “More than a Mutual Funds App”.
You may refer to their website for more information https://www.bankoncube.com.
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