Versa Asia, Affin Hwang AM launch digital cash management platform

TheStar Fri, Aug 14, 2020 02:45pm - 3 years View Original


Versa and Affin Hwang AM have also secured an MoU with a leading global payment network with over 50 million global touchpoints to work towards a real-time balance card linked to Affin Hwang AM’s money market funds.

KUALA LUMPUR: Versa Asia Sdn Bhd has teamed up with Affin Hwang Asset Management (Affin Hwang AM) to launch a new digital cash management platform.

In a joint statement issued on Friday, they said the plaform via a mobile app will allow Malaysians to earn returns on their hard-earn savings through money market funds that are professionally managed while enjoying the flexibility of accessing their money anytime.

Under a low-interest rate environment against the backdrop of the Covid-19 pandemic, cash management solutions offer security and accessibility to one’s cash without forgoing returns as one navigates through the current economic landscape.

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