Stockal
25 Broadway, New York, NY, 10004, United States
Overview
Borderless, formerly known as Stockal, runs a cross-border investing platform that continues to trade under the Stockal brand. The service allows affluent individuals in emerging markets to invest abroad and, through forthcoming product extensions, aims to help them save on travel, education, and healthcare expenses. The Bangalore-based company works with more than 100 financial institutions and fintech partners and currently supports over 160,000 global capital accounts. To date it has processed US$2 billion in transaction volume and serves customers across 18+ countries. Borderless has raised roughly INR 100 crore in cumulative funding from investors such as July Ventures, AROA Ventures, HDFC, and Hashed Ventures. Management is in discussions for a prospective INR 120 crore Series B round to commercialize its expanded offering. The freshly secured bridge capital will primarily fund additional product development.
- Total raised
- $15M
- Funding rounds
- 5
- Latest round
- Convertible Note
- Latest activity
- May 2025
Industries
- Analytics
- Big Data
- Finance
- FinTech
- Stock Exchanges
- Trading Platform
Recent funding
Convertible Note
May 2025
$2M
Series A
Apr 2022
$9M
Series A
May 2021
$3M
Equity
Jun 2017
$0M