Investment Utopia

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InveStar BD’s partnership with Microsoft paves the way for tech-driven investing and building financial literacy in Bangladesh.


 

InveStar BD, a pioneering tech startup based in Bangladesh, is taking the financial technology industry to the next level with its innovative approach to digitising and democratising the investment market of Bangladesh. Led by the vision of Founder Farihan F. Rahman, a tech entrepreneur and investor, the company aims to revolutionise the country’s capital market and bring financial literacy to the next generation of investors. Partnering with global tech giant Microsoft through the Microsoft for Startups Founders Hub, InveStar BD is set to leverage the latest advancements in AI, cloud computing, and data analytics, propelling the platform to new heights of success.

InveStar BD was founded in the wake of the COVID-19 pandemic, seeking to provide a seamless and user-friendly investment platform for Bangladeshis, both in the country and abroad. Inspired by his experiences investing in global markets during his time in London, Farihan realised the immense potential of making investing accessible to everyone back home. His vision is to empower individuals via an AI-driven Learning Platform, with the knowledge and tools needed to take charge of their financial future and capitalise on the dynamic opportunities presented by the capital market.


Most retail investors here have a ‘follow the hype’ mentality which often results in heavy losses. I realised that another key problem we have is a lack of financial literacy and really low participation of the tech-savvy population (women, millennials, Gen Z). That is why the Microsoft partnership is a crucial milestone for us, in order to build trust among customers.


InveStar BD’s Co-Founder, Dipro K. Chowdhury, with a strong engineering and tech background, brings invaluable technical expertise to the team. Dipro’s dedication to creating a robust and secure platform ensures that InveStar BD users can confidently navigate the world of investment with ease. His relentless pursuit of excellence in user experience has resulted in a platform that is not only technologically advanced but also remarkably user-friendly.

Adding to the team’s strength is Co-Founder, Mr. Hasanul B. Khan, an accomplished sales expert currently based in Australia. With his keen eye for market dynamics and extensive experience in sales, Hasanul is poised to lead the sales efforts of InveStar BD when the full platform launches. His international perspective and ability to forge strong partnerships will be instrumental in driving the platform’s growth and expansion beyond borders.

Through its strategic collaboration with Microsoft, InveStar BD is positioned to deliver unparalleled investment experiences to its users. By harnessing Microsoft’s AI capabilities, the platform’s AI-based learning platform will offer educational resources and insights to investors at every level. As users interact with the platform, the AI algorithms will continuously adapt to individual preferences and goals, providing personalized investment recommendations.

 

 

The journey has not been without obstacles, but, the founders faced the challenges head-on. “It was definitely not an easy start. During my research, my friends in the finance sector sort of discouraged me, highlighting that the stock market here is quite volatile and lacks investor confidence. Most retail investors here have a ‘follow the hype’ mentality which often results in heavy losses. I realised that another key problem we have is a lack of financial literacy and really low participation of the tech-savvy population (women, millennials, Gen Z). That is why the Microsoft partnership is a crucial milestone for us, in order to build trust among customers,” says Farihan.

“The partnership with Microsoft also ensures that InveStar BD investors can enjoy seamless, secure, and lightning-fast transactions. The cloud computing capabilities of Azure will ensure efficient execution of investment strategies, even during peak trading times. Additionally, the platform’s data analytics will provide in-depth market insights, empowering users to make informed decisions and mitigate risks effectively,” adds Dipro.

With an eye on the future, InveStar BD envisions expanding its reach beyond Bangladesh’s borders, granting international investors access to the thriving capital market. The team is actively exploring ways to integrate emerging technologies like AI and blockchain to offer a comprehensive suite of investment tools and services.

“We want to provide investment opportunities to non-resident Bangladeshis and foreigners to easily invest in our growing capital market which will also strengthen our reserves,” mentions Farihan


The partnership with Microsoft also ensures that InveStar BD investors can enjoy seamless, secure, and lightning-fast transactions. The cloud computing capabilities of Azure will ensure efficient execution of investment strategies, even during peak trading times. Additionally, the platform’s data analytics will provide in-depth market insights, empowering users to make informed decisions and mitigate risks effectively.


InveStar BD is poised to play a pivotal role in shaping this future while closely working with the Dhaka Stock Exchange and its financial partners like Beximco, the biggest conglomerate in the country. As a pioneer of a full spectrum digital investment platform in Bangladesh, InveStar BD aims to be the go-to platform for both seasoned investors and newcomers alike.

With the imminent launch of its full-fledged app, investors will gain access to a wide range of asset classes, including stocks, bonds, mutual funds, SIPs, Gold, and innovative startups. To support this initiative, InveStar BD is actively engaging with top government-level decision-makers, urging them to update policies that foster market growth and economic prosperity. The company’s dedication to promoting financial inclusion and opportunity sets the stage for a transformative impact on Smart Bangladesh’s investment landscape.

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