AdvertisementIts new micro-investment product AutoInvest - created after Grab Financial’s acquisition of robo-advisory start-up Bento Invest - would allow users in Singapore to invest at least S$1 per transaction on the Grab app.
The firm added that money would be invested in "high-quality, liquid fixed income funds" offered by Fullerton Fund Management and UOB Asset Management. Grab Financial and its bank partners will integrate their application programming interfaces , said Grab, allowing users to securely apply for loans directly within the Grab app.
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