𝐆𝐂𝐚𝐬𝐡 𝐩𝐢𝐨𝐧𝐞𝐞𝐫𝐬 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭, 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 𝐟𝐨𝐫 𝐦𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐨𝐟 𝐟𝐢𝐫𝐬𝐭-𝐭𝐢𝐦𝐞 𝐮𝐬𝐞𝐫𝐬

 𝐆𝐂𝐚𝐬𝐡 𝐩𝐢𝐨𝐧𝐞𝐞𝐫𝐬 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭, 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 𝐟𝐨𝐫 𝐦𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐨𝐟 𝐟𝐢𝐫𝐬𝐭-𝐭𝐢𝐦𝐞 𝐮𝐬𝐞𝐫𝐬

𝙇𝙚𝙖𝙙𝙞𝙣𝙜 𝙛𝙞𝙣𝙖𝙣𝙘𝙚 𝙖𝙥𝙥 𝙧𝙚𝙥𝙤𝙧𝙩𝙨 𝙤𝙫𝙚𝙧 800,000 𝙂𝙎𝙩𝙤𝙘𝙠𝙨 𝙋𝙃, 10.9𝙈 𝙂𝙎𝙖𝙫𝙚 𝙪𝙨𝙚𝙧𝙨

(left to right) AB Capital Head of Research Hazel Tan and GCash VP & Group Head for Wealth Management and New Businesses Winsley Bangit

The introduction of stock investment and savings accounts as in-app features of GCash, the country’s leading e-wallet, has rapidly democratized access to these wealth-building digital finance tools for millions of first-time users.

In just less than a year since its launch, GStocks PH, powered by AB Capital Securities Inc. has made a significant impact in the lives of Filipinos, with over 800,000 registered users. This number grows daily, reflecting increasing interest in stock market engagement.

“This milestone underscores GCash’s commitment to making investment opportunities more accessible to Filipinos across the country. In addition, through GStocks PH, GCash has helped boost the number of Philippine Investors where 1 in 5 PSE accounts trade via the app,” said Winsley Bangit, GCash Vice President and Group Head of Wealth Management and New Businesses.

With GStocks PH simplifying stock investments, users can easily buy shares from companies listed on the Philippine Stock Exchange (PSE) for less than PHP 1000.00, as well as navigate the stock market with ease. They can invest in over 280 local companies directly through the GCash app.

Recently, the GCash organized the first-ever GStocks PH Connect, gathering users of the feature for its first anniversary to build a supportive network of traders. On top of the freebies, games, and good food, the invited users had access to exclusive market insights and stock investment tips from AB Capital’s Head of Research Hazel Tan.

GStocks PH team holds anniversary event for users giving them exclusive access to market outlook and insights

There, the GStocks PH team also revealed that the service has enabled users to create wealth of about P12 million in gains as of the end of July 2024.

GCash’s commitment to financial inclusion extends beyond stock investments. Recently, the GSave Tab within the app’s dashboard has streamlined savings management for 10.9 million users.

“GCash has been known for championing financial inclusion, especially for the unbanked and underbanked. Together with our current GSave partners, namely, BPI, CIMB, UNO Digital Bank, and Maybank, we want to enable more Filipinos to build their wealth and achieve their financial goals,” Bangit said.

For more information, visit https://new.gcash.com/services/gstocks-ph and https://new.gcash.com/services/gsave.

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𝐀𝐛𝐨𝐮𝐭 𝐆𝐂𝐚𝐬𝐡

GCash is the Philippines’ #1 Finance Super App. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.

GCash is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.

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