The GCC's Tech Vanguard: Pasiv Financial's Vinay Gokaldas

As the founder and CEO of Pasiv Financial, a Dubai-based fintech company, Vinay Gokaldas has spearheaded the creation of the UAE’s first micro-investing platform, building products at the intersection of artificial intelligence (AI) and finance.

With a keen understanding of global markets and emerging technologies, Gokaldas realized that many people in the UAE – friends, family, and colleagues alike – were reaching their late 30s without starting to save for retirement. This insight inspired him to develop a platform that simplifies the daunting process of saving and investing, making it more accessible and connected to everyday life.

“I envisioned a solution that would make saving and investing effortless, something that happens seamlessly in the background without disrupting their lifestyle,” Gokaldas says. “With that vision, we built Pasiv — a platform that transforms passive investing into a natural, easy part of life.” 

With Pasiv, Gokaldas wishes to highlight the magic of sound financial habits, where individuals consistently invest and build assets, and in return, grow their wealth significantly over time. “Our micro-investing feature, allowing users to invest as little as AED5 across a diversified set of securities, is transformative,” Gokaldas explains. “It democratizes access to financial markets and redefines participation in the global economy.”

At the same time, Gokaldas emphasizes that Pasiv’s offering is not just about building individual portfolios, but also about creating broader societal impact. “The economies of the future will thrive when more people, regardless of income, can actively engage in wealth creation,” he declares. “This technology doesn’t just build portfolios — it builds equitable, resilient societies.” 

A Playbook For Success: Vinay Gokaldas 

Given the investment that GCC countries are putting into tech, what role do you think the region will play in the global landscape for it in the future? 

“The GCC is positioning itself as a global hub of innovation, and we’re witnessing some of the world’s most talented individuals gravitating to the region. The UAE, for instance, is fostering a unique environment that prioritizes quality of life, family, and safety – core drivers of happiness, creativity, and ingenuity. Beyond its borders, the UAE is becoming a bridge between continents, connecting people, technology, and capital, particularly in Africa. These investments in infrastructure and innovation aren’t just transforming the region; they’re catalyzing a global ripple effect, enabling technological advancement and collaboration on an unprecedented scale.” 

What advice would you give to young people/new businesses looking to start/grow in your field/industry? 

“Entering the fintech space requires more than just a good idea – it demands passion, resilience, and a deep understanding of a highly regulated landscape. For entrepreneurs, the journey can be challenging, but it’s that passion that will fuel your progress through the obstacles. For young professionals, my advice is to immerse yourself in the industry, even if it means taking on ‘boring’ roles, or working for free initially. These early experiences build essential skills, forge lasting relationships, and help you discover the facets of the industry that truly inspire you. By finding your passion early, you position yourself not only for professional success, but for the joy of waking up excited to do what you love every day.” 

Pasiv Financial's Vinay Gokaldas was one of the 30 innovators celebrated in Inc. Arabia's December 2024 special feature, The GCC's Tech Vanguard. For the full list of The GCC's Tech Vanguard, please click here.