Wealthface unveils Advanced Investing App for the Middle East and the US

Facebook
Twitter
LinkedIn
Within the preceding year during 2020 the Assets under management in the Middle East territory got raised up by 11% to touch at $1.2trln
Within the preceding year during 2020 the Assets under management in the Middle East territory got raised up by 11% to touch at $1.2trln

Wealthface, an investment management firm, announced recently unveiling its Invest App for passive investors in the Middle East and in the United States on Android as well as IOS Platforms.

Wealthface offers expert investment services via blended investment prospects, advanced FinTech, as well as professional human expertise. Licensed with the U.S Securities and Exchange Commission (SEC), and the ADGMโ€™s Financial Services Regulatory Authority (FSRA).

The recent partnership with the US heavyweights \”Drivewealth\” will empower Wealthface clients to have access to their portfolios on an everyday basis and have their own free monthly statement.

As per the Wealthface sources, the user-friendly platform is currently available as a Web and App (Apple Store & Google Play Store), thus offering retail clients the possibility to start investing with no account fees and the ability to start investing with no minimum costs.

Clients can also have access to their portfolio, benefit from portfolio-free rebalancing, so that they can offer it directly to the market utilizing the cutting-edge technology.

Wealthface recently announced its new product, Face X. This launch of Face X came in response to user demand for more accessible and smoother transfer services, allowing local free transfers in AED, without any wire transfer charges or any transfer fees using multiple methods.

Adding this feature did not reflect a change in the platform\’s brokerage system as they have collaborated with leaders in the field to leverage the tool with the most advanced technology.

As per the firmโ€™s announcement, The Wealthface platform offers investors multiple types of accounts related to their financial objectives like Retirement, Education, Building Wealth and multiple selections of portfolios based on the client risk level, an option typically unavailable for retail clients, to start investing at low cost without any hidden or trading fees.

Bilal Majbour, Founder and Chief Executive Officer of Wealthface stated: โ€œOur mission at Wealthface is to provide the end-users a secure online investment App and let them enjoy their life while we take care of their investments. We have made sure to develop something simple, safe, and easy to use so that any user can open an account within minutes and start investing at a low cost. We exist to solve the problems that users have faced for many years and make sure to create awareness and education for investors during their investment journey.โ€

This comes from their proposed conventional path of funding accounts by wire transfer, in addition to many other options put in places like that of the wire transfer, credit cards, TransferWise, and Western Union. In addition to the innovation, Wealthface\’s vision is to offer everything possible to keep the investment easier and accessible to everyone, everywhere at a lower budget.

Share.

RELATED POSTS

Roberto Hoornweg, Co-Head of Global Corporate & Investment Banking division and CEO of Europe, Americas, Africa & Middle East at Standard Chartered, and Robert McAnally, SVP-Head of Treasury & Corporate Finance at Siemens Energy. Image Courtesy: Standard Chartered
Standard Chartered Launches Multi-Country Sustainability Trade Finance Facility for Siemens Energy
RAKBANK has announced a strategic partnership with Faturalab, a leading provider of smart supply chain solutions, to transform supply chain finance for businesses across the UAE. Image courtesy: RAKBANK
RAKBANK Partners with Faturalab in the GCC to Boost Supply Chain Finance
GIB net profit attributable to shareholders was $8.4 million, representing a 52% drop from $17.6 million in the same period last year. Image courtesy: GIB
GIB Reaches USD 134mn net Profit Attributable to Shareholders

LATEST POSTS

Mehtap Onder, Managing Director, Fasset. (Image Courtesy: Fasset)
BankDhofar has signed a landmark Memorandum of Understanding with Taageer Finance Company SAOG, one of Omanโ€™s leading non-banking financial institutions. Image courtesy: BankDhofar
ITU will provide digital skills training content to the DTCs. Image Courtesy: Airtel
Representational Image (Image Courtesy: cosmos taken from Freepik)