Sign In

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
Add to my network

Location

London, England, United Kingdom