Moomoo Malaysia, an investment and trading platform, is partnering with Grab-backed digital bank GXBank for integration to simplify investing for Malaysians.

Moomoo said in a statement on Wednesday that the partnership aims to empower Malaysians with a more accessible, seamless, and inclusive way to invest in their financial futures.

The strategic partnership will see both companies forming a seamless integration to enable GXBank customers to make instant transfers / deposits to their Moomoo account and begin investing.

The partnership reflects a shared vision to empower Malaysians to take control of their financial futures with ease and confidence.

By connecting GXBank accounts directly to Moomoo, this integration eliminates the common barriers to investing, allowing users to transition seamlessly from saving to building their wealth.

This streamlined process ensures GXBank customers can access investment opportunities without unnecessary delays, providing a faster and more convenient way to grow their financial portfolios.

“Since our launch in Malaysia earlier last year, we’ve seen a growing demand for tools that simplify investing while delivering real value,

“The ability to connect GXBank accounts directly to moomoo not only reduces friction but also empowers users to act on market opportunities without delays,” said Ivan Mok, Chief Executive Officer of Moomoo Malaysia.

According to him, this partnership also reflects their shared focus on supporting informed investing.

“With our suite of data-driven insights, from visualized financials to intelligent screeners, users can make decisions with confidence and clarity,

“Together, we’re enabling Malaysians to take meaningful steps toward their financial goals,” he added.

Echoing Mok, Pei-Si Lai, Chief Executive Officer of GXBank shared that this partnership is aligned with their mission to encourage Malaysians to be more proactive in their financial future and help them achieve their goals.

“Navigating one’s finances can be daunting, which is why we’re committed to making financial management more accessible for everyday Malaysians,” she said.

She also said through this partnership, they are providing access to financial tools and exclusive rewards, empowering Malaysians to take charge of their finances with greater confidence and ease.

“In line with our GX 2.0 focus, we are doubling down on innovations, features, and partnerships that will uplift our customers’ financial welfare,

“One million Malaysians are banking with us and have created more than 900,000 savings pockets. The partnership with Moomoo will provide our customers with more alternatives to their money management,” she added.

Moomoo Malaysia is a digital investment platform designed to empower investors of all levels with professional-grade tools, in-depth market data, and expert insights.

It is a subsidiary of Moomoo, a Nasdaq-listed company and global partner of the NYSE and Nasdaq.

GXBank is a digital bank that commenced operation on September 1, 2023.

It is a subsidiary of GXS Bank Pte. Ltd., – the digital bank joint venture between Grab Holdings Limited and Singapore Telecommunications Limited (Singtel) – and a consortium of
other Malaysian investors, including Kuok Group.

#MoomooMalaysia #GXBankPartnership #DigitalBanking #InvestmentSimplified #FinancialEmpowerment