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Raseed Invest Logo

Raseed Invest

United Arab Emirates

Sector Fintech
Employee Count 11-25
Is Incorporated? No
Foundation Date February 1, 2020

Description

https://www.raseedinvest.com

Investments

Competitive Advantage

- KSA Market: Large under-served market in KSA ~ c34m people. Young population: ~c20m between 15-45 years old. Target 3m users (currently there are 4.7m retail investors in Saudi alone investing in local market) - MENA Market: Large under-served market in MENA ~ c 400m people in MENA. Young tech-savvy population: ~c 260m under 30 years old. Limited access to US market due to high trading cost and processes. Target 10m users Go to Marketing Strategy: 1) Initially, we will focus on family and friends to get early adoption and use word of mouth to increase adoption 2) We will also offer free shares in US companies for early adopters and offer additional shares for referrals 3) We will also target local financial news/analysis sites and share our blogs about interesting trends/investment ideas in US 4) We will also connect with key social media influences in the region to try our app/product

Detailed Info

Revenue Model Description

Raseed offer free trading for up to 3 trades per user per month. Any additional trades will be charged a flat $1 per trade (we believe average users will make around 6 trades per month with implied monthly revenue per month of $3. Raseed will also generate revenue from interest on customers' un-invested cash. In the future, Raseed plan to add additional premium products which will help Raseed generate high revenue (margin accounts, retirement accounts)