- Invesko raises $1.6M for Gen Z-focused investment app
- Platform offers easy US stock trading and plans expansion
- Company targets seamless wealth management for young Southeast Asian investors
Young Money, Big Dreams
Philippine-based investment platform Invesko has raised $1.6 million in seed funding to become the go-to investment app for Gen Z in Southeast Asia.
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Since its launch in May 2024, the app has attracted over 20,000 investors aged 18-29 and is available in 150 countries on both Apple’s App Store and Google Play.
Stocks Made Simple
Invesko offers a user-friendly experience, allowing sign-ups in under 5 minutes and stock purchases in just three taps. Users can invest in US stocks and ETFs for as little as $1, with low fees for funding, trading, and subscriptions.
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The platform also boasts SIPC protection for global stocks and a rewards program offering cash and stock incentives.
Building a Financial Powerhouse
With fresh funding from TNB Aura’s Scout Initiative, 500 Southeast Asia, Kaya Founders, and Foxmont Capital Partners,
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Invesko plans to expand its team and enhance its platform. The company aims to create a comprehensive wealth management app, potentially including features like local stock trading, automated investment products, and a high-yield USD cash account.