Belong

Founded in 2024, Belong is a financial technology company headquartered in Bengaluru, India, that focuses on providing seamless investment options for NRIs.Belong primarily offers a comprehensive financial app designed for Non-Resident Indians (NRIs) to facilitate seamless investment and savings options in India. Its core product is a high-interest USD-based Fixed Deposit (FD) in partnership with Indian banks located in GIFT City, allowing users to invest a minimum of USD 5,000 across various time periods with competitive interest rates. The app also features financial tools, including an NRI FD comparison tool, a residential status calculator for tax purposes, and a compliance compass to ensure adherence to financial regulations.Belong generates revenue through its financial products tailored for NRIs, primarily from the interest differential on high-interest fixed deposits. When an NRI invests through the Belong platform, they transfer funds from their UAE bank account into a fixed deposit, which allows Belong to earn a commission from partnered banks based on the total amount deposited. The company aims to launch several new financial products, including foreign currency savings accounts and mutual funds. Additionally, Belong is focusing on expanding its services to new markets, particularly targeting NRIs in regions beyond the UAE, with specific plans still to be detailed.

1. Seed

   Jul 9, 2025

   Amount

   $5M

   Investors

   Locked