Mox Simplifies Digital Wealth Management With Official Launch of Mox Invest
Mox Invest is now available, and is being rolled-out to customers in phases. Mox customers can register to be one of the first to experience the Mox Invest equity trading service¹
Hong Kong, 20 December 2023 – Mox Bank Limited (“Mox”) officially launched Mox Invest, a new Mox service that redefines the investment experience. The launch makes Mox the first virtual bank in Hong Kong to offer trading services for U.S. and Hong Kong equities, and, simultaneously, a fund. Mox Invest is now available for existing customers by invitation in phases.
Barbaros Uygun, CEO of Mox Bank, said: “With Mox Invest, we are bringing our award-winning user experience and convenience to the wealth management sector. The smarter investment service offers our customers an easier route to start their investment journey.”
Mox Invest brings to wealth management the same user-friendly design philosophy that made the Mox app popular.² Mox Invest customers can trade Hong Kong equities or build U.S. stock equity portfolios, including through U.S. fractional securities trading, with just a few taps on the Mox app. Mox is the first bank in Hong Kong to offer U.S. fractional securities trading. At the same time, Mox Invest customers can continue to earn interest rates on their idle funds, allowing them to grow their wealth while waiting to invest.
In partnership with asset manager, Allianz Global Investors Asia Pacific Limited (AllianzGI), Mox Invest also makes available to customers an exclusive fund, with a minimum investment of as little as HKD1. With this fund, Mox Invest customers can try investing in a fund with risk management performed by AllianzGI. This fund is only available via the Mox app.
Register for a chance to gain early access to Mox Invest
Customers can register to become one of the first to experience Mox Invest on the Mox app. After registration, eligible customers will be invited to explore Mox Invest services in phases.
Stay tuned. We will announce more details about Mox Invest soon.
¹Terms and conditions apply. Existing eligible Mox customers with a valid Mox Account may register for early access to the Mox Invest equity trading service.
²As of 24 November 2023, Mox was the top-rated Hong Kong virtual bank app in Apple App Store in Hong Kong, scoring 4.8 out of 5.