Filipino-Founded Invesko Onboards 20,000 Gen Z Investors in Three Months

Singapore - August 21, 2024 - Invesko, a Filipino-founded investment platform, has grown to over 20,000 investors aged 18-29 within three months of its May 2024 launch. Supported by a $1.6 million seed round in early 2023 from regional VC firms like TNB Aura as part of its Scout Initiative, 500 Southeast Asia, Kaya Founders, and Foxmont Capital Partners, the funding has helped expand the team and develop the mobile investing platform. Designed for Gen Z investors, Invesko allows users to invest with no account minimums, invest in stocks for as little as $1, and earn rewards in cash and stocks as they build their financial future.

Investing Made Easy

With a simple design and intuitive interface, Invesko makes investing familiar and welcoming. Unlike complex platforms, Invesko offers an easy and rewarding onboarding process. Signing up takes less than 5 minutes, with free stock awaiting you when you complete verification. You can buy your first stock with just three taps for as little as $1. This simplicity aims to make Invesko the go-to mobile investing experience.

Investing Made Accessible

With 81% of young adults preferring to manage their finances via mobile apps, Invesko is designed as a mobile-first platform to meet this demand. It offers no account minimums and zero commissions during the promotional period, ensuring accessibility. Following the promotional period, Invesko will continue to keep fees low for funding, trading, and subscriptions.

Investing Made Rewarding

With over two-thirds of young investors feeling overwhelmed by investment information and around half citing insufficient funds as a barrier, starting to invest can be intimidating. Invesko addresses these concerns through its Rewards program, which offers cash bonuses or free stocks as users invest. By recognising and rewarding their commitment, Invesko helps transform hesitation into action, making early investment more accessible and appealing.

Grow Your Investments with Invesko

Invesko provides access to US stocks and ETFs through a partnership with a broker-dealer, offering exceptional brokerage features, flexibility, and SIPC insurance—all delivered via the user-friendly Invesko app. As part of its strategy to become a comprehensive financial services provider, Invesko is also expanding to include local stocks.

“Our vision is for Invesko to be the most trusted, lowest-cost, and culturally relevant investment app for Gen Z in Southeast Asia—the most tech-savvy and largest user base,” Invesko founder Miko Bantigue says. “Looking ahead, we aim to offer a seamless experience where users can grow and manage all aspects of their wealth in one place. We’re building a platform where they can easily transition between US stocks, local stocks, automated investment products, and a high-yield USD cash account. It will truly be ‘all my investments.’”

The app is available to customers in over 150 countries on the Apple App Store and Google Play.

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Invesko is not a securities broker and does not provide any broker-dealer services. We work with licensed partner broker-dealers to ensure compliance with all applicable regulations. Nothing in this press release should be construed as an offer or solicitation to buy or sell securities or other financial products in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Neither Invesko nor its partner broker-dealers hold the necessary licenses or registrations in such jurisdictions. Prospective investors should seek the advice of their own financial and legal advisors before making any investment decision.