In a groundbreaking achievement, Invesko, the innovative investment platform designed to democratize finance for the younger generation, announced recently that it has attracted over 12,000 new investors aged 18-29 since its launch in May 2024.
This rapid growth underscores the platform’s appeal and the shifting financial behaviors of young adults, eager for accessible and user-friendly investment opportunities.
Invesko demystifies the investment process and encourages financial literacy among young adults.
Invesko’s mission is clear: to make investing easy, accessible, and rewarding for a new generation of investors. The platform offers a unique blend of simplicity and incentives, aiming to demystify the investment process and encourage financial literacy among young adults.
Invesko: Making Investments Easier
Invesko stands out with its clean, intuitive interface, making it exceptionally easy for new users to navigate. The seamless onboarding process allows users to sign up and complete verification within minutes. As a welcoming gesture, new users receive free stock upon joining, a feature designed to spark interest and engagement.
The platform’s design prioritizes ease of use, enabling users to purchase their first stock with just three taps, and for as little as US$1. This straightforward approach caters to the preferences of a generation accustomed to mobile-first experiences, offering a frictionless way to enter the world of investing.
Investing Made More Accessible
Today, a significant number of Filipinos still get easily swindled from their hard-earned money through various elaborate scams. there are a number of reasons why Filipinos get scammed. These include getting enticed by high returns, wanting to earn money the easy way, and wanting to get rich quickly.
There is also the fear of missing out and the scarcity mindset wherein words like “limited slots only” can easily make people decide to pour their hard-earned money into unreliable “investment” opportunities.
In all these, financial literacy and understanding how to address financial barriers are key.
Understanding that financial barriers can deter young adults from investing, Invesko has eliminated common obstacles by offering no account minimums and zero commissions during its promotional period.
This accessibility is further enhanced by the platform’s mobile-first design, aligning with the 81% of young adults who prefer managing their finances through mobile apps.
Even after the promotional period, Invesko plans to maintain low fees for funding, trading, and subscriptions, ensuring that investing remains affordable for its user base. This approach not only democratizes access to investment opportunities but also positions Invesko as a go-to platform for young investors.
Investing Made More Rewarding
Invesko understands the challenges that young investors face, such as feeling overwhelmed by investment information and having limited funds.
To address these concerns, the platform offers a unique Rewards program, providing users with cash bonuses or free stocks as they continue to invest.
This not only incentivizes regular investment but also helps users build their portfolios without feeling intimidated.
Growing Investments with Invesko
Currently, the company offers access to a range of US stocks and ETFs, facilitated through a partner broker-dealer that ensures compliance and security, including SIPC insurance. This partnership provides users with a reliable and flexible brokerage experience, all within the convenience of the Invesko app.
Looking ahead, Invesko is poised to expand its offerings to include local stocks, further establishing itself as a comprehensive financial services provider.
The company’s founder, Miko Bantigue, envisions the company as the most trusted and culturally relevant investment app for Gen Z in Southeast Asia. “Our goal is to offer a seamless experience where users can manage all aspects of their wealth in one place,” Bantigue stated.
“We’re building a platform where users 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,’” he added.
The company is available in over 150 countries, and it is accessible via the Apple App Store and Google Play, offering a global platform for young investors to start their financial journeys.
More About Invesko
Invesko partners with licensed broker-dealers to offer its services, ensuring full compliance with applicable regulations. The platform does not directly provide broker-dealer services or offer securities. Prospective investors are encouraged to seek independent financial and legal advice before making any investment decisions. For more information, visit getinvesko.com.
This Press Release has also been published on VRITIMES