Dubai– Mubasher: Dubai Financial Market (DFM) has launched a stand-alone iVestor App, a digital platform set to offer digital financial management for investors, according to a press release.
The iVestor App offers a wide range of features to make investment and money management more accessible, efficient, and engaging for retail investors.
The launch complements the integrated capital-raising platform Arena, which debuted on the first day of the Capital Market Summit 2024 on 1 May.
ARENA offers a private offering alternative to initial public offerings ( IPOs) for family businesses, growth companies, and private companies.
It secured access to capital through diverse assets, including equity and debt with plans to introduce additional asset classes.
In line with DFM’s commitment to bolster investment accessibility and efficiency in the region, the iVestor app allows direct subscription in IPOs and Arena opportunities.
The app also provides investors with a convenient snapshot of their securities portfolio with DFM as well as their market value.
Developed in collaboration with Emirates NBD and Network International, the iVestor card was initially introduced in 2010 and enhanced the process of dividend receipt for investors.
Moreover, the app is seamlessly connected with the xCube trading app, enabling users to transfer funds and commence trading immediately.
The CEO of DFM, Hamed Ali, commented: "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 noted.
