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Moomoo expands footprint in Malaysia with Investment Super App

By Gloria Mathias

February 27, 2024

  • APAC news
  • fintech APAC
  • FinTech Malaysia
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Moomoo, Super App, Fintech News, FinTech Malaysia, Fintech News Malaysia, Fintech APAC, APAC News, Fintech Solutions, Super app, Moomoo, the all-in-one investment super app, has announced its launch in Malaysia. With the mission of promoting local financial innovation and empowering users, the company will provide Malaysian investors with a professional, reliable, and digitalized investment experience.

“Moomoo’s entry into Malaysia underscores our dedication to empowering various financial markets through technology. Through technology, we aim to promote information equality, make investment and wealth management more accessible, and create value for local investors and capital markets. Malaysia’s dynamic economy, coupled with recent policy support, has seen rapid development in its capital markets. With Moomoo’s participation, we hope to inject even more dynamism into the market,” said Robin Xu, Senior Partner, and Senior Vice President of Southeast Asia and Oceania at Futu Holdings Limited.

“Malaysia, with a relatively young population, has seen a growing interest in self-directed investing. The country’s commitment to technological development and innovation led us to choose it as the second destination for expanding our presence in Southeast Asia after Singapore. With Malaysia’s flourishing fintech landscape and supportive regulatory framework, there is a clear demand for innovative investment solutions. We are confident that we can replicate the success we have seen in Singapore here and work hand in hand with investors and market participants to further enhance Malaysia’s capital markets and financial infrastructure competitiveness on both the regional and international stage.” Xu added.

In addition to empowering local financial infrastructure, Moomoo Malaysia is also committed to making it easy for every investor to start their investment journey and secure their financial future. Through a suite of pro-level analytical tools, including Heatmap, Stock Screener, Institutional Tracking, and Market Monitor, Moomoo transforms the investment landscape through technological innovation.

Ivan Mok, CEO of Moomoo Malaysia, shared, “Our users benefit from unrestricted access to pro-grade tools and resources, typically associated with premium services. This reinforces our commitment to levelling the playing field, making self-directed investing simple, easy, and accessible to everyone, regardless of their experience level.”

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