Digital US equities investment product launches in India
DriveWealth has joined forces with Vested Finance to give Indian retail investors digital access to the US equity markets, reports Jane Connolly.
With its patent-pending real-time fractional share trading capabilities, DriveWealth aims to make the US stock market available to investors everywhere at an affordable cost.
Vested Finance is a US registered investment advisor (RIA) that serves the retail investor market in India.
DriveWealth CEO, Robert Cortright, notes that offering this access to Indian investors had long been a priority for the company.
“The real-time fractional share trading capability of this offering means that individuals in India can own a stake in the US companies they love and so many of the products they use every day, regardless of the amount they are able to invest.”
Viram Shah, CEO of Vested Finance, says: “At Vested, we strongly believe that global investment opportunities should be available to individual investors throughout India. Whether a customer’s objective is to invest in global brands, to save for US dollar spending or to add international diversification to their portfolio, our Vested offering can accommodate their needs, with no minimum investment required.”
DriveWealth provides its own customisable suite of APIs and has customers and partners in more than 140 countries.