Dubai: The Dubai Financial Market (DFM) has introduced an enhanced version of its standalone iVestor App. This digital platform aims to provide investors with streamlined financial management services.
The iVestor app demonstrates DFM’s dedication to improving investment accessibility and efficiency in the area by enabling direct subscription in IPOs and Arena possibilities. Additionally, the app gives users a handy overview of the market value and DFM of the securities in their portfolio.
The iVestor card, which was first unveiled in 2010 and was created in partnership with Emirates NBD and Network International, enhanced dividend receipt for investors. The recently updated iVestor App broadens its capabilities today, giving users access to an extensive feature set that simplifies money management.
With the help of the app, investors can easily enroll, subscribe to both public and private offers, check their spending, keep an eye on their portfolio of securities, and effortlessly manage dividends—all using their cellphones.
With only a few clicks, users may send and receive money between iVestor accounts because of the app’s easy top-up and transfer features. Users can apply for virtual cards for safe online purchasing and set up saving goals with automated activities that match their financial goals. Additionally, investors can help their kids track their spending within the set limitations and help them develop their financial literacy by investing in initial public offerings (IPOs) on iVestor.
In addition, the app’s smooth integration with the xCube trading app allows users to transfer money and start trading right away. Splitting bills is made easier by the program for customers who share expenses.
The iVestor app provides unmatched exposure to capital market investing options on a safe and practical platform, all while empowering users to take charge of their finances.
DFM’s CEO, Hamed Ali, commented, “We are pleased to introduce the upgraded iVestor App, marking a significant step forward in digital financial management for investors. The platform reflects our commitment to delivering seamless solutions to our valued investors, enhancing their digital investment experience.”
“The evolved iVestor app will serve as an integral component of ARENA, integrating with the market platform for initial private offerings. By harnessing technology and fostering collaboration, we are reshaping the marketplace to be more inclusive and efficient for all stakeholders,” Ali added.