GCash Pioneers Investment and Savings Access for Millions of First-Time Users

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

#GCash has revolutionized access to investment and savings tools for millions of first-time users by introducing stock investment and savings accounts as in-app features. With over 800,000 #GStocks PH users and 10.9 million #GSave users, GCash has rapidly democratized these wealth-building digital finance tools.

 Since its launch less than a year ago, GStocks PH, powered by AB Capital Securities Inc., has significantly impacted the lives of Filipinos, with over 800,000 registered users. This number continues to grow daily, reflecting the increasing interest in stock market engagement. Winsley Bangit, GCash Vice President and Group Head of Wealth Management and New Businesses, stated, “This milestone underscores GCash’s commitment to making investment opportunities more accessible to Filipinos across the country. Through GStocks PH, GCash has helped boost the number of Philippine investors, with 1 in 5 PSE accounts trading via the app.”

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

GStocks PH simplifies stock investments, allowing users to buy shares from companies listed on the Philippine Stock Exchange (PSE) for less than PHP 1000.00. Users can invest in over 280 local companies directly through the GCash app. To celebrate its first anniversary, GCash organized the first-ever GStocks PH Connect, gathering users to build a supportive network of traders. Attendees enjoyed freebies, games, and exclusive market insights from AB Capital’s Head of Research, Hazel Tan. The GStocks PH team revealed that users have created wealth of about PHP 12 million in gains as of the end of July 2024.

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

For more information, visit GStocks PH and GSave.

FAQ

Q: How many users does GStocks PH have?
A: GStocks PH has over 800,000 registered users.

Q: What is the minimum investment amount for GStocks PH?
A: Users can buy shares for less than PHP 1000.00.

Q: How many companies can users invest in through GStocks PH?
A: Users can invest in over 280 local companies listed on the Philippine Stock Exchange (PSE).

Q: How many GSave users are there?
A: There are 10.9 million GSave users.

Q: Who are GCash’s GSave partners?
A: GSave partners include BPI, CIMB, UNO Digital Bank, and Maybank.