Is Paasa safe?
The question behind the question: "What happens to my money if Paasa shuts down?"
Since this is the question I get asked most often, I figured it’s time to do it justice with a proper blog post - rather than just leaving it buried in the FAQ. In fact, it is so important that I also summoned my AI avatar to answer it. You can find it/him/me at the end of this post👇
1. We Never Touch Your Money
Your funds never sit with us. When you invest through Paasa, your money goes straight into a brokerage account in your name. We just help you manage it—you stay in full control.
2. Held with the world’s most trusted broker
Your investments are held with Interactive Brokers (IBKR), one of the largest and most trusted brokers globally. They custody $400B+ in client assets and are regulated across major markets, including the US.
⭐ Plus, your account is protected by SIPC insurance—up to $500,000, including $250,000 in cash.
Some bonus points:
4. Global Regulatory Alignment
We operate in close alignment with regulations in both India and the US. All investments are routed through licensed entities (your bank in India directly to IBKR’s partner bank in the U.S.), and we regularly consult legal and compliance experts to keep your money and data safe.
5. Top level encryption
Data on Paasa—personal, financial, or transactional—is protected with bank-grade encryption. We use modern infrastructure and secure-by-design principles to ensure your data never falls into the wrong hands.
6. We keep it simple and transparent
No hidden fees. No nonsense pricing. No confusing jargon. You’ll always know what you're investing in, how much you're paying, and what you're earning. We believe trust comes from clarity.
🎺 Without further ado, here’s my avatar’s attempt at answering this question - quite plainly - in 30 seconds 😬
A serious avatar for a serious topic. Expect more expression and sharper edits in the next one :)
paasa.com