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GCash, the mobile wallet of Globe Telecom Inc., said it would continue to ramp up the reach of its stock investment platform GStocks PH after reaching half a million user base.
Layug said these Gstocks users traded at least once, and their average transaction is worth less than P10,000. GCash tapped AB Capital Securities Inc. in 2023 to introduce GStocks PH to its millions of users, allowing them to diversify their portfolios and choose companies listed on the Philippine Stock Exchange .“Through our partnership with GCash, it’s now very easy for an individual to open an account for local stock investments and trade in stocks, with just a tap of their finger,” said ABCSI chairman and chief executive Antonio Jose Periquet.
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