PNB launches Malaysia's first micro investing mobile app

In her opening remarks, PNB group chairman Tan Sri Dr Zeti Akhtar Aziz said the app is another initiative that leverages digital experience to encourage Malaysians to save and invest.

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has launched Raiz, Malaysia’s first innovative micro investing mobile application (app), which enables Malaysians to invest from as low as RM5.

Speaking at the virtual launch of the app here today, PNB president and group chief executive Ahmad Zulqarnain Onn said it aimed to secure more than 60,000 sign-ups for the app by year-end, adding that the app currently has 15,000 users.