- Stimulates choice, financial addition to all Touch ‘n GO eWallet customers
- To disrupt investment decision landscape, customers can from US$2. 24
Touch ‘n Move group has launched GOinvest, its amazing digital investment platform accessed through Contact ‘n Go eWallet.
Within a statement, the group stated GOinvest promotes option and financial addition on a secure platform open to all Contact ‘n GO eWallet users.
Eventually GOinvest will enable almost all Touch ‘n Move eWallet users to get into and choose from a variety of thoroughly curated expenditure products, earning returns and accumulating financial savings in the process, it stated.
Alan Ni, chief executive officer (CEO) of TNG Digital Sdn Bhd said GOinvest is set to disrupt the investment landscape exactly where conventional investment items are intended only for people who can afford larger expenditure sums.
“GOinvest caters to the affordability of everyday Malaysians, offering investment decision products which are low-ticket and easy to understand, and simplifying the expense process.
“The innovation and technology deployed by means of Touch ‘n Move eWallet allow Malaysians the flexibility of investing anytime, anywhere, ” he said.
GOinvest’s first product offering is the Principal Islamic Money Market Fund which is developed and managed by Primary Asset Management Berhad.
Touch ‘n Proceed eWallet users, elderly 18 years and above, can start investing as little as US$2. 24 (RM10) in the Shariah-compliant fund.
According to Touch ‘n Go team, there is no lock-in period or cap for the investment balance as compared to other conventional deposit products.
It stated users may also decide to set their private financial goals, such as for a dream wedding, dream car, schooling, or vacation, as this would help them to focus on and accomplish their investment targets.
Munirah Khairuddin, CEO and country head of Principal Malaysia, said the company empathises with and understands the challenges faced by society under the present economic conditions.
“Our continued partnership along with Touch ‘n Proceed group, this time through GOinvest, means a good deal to us as it allows us to offer inexpensive investment solutions that could be conveniently accessed simply by all Malaysians.
“The Principal Islamic Money Market Fund is a low-risk fund which offers extensive returns to investors to help them construct enough savings among future inflations, ” she claimed.
Touch ‘n Go group continues to be progressively offering lending options and services, like investments, insurance, financing, and payments solutions, which are specially tailored to offer value plus convenience to the Malaysian public.
“It was obviously a natural progression for all of us to offer investment options through GOinvest as our next step within expanding our suite of digital financial offerings.
“With this, Touch ‘n Go eWallet users can now have access to a wider range of expenditure solutions and can also now use all of us to address their financial savings profile, ” he said.
Users will be able to look forward to more exciting investment products on GOinvest in the coming weeks.
Click here to learn more and updates about GOinvest.
To learn more about financial savings and investment, go to the knowledge centre in www.principal.com.my