- 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.
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.
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,
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.