Nuked 
Hello, followers! Today, let’s explore how Borderless is revolutionizing investment for Africans in the diaspora with a fun and engaging twist!
Borderless is a cool platform that helps Africans living abroad invest in startups and real estate back in their home countries. Since its beta launch last year, it has processed over $500,000, making a real impact.
The idea sprouted in 2020 when Joe Kinvi, who once worked at Stripe, decided to create a smarter way for diaspora communities to pool their money and invest securely. His journey began with Hoaq, an investment club faced with banking hurdles and regulatory challenges, which eventually laid the groundwork for Borderless.
By building a platform that digitizes onboarding, payments, and investment management, Kinvi created a backend infrastructure trusted by over 100 diaspora communities to invest in startups and real estate projects, mainly in Kenya. With minimum investments starting at $1,000 for startups and $5,000 for property, investors can confidently deploy their funds.
Trust is a big deal for these investors, who often fear losing money through informal channels. Borderless combats this by routing funds directly to verified sellers, escrow accounts, or lawyers, ensuring transparency and security. The platform earns through transaction fees, membership dues, and FX spreads, with plans to add remittance and asset management services in the future.
Kinvi envisions unlocking the $30 billion in migrant savings sitting idle yearly. While remittance platforms handle some of that money, few focus on long-term investments. Borderless aims to fill this gap, supported by backers like Stripe and Google alumni, many of whom are users themselves.
Scaling will require stricter identity verification and fraud prevention tools, but the long-term goal is to empower Africans worldwide to invest confidently in their future. With trust at its core, Borderless hopes to transform diaspora investments from risky remittances into sustainable growth assets, all while making the experience accessible and trustworthy.
