Touch ‘n Go eWallet to Offer Wider Access to Bursa Malaysia Investment Products
by Fintech News Malaysia October 11, 2023Touch ‘n Go (TNG) eWallet’s GOinvest feature to offer wider access to Bursa Malaysia investment products, thanks to a collaboration with Bursa Malaysia and Affin Hwang Investment Bank Berhad (AHIBB).
This move is part of an ongoing effort to democratise equity investments and promote financial inclusion among Malaysians.
The GOinvest feature will enable investors to seamlessly invest and monitor their portfolios, all within a single app, with a user-friendly interface and robust security measures in place.
Affin Hwang, as the broker partner, will assist investors by offering greater market access, comprehensive research resources, real-time market data and responsive customer support.
In addition to offering trading services, the TNG eWallet’s GOinvest feature will host educational investment content.
The content will be curated together with Bursa Malaysia and will cover topics such as fundamentals of investing and introduction to various investments available on Bursa Malaysia, including Exchange-Traded Funds (ETFs).
This will be beneficial to equip retail investors, especially the younger demographic and those new to investing, with the knowledge needed to trade confidently in the stock market.
Datuk Muhamad Umar Swift
Datuk Muhamad Umar Swift, Bursa Malaysia said,
“Bursa Malaysia believes a marketplace that is inclusive is essential for a financially empowered society.
Towards this, we will continue to innovate and introduce new ways for retail investors to confidently participate in, and benefit from numerous opportunities available within the Malaysian capital market.
Alan Ni
Alan Ni, CEO of TNG Digital said,
“This collaboration aligns with our vision of breaking financial barriers and making financial services, including investments, accessible to all.
Together, we can continue to empower Malaysians to make informed financial decisions, while enabling them to enjoy a hassle-free and secure share trading experience.”
Featured image: Alan Ni, Chief Executive Officer of TNG Digital Sdn Bhd (left); Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia (centre); and Nurjesmi Mohd Nashir, Chief Executive Officer of Affin Hwang Investment Bank Berhad (right) at the Memorandum of Collaboration signing ceremony.
