GCash Expands Retail Investor Base in Philippine Capital Markets
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Mynt is the parent company of GCash, which utilizes AB Capital Securities to connect retail investors to the local capital markets. The in-app stock platform, GStocks PH, currently serves over two million users through AB Capital Securities Inc. This allows ordinary consumers to invest digitally through the GCash app, promoting financial inclusion in the digital finance space.
From manilatimes.net
Why it matters
The scale-up of online investing reflects a broader shift toward digital platforms that reduce barriers to market participation. By drawing in retail investors through the GCash app, the platform contributes to the growth of online retail accounts at the Philippine Stock Exchange.
AB Capital Securities and GStocks PH facilitated the offering of Arthaland shares via the GCash app in Manila.
From manilatimes.net