TrueMoney wallet launches Start Invest app for savers
TrueMoney, Thailand’s leading e-wallet platform, has partnered with Ascend Wealth to launch “Start Invest”, a service that allows users to open a mutual fund account and start trading.
The move will give more than 15 million users of the TrueMoney Wallet app, most of whom have never invested, opportunities to invest for the first time.
The company expects the move to bring 600,000 new accounts, boosting investments in 2021.
Initially, Start Invest offers more than 600 mutual funds from 10 leading asset management firms in Thailand. More funds will be added in the future.
