Daily Markup

Daily Markup #748: Bukalapak’s investment app teams up with securities firm to provide equal opportunities for Indonesians to invest easily and safely

May 22, 2023 · 2 min read
Credit: DailySocial

Investment made easy

  • Here’s a first-of-its-kind Indonesian partnership for the first day of the week: 500-backed e-commerce company Bukalapak’s investment app, BMoney, teamed up with CGS-CIMB Sekuritas Indonesia, a rare collaboration between a tech platform and a securities company in the country!
  • The two companies launched a new feature, structured to help investors grow their assets.
  • BMoney Privilege users can now buy and sell shares of various companies in Indonesia, and those in the investor priority program can access diversified offerings – such as gold, stocks, mutual funds, and alternative investments – and investment support from an experienced relationship manager.
  • BMoney Privilege provides access to portfolios, real-time data insights, the latest stock market news, support from marketers, opportunities to expand the network, as well as investment options including mutual funds from various asset classes.
  • Victor Lesmana, Chief Executive Officer of BukaFinancial & Commerce, shared that the goal is to provide equal opportunities for everyone through the power of technology, including the opportunity to invest easily and safely.
  • “BMoney is our platform to realize this passion and mission,” he said, adding that it can provide inclusive services for more Indonesians who have various investment needs.
  • Since launching in 2020, BMoney has been used by nearly one million investors and it manages over US$67.5M.
  • Read the full story on TechNode Global.
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