PNB launches micro-investing mobile app


(From left): Maybank Group president and CEO Datuk Abdul Farid Alias, PNB Group chairman Tan Sri Dr. Zeti Aziz and president and group chief executive Ahmad Zulqarnain Onn at the virtual launch of micro-financing app Raiz

PETALING JAYA: Permodalan Nasional Bhd (PNB) has launched Raiz, a micro-investing mobile application (app) that allows Malaysians to invest from as little as RM5.

The Raiz app is a joint venture between PNB subsidiary Jewel Digital Ventures Sdn Bhd (JDV) and Raiz Invest Australia Ltd (Raiz Invest), a subsidiary of ASX-listed Raiz Invest Ltd, which provide users a convenient platform to automatically invest their spare change in Amanah Saham Nasional Bhd’s (ASNB) unit trust scheme under PNB.

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