Fintech

Invesko raises $1.6M seed to be the go-to investment app for Gen Z in Southeast Asia

August 27, 2024

Invest with Invesko! This Philippine-founded investment platform is here to be the go-to investment app for Gen Z in Southeast Asia. Now, they’re announcing their $1.6M seed.

  • They launched in May 2024 and claim to have over 20k investors aged 18-29.
  • They’re available in 150 countries across Apple’s App Store and Google Play.

Investor check. TNB Aura’s Scout Initiative, 500 Southeast Asia, Kaya Founders, and Foxmont Capital Partners joined in!

💰 Stock-ing up

Sign up in less than 5 minutes and buy either US stocks or ETFs with just three taps for as little as $1! They’ll keep fees low for funding, trading, and subscriptions.

  • They offer access to these stocks and ETFs through a partnership with a broker-dealer.
  • Their global stocks are SIPC-protected up to $500,000, covering brokerage firm failure.
  • They offer cash and stock rewards to their users through their rewards program.

They’re also looking to expand to local stocks, like Philippine stocks, as well as other investment products.

🔜 Talking about the future

The new $$$ is to grow the team and develop their platform. They want to create a seamless app where users can grow and manage every part of their wealth in one place.

  • You’ll potentially see features spanning US stocks, local stocks, automated investment products, a high-yield USD cash account, and more.

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