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Stripe’s former growth lead helps African diaspora invest in startups, real estate
Borderless provides the backend infrastructure for diaspora collectives to onboard members, accept cross-border payments and deploy capital.
Today, Borderless provides the backend infrastructure for diaspora collectives, allowing them to onboard members, accept cross-border payments, and deploy capital securely. In establishing that the most important part of the Borderless model is trust, Kinvi is blunt about why many diaspora investors hesitate to deploy capital: too many have lost money trying to invest informally through family or friends. While remittance platforms like Zepz, Taptap Send, LemFi and NALA dominate the space of taking some of that money back home, few have built for long-term investing (that might change in the coming years with recent moves from some players).
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