To make investing easier for Malaysians, Moomoo Malaysia integrates with GXBank

Grab-backed digital bank GXBank is integrating with investment and trading platform Moomoo Malaysia to make investing easier for Malaysians.

The partnership intends to give Malaysians a more convenient, easy, and inclusive way to invest in their financial futures, according to a statement released by Moomoo on Wednesday.

Through the strategic partnership, both businesses will create a smooth integration that will allow GXBank clients to start investing and make immediate deposits and transfers to their Moomoo accounts.

The collaboration reflects a common goal of enabling Malaysians to confidently and easily take charge of their financial futures.

This integration removes common obstacles to investing by linking GXBank accounts directly to Moomoo, enabling users to move smoothly from saving to accumulating wealth.

This expedited procedure guarantees that GXBank clients can take advantage of investment opportunities without needless delays, offering a quicker and more practical means of expanding their financial holdings.

“Since our launch in Malaysia earlier last year, we’ve seen a growing demand for tools that simplify investing while delivering real value,

“The ability to connect GXBank accounts directly to moomoo not only reduces friction but also empowers users to act on market opportunities without delays,” said Ivan Mok, Chief Executive Officer of Moomoo Malaysia.

This collaboration also reflects their shared commitment to promoting informed investing, he said.

“With our suite of data-driven insights, from visualized financials to intelligent screeners, users can make decisions with confidence and clarity,

“Together, we’re enabling Malaysians to take meaningful steps toward their financial goals,” he added.

According to GXBank CEO Pei-Si Lai, who echoed Mok, this collaboration is in line with their objective of assisting Malaysians in reaching their objectives and motivating them to take charge of their financial future.

“Navigating one’s finances can be daunting, which is why we’re committed to making financial management more accessible for everyday Malaysians,” she said.

She added that by giving Malaysians access to financial resources and special benefits, this collaboration is enabling them to manage their money more easily and confidently.

“In line with our GX 2.0 focus, we are doubling down on innovations, features, and partnerships that will uplift our customers’ financial welfare,

“One million Malaysians are banking with us and have created more than 900,000 savings pockets. The partnership with Moomoo will provide our customers with more alternatives to their money management,” she added.

With professional-grade tools, comprehensive market data, and knowledgeable insights, Moomoo Malaysia is a digital investment platform that aims to empower investors of all skill levels.

It is a division of Moomoo, a company listed on the Nasdaq and a global partner of the Nasdaq and NYSE. The digital bank GXBank opened for business on September 1, 2023.