The Touch ‘n Go eWallet started as a place where users can store their money digitally. Then it added GO+ which lets users earn daily returns and GOpinjam where users can borrow money.
Recently Touch ‘n Go Group has launched a new feature in the app that lets users invest their money called GOinvest.
The proprietary digital investment platform lets Touch ‘n Go eWallet users – 18 and above – pick from a range of investment products and start investing for as low as RM10.
The first product in GOinvest is the Principal Islamic Money Market Fund which is developed and managed by Principal Asset Management Berhad (“Principal”). The Shariah-compliant fund is described as a low-risk fund with long-term returns.
According to Touch ‘n Go Group, there is no lock-in period or cap on the investment.
To make it more appealing, users can also choose to set their personal financial goals in the app.