Injap Sia wants more Filipinos to invest in stocks, launches DragonFi Lite on Maya app

September 3, 2024
2:31PM PHT

DragonFi has officially launched DragonFi Lite within the Maya app in a bid to simplify stock trading for Filipinos.

In a statement, the company said this collaboration is designed to make investing more accessible by eliminating traditional barriers to entry.

DragonFi Lite introduces several user-friendly features aimed at beginner investors. Notably, it requires no minimum deposit, allowing users to start investing with any amount they choose.

Additionally, the platform offers zero fees for both cash-ins and cash-outs, ensuring that users can maximize their investments without incurring extra costs.

Account setup is streamlined, with real-time digital account opening enabling users to begin trading in as little as 15 minutes.

DragonFi Lite is a new feature within the Maya app that makes stock trading in the Philippines easy and accessible./Contributed Photo

To accommodate various schedules, DragonFi Lite supports after-hours trading, providing more flexibility for users. It also includes educational resources through the DragonFi Investing Club and Creators Circle, where users can learn from top financial influencers and access exclusive investment ideas.

"The launch of DragonFi Lite marks a pivotal moment in our mission to expand our user base through strategic partnerships,” DragonFI co-founder Edgar “Injap” Sia II said in the statement. “By collaborating with Maya, we are making investing accessible to a broader audience, solidifying our commitment to financial inclusion in the Philippines." 

Starting today, users can fully access DragonFi Lite and take advantage of its innovative features designed to enhance their investing experience./Contributed Photo

"DragonFi Lite is a game-changer for stock trading in the Philippines,” company CEO and co-founder Jon Carlo Lim added. “Our mission is to make investing easy and accessible. This initiative specifically targets Maya users who are new to investing, addressing the fact that only 1.8 percent of the total working population currently invests in Philippine stocks. We’re excited to help people grow their wealth." 

The integration with Maya — a digital banking app with more than 50 million users — underscores DragonFi's commitment to financial inclusion. This initiative aims to increase the currently low participation rate of Filipino investors in the stock market, promoting wealth growth for all.

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