Microinsurance Philippines | Futu SG’s New Referral Programme “Share leh!” Rewards Users for Sharing | Singapore, May 5, 2021 – (ACN Newswire) – Futu Singapore Pte Ltd (Futu SG), a wholly-owned subsidiary of Futu Holdings Ltd (Nasdaq:FUTU), has announced the launch of its new “Share leh!” referral campaign on moomoo, the one-stop investment platform that aims to further boost the idea of inclusivity and connectivity within the investing community. The campaign, which runs from 1 May to 31 May 2021, will provide benefits to both new and seasoned users
In line with the company’s mission to “make investing easier and not alone”, Futu SG has come up with an enhanced referral programme where new users and their friends are able to earn up to 20 Twitter (TWTR) shares*, which have a net worth doubling more than what was offered during the last campaign (one was previously able to earn up to S$600 cash coupon). In addition, users who had opened an account prior to the campaign can still enjoy benefits from the referral programme as their list of referrers gets reset back to zero.
Under the “Share leh!” campaign, new users will now receive 1 free Apple (AAPL) share, along with 180 days commission-free trading for US, HK & SG markets, free level 2 market data for US stocks and free level 1 real-time market data for SGX securities per new account opening with a minimum deposit of either S$2,700, US$2,000 or HK$16,000 before 1500 hrs on 31 May 2021*.
The key motivation behind Futu SG’s new campaign is the results from its previous survey on investing trends amongst Gen Z and Millennials, which found that many young investors have developed a greater interest in investing and have begun taking greater ownership of their finances. As “FOMO” (Fear of Missing Out) is highly undesired among these demographics, Futu SG hopes that its campaign would bring about an engaging social community that promotes a sense of inclusivity and culture to all users.
As highlighted by the campaign name, Futu SG hopes to show users how they will be rewarded by sharing offers, insights, profits graphs, and investment ideas with their peers. In addition, moomoo app provides an open forum known as the moo community which allows its users and clients to share investment ideas, ask questions and exchange insights through posts and live-streams. Features available include digital content, tasks & missions and analytical guides for both new and seasoned investors. The moo community was created to boost the idea of making investing “not alone”, and seeks to help investors enrich their investing knowledge and establish rapport with other investors. Futu SG hopes that these initiatives will highlight how investment is never a lonely journey for users and that they will always have the backing of moo community.
Since its launch in Singapore in March, moomoo has met with great success, robust growth momentum and encouraging user feedback. The platform currently has more than 13 million users worldwide, possessing one of the fastest-growing investor communities in the region which enables users to stay up-to-date with the latest investment trends.
Further success came at the Singapore Business Review Awards 2021, winning the Fintech Award for the launch and creation of moomoo.
Recognising the importance in having both user-friendly designs and advanced product features, Futu designed moomoo with a slick interface which provides wide product offerings of market accessibility, data options, low commissions and user fees to reduce friction in accessing global investable products. moomoo app also includes AI-driven data screeners and easy-to-analyse trading charts, facilitating the convenience of trading across multiple markets with its multi-currency facility.
“We are very thankful to have received the SBR Award and are confident that this is a positive sign of the success from our digitalisation efforts. Since establishing in 2012, we have always been on a mission to improve the investing experience of users through product upgrading and have dedicated over 70% of our employees to research and development. We also recognised that investing should not be a difficult and lonesome process and have therefore placed great emphasis on social elements. We believe that our latest campaign of rewarding users for sharing will show our commitment in being there for them along every step of the way,” says Leaf Li, Founder & CEO of Futu.
*Terms and conditions apply. The full terms and conditions and disclaimer can be found at https://j.moomoo.com/003U7L. This advertisement has not been reviewed by the Monetary Authority of Singapore. In Singapore, capital market products and services on moomoo are offered by Futu Singapore Pte. Ltd.
moomoo Inc. is a wholly-owned subsidiary of Futu Holdings Ltd, which is an advanced technology company transforming the investing experience by offering a fully digitised trading and wealth management platform. moomoo’s mission is to provide any level of investors with an intuitive and powerful investing platform by using technology. We keep improving the customer’s experience, driving industrial innovation backed by independent technological research and development (R&D) capabilities on the whole trading process and our creative internet operating model. Capital markets products and services offered on moomoo to persons in Singapore or jurisdictions where such offers are permitted, are provided by Futu Singapore Pte Ltd (www.moomoo.com).
About Futu Singapore Pte Ltd
Futu Singapore Pte Ltd (www.futusg.com) is a wholly-owned subsidiary of Futu Holdings Ltd. Futu Singapore Pte Ltd is a capital markets services licence holder regulated by the Monetary Authority of Singapore (MAS Licence No. CMS101000), (www.futusg.com).
About Futu Holdings Ltd
Futu Holdings Ltd (NASDAQ: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitised trading and wealth management platform, pursuing a massive opportunity to facilitate a once-in-a-generation shift in the wealth management industry, and building a digital gateway into broader financial services. Futu’s primary services include trade execution and margin financing, which allows its clients to trade securities (stocks, warrants, options, and futures) and ETFs (exchange-traded funds) across different markets. Futu enhances user experience with market data and news, research, and powerful analytical tools, providing a data-rich foundation to simplify the investment decision-making process. Futu has also embedded social media tools to create a network centered around its users, and connectivity between investors, companies, analysts, media and key opinion leaders, (www.futuholdings.com).
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Ashley Tan, FPR