The Stanford alumni, who has worked at Apple, personally supports entrepreneurs’ world over. With a personal angel portfolio spread across education, solar, fintech, employment, and consumer products, Kothari also serves on the board of Stanford Angels and Entrepreneurs. He undertakes lecture tours and pens articles to guide founders on how to avoid the same mistakes he has made in his 20-year journey as an entrepreneur. Kothari, in an interaction with DT Next, dwells on his current business model, which is being positioned as a mobile banking service for the urban population.
Cube’s current operations
Cube Wealth is India’s first wealth creation app. It promises 1 minute of work 1 time a month to get all your investments going. It seeks to provide solution for the Indian professional’s problem of not knowing how to start investing and who to trust for advice. It brings together high returns investment options, along with advice from top tier advisors who were previously only available to the nouveau rich. This, plus Cube’s monthly reminder service ensures that everyone can get started on their journey of becoming wealthy over time.
Plans for Indian market
Cube Wealth opened to the public on June 1, 2018. The response has been tremendous enough to evolve into a by-invitation only access (if you have a friend who is a member, he or she can invite you into Cube. Or if you tweet from their website, you get faster invitations).
The Indian market is starved for high-quality financial advice that is automated and puts the client in the middle. If you are a hard-working professional, puzzled by where to start your wealth creation journey, Cube Wealth offers the choice.
Current fintech trends
Mobile-based, real-time options emerging for all user needs - wealth, lending, payments; different solutions that are tailored to different user segments as it is the end of the one-size-fits-all world.