RoboInvestment Service launched by OCBC Bank.

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OCBC Bank

OCBC: Singapore’s OCBC Bank launched efficient RoboInvestment Service partnership with technology from WeInvest’s a local startup.

  • After 9 month of trail workshop partnership with WeInvest and the bank’s fintech and innovation unit, The Open Vault the live was launch.
  • OCBC RoboInvest requires $3500 of intial investment amount, mainly target investors are young tech-savy.
  • Customer are given with an option of 28 diverse portfolios of equities and exchange  funds across six markets i.e. technology,real-estate,FMCG,property,healthcare and F&B.
  • RoboInvest works on algorithm which monitor performance inorder to re-balance investments and alert users to changing economic indicators.