CUSP Wealth Launches US Stocks and Savings Accounts, Redefining WealthTech Across the GCC
Blog post from Alpaca
CUSP Wealth, a DFSA-regulated WealthTech firm in Dubai, has launched a hybrid advisory model for trading U.S. stocks and ETFs in the Gulf Cooperation Council, leveraging a partnership with Alpaca, a provider of brokerage infrastructure APIs. This initiative aims to overcome barriers in the GCC’s wealth management landscape that traditionally cater to high-net-worth individuals by offering low entry thresholds and fractional investing, including Shariah-compliant options. By integrating AI-driven optimization with human advisory services, CUSP Wealth provides accessible investment opportunities with zero basic trading fees, enabling users to manage both traditional and faith-aligned assets through a single interface. Alpaca’s infrastructure supports this model by facilitating direct investments and reducing operational costs, aligning with the growing sophistication of retail investors in the GCC and promoting financial inclusivity in the region.