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Feature
Paasa
Paasa Payment Processing
V
Village Labs Payment Processing
Rating
4.0
3.9
Reviews 11 12
Category Payment Processing Payment Processing
Description

Paasa helps wealthy Indians invest in global equities - without middlemen, hidden fees, or paperwork. While high-net-worths in India often have international expenses from children's education to healthcare, most still save in INR, a currency that depreciates ~2–5% per year against the USD. Why? - Broken outward remittance process - Fear of making mistakes in tax or compliance - Paper-heavy onboarding processes of international brokers - Lack of trustworthy guidance Paasa offers a mobile app that enables Indians to trade worldwide, invest passively, and automate every cross-border tax filing.

At Village Labs, we help America's businesses become employee owned by helping them set up and manage an employee stock ownership plan (ESOP). ESOPs are a federal retirement plan that enable businesses to give their employees a stake in the company in exchange for significant tax benefits. With 2.9M Baby Boomer business owners set to retire in the coming years, there's a growing "Silver Tsunami" of businesses across the country in search of new ownership. For many of these owners, selling to their employees is a socially-minded yet financially pragmatic solution. By selling ownership of their business to an ESOP, owners get a fair price, tax benefits, and the satisfaction of knowing their employees and legacy will be taken care of — things not guaranteed with traditional buyers like private equity. In turn, employees retain their jobs and get shares in the business that can help them create life changing wealth by the time they retire — imagine an office secretary retiring as a millionaire. Thousands of businesses across America like Bob's Red Mill, Harpoon Brewery, and Recology already have an ESOP, benefiting over 14 million workers and creating 2.1 trillion in employee wealth. We're excited about the opportunity to massively grow these numbers by making it simple for every business to become employee owned.

Website https://paasa.com https://villagelabs.app/
Positives
"Best investment we made this year. Highly satisfied."
Ms. Bulah West - 5/5
"Well-designed interface and powerful features."
Mr. Dale Keeling - 5/5
Negatives
"Overpriced for what you get. Better alternatives exist."
Hayden Huel - 2/5
"Had to switch to a different solution after trying this."
Cordia Kessler - 2/5
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