PNB Teams Up With Raiz To Launch an App That Helps You Invest Your Spare Change

Permodalan Nasional Berhad (PNB) introduced on Thursday the release its micro-investing app Raiz.

Raiz is a micro making an investment cell app which utilises customers’ digital spare alternate from rounding up on a regular basis purchases to proactively make investments into ASNB’s variable worth finances in accordance with personalized funding portfolios. This can be a distinctive approach for customers to profit from each cent being spent, the residual of which will also be stored and invested. With the exception of this round-up funding, customers can select to speculate the usage of lump-sum investments in addition to routine investments.

It advanced as a three way partnership between PNB’s susbsidiary Jewel Virtual Ventures and Raiz Invest Australia. In a commentary, they stated that Raiz objectives to offer unit holders with a “handy platform to proactively save and put money into Amanah Saham Nasional Berhad (ASNB) unit agree with finances” and is first of all best to be had for Maybank account holders.

Unit holders can get started their funding adventure by means of downloading the Raiz cell app and linking it to their Maybank debit playing cards. They may be able to then authorise Raiz to around up on a regular basis purchases made the usage of their playing cards and make investments the spare alternate.

PNB Staff Chairman, Tan Sri Dr. Zeti Aziz shared that Raiz in Malaysia started when one of PNB’s younger abilities, Aidi Izham Mohd Khalil, who’s now the Leader Govt of Raiz Malaysia Sdn Bhd, pitched his thought at the once a year PNB Innovation Problem. His pitch was once at the construction of a cell application that may routinely make investments spare alternate from day-to-day purchases.

Tan Sri Dr. Zeti Aziz

Tan Sri Dr. Zeti Aziz

Tan Sri Dr. Zeti Aziz added,

“With the release of the Raiz app and with greater than 90% of Malaysians the usage of the smartphone, it approach that virtually any individual can get started making an investment on this approach. Because the pronouncing is going, ‘Sikit-sikit lama-lama jadi bukit’. In nowadays’s technological age, we not want to save in coin packing containers, as a substitute we will do it with Raiz.”

Datuk Abdul Farid Alias

Datuk Abdul Farid Alias

Staff President and Leader Govt Officer of Maybank, Datuk Abdul Farid Alias, added,

“This partnership supplies a platform for Maybank shoppers to be fascinated with micro making an investment in ASNB unit agree with finances in a easy and hassle-free way. We are hoping that this may occasionally enchantment to the more youthful phase and also will inspire others to avoid wasting and make investments.”

Featured Symbol: screengrab from PNB Legitimate Fb web page

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