Mox redefines digital wealth management in Hong Kong

20/12/2023News

Mox, the leading virtual bank in the region, has officially launched Mox Invest, redefining the digital wealth management landscape. As the first virtual bank in Hong Kong to offer U.S. and Hong Kong equity trading, Mox Invest is now available to existing customers through a phased invitation system.

Barbaros Uygun, Mox Bank CEO, emphasized the bank's commitment to enhancing the user experience in wealth management. He stated, "Mox Invest brings our award-winning user experience and convenience to the wealth management sector, offering customers an easier route to start their investment journey."

Mox Invest mirrors the user-friendly design of the popular Mox app, enabling customers to trade Hong Kong equities or build U.S. stock portfolios with just a few taps. Mox stands out as the first bank in Hong Kong to introduce U.S. fractional securities trading. Customers can also earn interest on idle funds while preparing for strategic investments.

In collaboration with Allianz Global Investors Asia Pacific Limited (AllianzGI), Mox Invest introduces an exclusive fund with a minimal HKD1 investment. Accessible only through the Mox app, this fund empowers customers to explore investments with AllianzGI's risk management expertise.

The phased rollout ensures that existing Mox customers can gradually access this revolutionary wealth management solution by registering early. Mox Invest not only signifies a major advancement in virtual banking but also underscores Mox's commitment to providing innovative and accessible financial solutions. As digital wealth management evolves, Mox leads the way, ushering in a new era of financial possibilities.

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