Borderless enables African diaspora to invest in Africa
Joe Kinvi, a former Stripe growth lead, is now helping the African diaspora invest in startups and real estate through his platform, Borderless. The platform has already processed over $500,000 in transactions. Borderless provides infrastructure for diaspora collectives to invest in African startups and real estate, addressing challenges like cross-border payments and regulatory hurdles. The platform currently focuses on startups and real estate, with minimum investments of $1,000 and $5,000 respectively. Kinvi's venture aims to unlock billions in diaspora savings, addressing the lack of secure investment options. Borderless has raised $500,000 in seed funding and is backed by investors from Stripe and Google, among others.