Here's a fun fact that isn't so fun once you think about it: 7 in 10 Malaysians say they would invest a RM100,000 windfall before saving it or paying off debt. Bold move.
But here's the catch: 37% of Malaysians admit they couldn't cover even three months of expenses if their income suddenly stopped.
In other words, plenty of Malaysians are excited to grow their money, but many forget to build a safety net first. That's the exact gap Versa Malaysia is trying to close.
So, What Is Versa?
Versa is a wealth management app on a mission to help Malaysians build good financial habits – as the brand likes to say, "Versama-sama." The app is designed to be beginner-friendly, with a clean, easy-to-use interface that doesn't feel intimidating, even for someone who has never invested before.
There are three main products to match different goals and risk appetites:
Versa Save: Money market fund (MMF) that offers higher returns than a traditional savings account, ideal for parking spare cash while it grows.
Image courtesy of Versa Malaysia Versa Invest: Expert-managed portfolios built for long-term goals, starting from RM100 , for various risk investors.
Image courtesy of Versa Malaysia Versa Retirement: Complementary to EPF, grow your retirement funds via the Private Retirement Scheme (PRS) and enjoy up to RM3,000 in yearly tax relief.
Image courtesy of Versa Malaysia
The best part? A financial journey with Versa can start from as little as RM10, and money can be cashed out anytime – except for Versa Retirement, which follows PRS rules.
Every product in the app is professionally managed by AHAM Capital, one of the top 3 independent asset management firms in Malaysia. Versa itself is also regulated by the Securities Commission Malaysia as a Recognised Market Operator, so it's not some random app promising the moon. Add in a 0% sales charge, and it's no surprise over 400,000 Malaysians are already using Versa to save and invest.
Spotlight: Versa Save and Its New Booster Quest
For anyone who wants to start building that all-important safety net, Versa Save is the one to watch. It's a Money Market Fund (MMF), which means it's low-risk and ideal for emergency funds – exactly the kind of cushion that 37% of Malaysians currently don't have.
Right now, new users get an extra reason to start: the 10% p.a. Save Booster Quest*. Simply set up an Auto Save Plan of at least RM500 into any Versa Save product, and the first RM500 auto-saved each month earns a 10% p.a. bonus, on top of the usual monthly base nett return, for the first three consecutive months.
For example, someone with RM1,000 already in Versa Save Conventional who sets up a RM500 Auto Save Plan will keep earning the normal monthly return on that RM1,000, while the new RM500 gets the extra 10% p.a. bonus for three months straight.
*Terms & conditions apply
The One Thing to Remember
Building good financial habits doesn't need a huge paycheck or investment expertise. It just needs a small, consistent start. And Versa is betting that RM10 is more than enough to begin.
Curious to find out more? Head over to Versa to start the journey! Sign up with the NEWSWAV code to get free RM30* by making your first minimum RM100 cash-in into any Versa products!
Newswav is offering an exclusive SME Free Advertising Grant worth up to RM5,000,000*! Apply here: https://forms.gle/h9WLnqDLjfSK7JAP8