Funding updates

‘Vested’ raised $3.6 million

Vested enables Indian investors to buy US stocks has raised $3.6 million in seed funding from Inflection Point Ventures, Venture Catalysts, US-based Moving Capital, Ovo Fund, and TenOneTen Ventures.

Founded in 2019, the California-headquartered online investment company claims to have processed more than $100 million in trades in 2020, and said that more than half of the investors using the Vested platform are investing in the US market for the first time ever.

The online platform has a zero-commission, no minimum balance policy that allows investors to invest in US stocks, exchange-traded funds or stocks recommended by Vested.

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