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Inc42

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Belong Bags $5 Mn To Provide Fintech Solutions For NRIs Via GIFT City

  • NRI-focused fintech startup Belong raises $5 Mn in seed funding round led by Elevation Capital.
  • Funding round includes participation from Relentless Ventures and angel investors like Urban Company and Zomato executives.
  • Belong aims to provide retail investment products to NRIs via GIFT City, offering services through PSP and broker dealer licenses.
  • Startup offers USD fixed deposit product, NRI-specific digital tools, like NRI FD rates explorer, to assist NRIs in making financial decisions.

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