yugatech x infinix
Home » News » Maya launches Maya Stocks: A hassle-free PSA stocks trading feature in-app

Maya launches Maya Stocks: A hassle-free PSA stocks trading feature in-app

Maya is shaking up the investment landscape with the launch of Maya Stocks, the country’s first-ever retail stock trading platform integrated within a digital banking app.

Maya X Pse Fi

This groundbreaking service allows Filipinos to invest in over 280 publicly listed companies on the Philippine Stock Exchange (PSE) with just a few clicks on their phones.

Maya Stocks eliminates the need for traditional brokerage accounts and empowers users to buy, sell, and manage shares directly within the Maya app, alongside their existing savings, borrowing, and spending features.

Maya Stocks feature overview

Seamless Access: Invest anytime, anywhere through the Maya app’s marketplace. Users can initially choose Philstocks as their partner broker, with 2TradeAsia, DragonFi, and Seedbox joining soon.

They can also select their preferred broker and investment terms for a personalized experience.

Real-Time Transactions: Maya facilitates instant cash-in and withdrawal for stock transactions, allowing users to manage their investments in real-time.

Integrated Wealth Building: Earnings from Maya Stocks can be reinvested into other Maya Invest products like Maya Save, Maya Funds, or used for daily needs – all within the app. Frequent transactions also build users’ digital footprint, unlocking access to loans.

Democratizing Investment

Maya Stocks aims to bridge the gap in the Philippine investment landscape, where only 1% of adults invest in stocks. By making the process simpler, faster, and more accessible, Maya hopes to empower Filipinos to take control of their financial future and build wealth through the stock market.

Maya, the Securities Exchange Commission (SEC), PSE, and their partner stockbrokers came together in a symbolic ceremony to mark the launch of Maya Stocks.

Maya Launches Hassle Free Trading Of Pse Stocks 1 (yuga Fi)

IN PHOTO: [Sitting, L-R] Maya Group President Shailesh Baidwan; Maya CEO Orlando Vea; SEC Commissioner Kelvin Lester Lee; PSE President and CEO Ramon Monzon; SEC Commissioner Mcjill Bryant Fernandez; SEC Director Graciano Felizmenio, Jr. [Standing, L-R] Maya Chief Product Officer Mitch Padua; 2TradeAsia Executive Vice President Chase Yap; SEC Asst. Director Emma Valencia; SEC Securities Examiner Ellaine Grace Vinluan; SEC Securities Examiner Alfred Competente; Maya Head of Invest Alvin Wong; SBI Holdings Inc. Philippine Chief Representative Yujin Otsuka for Seedbox; DragonFi CEO Jon Carlo Lim; Philstocks Chief Revenue Officer Joseph Tarrobal

“We’re pioneering a new era of access to investments – making it simpler, faster, and more seamless,” said Shailesh Baidwan, Maya Group President and Co-Founder of Maya Bank.

“With Maya Stocks, we are transforming the Philippine investment landscape with instant transactions and all-in-one digital banking experience, accelerating the nation’s journey towards broader investment ownership.

“Congratulations to SEC for its progressive moves in driving capital development and financial literacy.”

“The SEC is committed to providing Filipinos greater access to legitimate investments. To this end, we welcome innovations and, at the same time, remain vigilant and proactive in protecting the investing public,” said SEC Chairperson Emilio B. Aquino.

“The PSE welcomes and supports the launch of Maya Stocks, through Maya and its partners. Your partnership serves as a strong ally of both SEC and PSE not only in investor education, but more importantly, in providing a solution to potential retail investors,” said PSE President and CEO Ramon Monzon.

Baidwan anticipates that Maya Stocks will further deepen digital adoption, especially among bank customers who already engage 2 to 4 times more than those using only e-wallets.

Maya Stocks availability

Opening the market doors on December 15th, Maya Stocks joins Maya Invest’s suite of wealth-building products, bringing Filipinos instant access to over 280 listed companies right from their phones.

Just like Maya Funds (investing from PHP50USD 0.85INR 72EUR 0.81CNY 6) and Maya Crypto (starting at PHP1USD 0.02INR 1EUR 0.02CNY 0.12), Maya Stocks empowers everyone, from seasoned investors to curious newcomers, to take control of their finances with a few clicks.

JM Chavaria
JM Chavaria
JM's highest stat is probably his curious ardor to anything tech—electronics and gaming in particular. He certainly heeds utmost regard to specsheet, visuals, and rule of thirds. If creativity and wit sometimes leave JM's system, watching films, anime and a good stroll for memes are his approved therapeutic claims.
  1. PSA stocks?

Leave a Reply

Your email address will not be published. Required fields are marked *

Maya launches Maya Stocks: A hassle-free PSA stocks trading feature in-app » YugaTech | Philippines Tech News & Reviews

Yearly Device Database

Smartphone pricelist Philippines 2024

Smartphone pricelist Philippines 2023

Smartphone pricelist Philippines 2022

Smartphone pricelist Philippines 2021

Smartphone pricelist Philippines 2020

Popular Topics

What We Do

YugaTech | Philippines Tech News & Reviews
© 2024. All Rights Reserved.