Moneyfy and Raise Financial Services Collaborate to Provide Financial Products

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By Leandra Monteiro

Today

  • Collaboration
  • dhan
  • Equity

Moneyfy from Tata Capitalthe digital wealth management platform has partnered with Raise Financial Services’ equity investment and trading platform – “Dhan”.

The collaboration will give Moneyfy users access to equity investing, trading and margin funding. Through Dhan’s direct equity platform, Moneyfy app users can now open a Demat account, buy and sell stocks, and trade futures and options.

Moneyfy has a wide range of offerings, including mutual funds, loans, credit cards, insurance, a national retirement system, and corporate fixed deposits. With this combination, Moneyfy will become one of the few wealth management platforms to offer a wide range of financial products and services on a single platform.

Saurav Basu, Head – Wealth Management, Tata Capital said, “This association is in line with our vision to offer a full suite of products on Moneyfy, keeping in mind the global financial requirements of customers. With this extension of offers, we are proud to be the preferred one-stop-shop for people’s personal financial needs. This alliance will help us strategically broaden our horizons and scale effectively. »

“Our partnership with Tata Capital is based on the core philosophy of Raise, where we aim to develop superior products for clients that help them make better investment decisions. We aim to create an exemplary offering through this partnership that will drive deep value creation in the digital wealth, financial planning and investment space,” said Jay Prakash Gupta, co-founder and COO of Raise Financial Services.

Dhan is a technology and product driven investment platform designed for long term investors and super traders in India. Based in Mumbai and operated under Moneylicious Securities, Dhan is part of Raise Financial Services, which was incorporated in January 2021 to create technology-driven financial services and products. The organization has successfully launched 5 products for web, mobile, TV, APIs and India’s first application dedicated to F&O traders – Options Trader.

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