Maya is shaking up the investment landscape with the launch of Maya Stocks, the country’s first-ever retail stock trading platform integrated within a digital banking app.
This groundbreaking service allows Filipinos to invest in over 280 publicly listed companies on the Philippine Stock Exchange (PSE) with just a few clicks on their phones.
Maya Stocks eliminates the need for traditional brokerage accounts and empowers users to buy, sell, and manage shares directly within the Maya app, alongside their existing savings, borrowing, and spending features.
Maya Stocks feature overview
Seamless Access: Invest anytime, anywhere through the Maya app’s marketplace. Users can initially choose Philstocks as their partner broker, with 2TradeAsia, DragonFi, and Seedbox joining soon.
They can also select their preferred broker and investment terms for a personalized experience.
Real-Time Transactions: Maya facilitates instant cash-in and withdrawal for stock transactions, allowing users to manage their investments in real-time.
Integrated Wealth Building: Earnings from Maya Stocks can be reinvested into other Maya Invest products like Maya Save, Maya Funds, or used for daily needs – all within the app. Frequent transactions also build users’ digital footprint, unlocking access to loans.
Democratizing Investment
Maya Stocks aims to bridge the gap in the Philippine investment landscape, where only 1% of adults invest in stocks. By making the process simpler, faster, and more accessible, Maya hopes to empower Filipinos to take control of their financial future and build wealth through the stock market.
Maya, the Securities Exchange Commission (SEC), PSE, and their partner stockbrokers came together in a symbolic ceremony to mark the launch of Maya Stocks.
“With Maya Stocks, we are transforming the Philippine investment landscape with instant transactions and all-in-one digital banking experience, accelerating the nation’s journey towards broader investment ownership.
“Congratulations to SEC for its progressive moves in driving capital development and financial literacy.”
“The SEC is committed to providing Filipinos greater access to legitimate investments. To this end, we welcome innovations and, at the same time, remain vigilant and proactive in protecting the investing public,” said SEC Chairperson Emilio B. Aquino.
“The PSE welcomes and supports the launch of Maya Stocks, through Maya and its partners. Your partnership serves as a strong ally of both SEC and PSE not only in investor education, but more importantly, in providing a solution to potential retail investors,” said PSE President and CEO Ramon Monzon.
Baidwan anticipates that Maya Stocks will further deepen digital adoption, especially among bank customers who already engage 2 to 4 times more than those using only e-wallets.
Maya Stocks availability
Opening the market doors on December 15th, Maya Stocks joins Maya Invest’s suite of wealth-building products, bringing Filipinos instant access to over 280 listed companies right from their phones.
Just like Maya Funds (investing from PHP50) and Maya Crypto (starting at PHP1), Maya Stocks empowers everyone, from seasoned investors to curious newcomers, to take control of their finances with a few clicks.
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