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    Dev Soni

    Founder, CEO at Sugar Wallet

    Devrath Soni is a 28-year-old entrepreneur of Indian origin and the Founder and CEO of Sugar Wallet, a fintech company based in New Zealand. He launched Sugar Wallet in 2022 with the goal of simplifying investment for individuals with low financial literacy or limited resources. The platform initially allowed users to invest small amounts in markets but later pivoted to focus on digital gold investments, aligning with traditional Indian preferences for gold as a secure asset class. The app has expanded to markets like India and Turkey and is valued at approximately $20 million USD.123

    Devrath moved to New Zealand at the age of seven and graduated in commerce from the University of Auckland. Before founding Sugar Wallet, he successfully ran a custom-tailoring business, Devonché, which became New Zealand's leading provider of custom suits before being sold during the COVID-19 pandemic. He also contributed to the growth of other businesses, such as helping a florist achieve $100,000 in revenue within six months.123

    Under his leadership, Sugar Wallet aims to become a global financial institution by making investing accessible and offering innovative services like lending against gold assets. Devrath's entrepreneurial journey is marked by his commitment to empowering people financially and simplifying complex investment processes.134

    Highlights

    Nov 23 · sugarwallet.com
    Privacy Policy V2 - Sugar Wallet
    Jan 1 · internshala.com
    Sugar Wallet Company Profile & Overview
    Aug 1 · startupdaily.net
    Kiwi fintech Sugar Wallet turns everyone into an investor in less than ...
    Kiwi fintech Sugar Wallet turns everyone into an investor in less than ...
    Jun 29 · cie.auckland.ac.nz
    Sugar Wallet app makes investing simple for everyday Kiwis
    Sugar Wallet app makes investing simple for everyday Kiwis
    Jan 1 · theorg.com
    Sugar Wallet - The Org

    Related Questions

    What inspired Devrath Soni to start Sugar Wallet?
    How did Devrath Soni's background influence his entrepreneurial journey?
    What are the key features of Sugar Wallet?
    How does Sugar Wallet plan to expand its services in the future?
    What challenges did Devrath Soni face while launching Sugar Wallet?
    Dev Soni
    Dev Soni, photo 1
    Dev Soni, photo 2
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    Location

    London, England, United Kingdom