Dragon Capital Vietnam shakes hands with MoMo, the first time users can buy and sell fund certificates directly on e-wallets
Dragon Capital Vietnam Fund Management JSC and Online Mobile Services JSC (the owner of the MoMo brand) officially signed a strategic cooperation agreement to deploy fund certificate investment products.
With this cooperation, for the first time, open-ended fund certificates are traded right on the e-wallet. Accordingly, users can open accounts, buy and sell fund certificates directly with Dragon Capital through MoMo’s platform quickly and easily with many options depending on investment taste.
According to the cooperation agreement, MoMo is a platform to help connect investment needs and is a payment solution for users in buying/selling open-ended fund certificates managed by Dragon Capital. Specifically, in less than 1 minute, investors were able to open a fund certificate trading account without having to go to the transaction counter directly.
In addition, with the ability to pay for fund certificates directly with MoMo Wallet money, investors do not have to open additional bank accounts or bear transfer fees (if any) when depositing investments. This is the effort of both Dragon Capital and MoMo in providing the most convenient investment experience, contributing to the “popularization” of investment products that are unfamiliar to many Vietnamese.
In particular, when investing in Dragon Capital Fund Certificates on MoMo, the investor is the owner, directly in the name of the Fund Certificate purchased by him or her, and is fully guaranteed the interests of an investor at Dragon Capital. .
In the initial phase of implementation, users can invest in 4 Open Funds managed by Dragon Capital on MoMo, including: DCDS Balanced Fund, DCBC Stock Fund, DCBF Bond Fund, and DCIP Bond Fund.
“This can be considered a breakthrough event in Vietnam’s financial industry when an experienced fund management company joins hands with a leading financial technology unicorn to bring rich and diverse investment products. for more than 31 million active users“, said Ms. Luong Thi My Hanh, Domestic Block Asset Management Director of Dragon Capital Vietnam.
“It is also a new trend happening in developed countries when traditional fund management companies combine with dynamic fintech companies to optimize the strengths of the two sides.”
Before integrating the Fund Certificate product, MoMo’s “Investment Floor” had two popular services: Online Savings (in partnership with Viet Capital Bank) and Than Tai Bag (in partnership with Finsight, operated by Management Joint Stock Company). fund manager Thien Viet investment management and Vietcombank depository).
Before MoMo, Viettel Money used to deploy the feature of investing in fund certificates on the app, but it was an indirect investment through SaveNow, introduced as a currency investment application founded by experienced Vietnamese people. seniority in the financial market, managed by Viet Tin Technology and Telecommunications Services Co., Ltd.
Following the Economic Lifestyle
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
