press release
shark! Foreign stock trading app leader launching Thai stock trading service with monthly membership (subscription) system adds complete value to traders.
KKP Dime Securities Company Limited (KKP Dime), a company in the Kiatnakin Phatra Financial Business Group, held a press conference to launch the Thai stock trading service via the Dime app! With the slogan “Conquering the Thai Dime Stock Market!” “Noen Saduak” enhances the stock trading experience without limiting boundaries. Allowing investors to invest in both foreign stocks and Thai stocks. At the same time, a monthly membership system has been launched. (Subscription) to increase the full value For ordinary investors. Within the framework of the policy of expanding access to finance and investment for all, with Dr. Phakorn Pitatawachai, Director and Director of the Stock Exchange of Thailand, Mr. Apinan Kleopatinont, CEO, Kiatnakin Phatra Financial Business Group and Mr. Kamphon Chantawaiboon, CEO, KKP Dime Securities Company Limited provided information at the building thailand stock exchange.
Dr. Pakorn Pitatawachai, Director and Director, Stock Exchange of Thailand Share with us your vision for the launch of the new Dime service! This time that “The vision of the Stock Exchange of Thailand is to promote the Thai capital market for sustainable growth. Catering to the needs of the business sector, society and the state, one of our goals is to facilitate the capital market for investors and entrepreneurs. Currently, investors are diversified, and there is significant growth among the new generation with lifestyles A different way of thinking and analyzing data, as well as investment behavior, today the Dime App! has come to meet the needs of new generations of investors to facilitate access to investment. This will contribute to supporting the capital market to continue to grow strongly. In line with the guidelines of the Stock Exchange in Thailand, it wants to promote Let it be a market Capital is an opportunity to create financial stability for all Thai people.
Mr. Apinan Kleopatinont CEO Kiatnakin Phatra Financial Business Group As Chairman of the Committee KKP Dime Securities Company Limited revealed that Kiatnakin Phatra Financial Business Group has had the opportunity to be part of the leadership of the Thai capital market for the past several decades. Which provides personal investment advisory or wealth management services to a constantly growing financial business group until now, it is considered one of the leaders in the industry.
But throughout the past period, we have been focusing on providing investment advisory services to the group with high financial solvency. Most of them are general but the investment value is very high. This makes it possible to continue doing business even though the cost of providing services (cost to serve) is very high. But at the same time, we are constantly trying to find ways to expand our client base to include individual investors and Generation Y and Generation Z groups, which are growing in number and have not yet been fully addressed. Which financial business group must first answer the question of the cost of the service as well as design the nature of the services and experiences that this group of customers will receive. To be consistent with different needs Kiatnakin Phatra Business Group has therefore launched new businesses. Through the Dayem application! Which provides services throughout the entire process in a digital format and therefore, service costs can be managed appropriately. It also supports small investors. Finance and investments are more accessible than before under the concept of “because finance is everyone’s business” and today it is another important milestone represented by the dime! Thai stocks have been added as another financial asset for investors to easily trade on the same app. It’s a new experience. Which still keeps the spotlight on the ease of use of Dime! “It remains the same as before,” Mr. Abinan said.
Mr. Kamphon Chantawiboon, CEO of KKP Dime, revealed that after the launch of Dime! As recently as one year ago, KKP Dime is proud that we have helped make the financial behavior of Thai people stronger than ever. This is evidenced by the huge increase in the number of Thai investors investing abroad, as well as high-interest savings accounts at Kiatnakin Phatra Bank. Which is provided through the Dime application! It has gained popularity and is widely talked about.In just one year, Dime was launched! It has been downloaded and used more than 600,000 times, generating more than 300% new foreign equity investors, while the investment volume (AUM) through the app has increased to more than 5 billion baht today.
“Highlights of Dime! is an experience designed to make customers have fun and learn about investing at the same time. Currently, Dime! has captured the hearts of Generation Z investors, a group with unique ideas, attitudes and lifestyles. It is Dime!’s largest customer group when combined With Generation Y customers, the proportion reaches 86% of the total number of Dime customers! Therefore, it is poised to be another important tool in driving finance and investment to be easily accessible to the Thai people. “And also to new-age investors,” Mr. Kamphon said.
For important strategies that make a dime! The rapid penetration of investor groups is the “attention to listen to customers”, which allows KKP Dime to develop applications that are accurate and meet the investment behavior of today’s investors. It can be seen that throughout the past year, Dime! They release new products and features all the time, which receive better than expected feedback from users. The highlight of today’s event is the launch of Thai Equity Products, which KKP Dime is committed to continuing to make a more complete and popular investment app. With the idea of opening a new experience for investors to be able to trade foreign and Thai stocks together seamlessly. The user experience is designed keeping investors’ investment behavior in mind. This is reflected in the simplicity of use. With a trading system that is more streamlined than ever from searching for stocks to submitting orders. Complete with explanations whether it is about details of securities trading methods or even complex financial terms through language that is easy to understand ready for new and old investors to supplement their knowledge at every step.
Another feature only available with the Dime app! It is designed to provide a savings account within the Dime app! It can be a deposit account and an investment account in one account. Users can use the account to deposit money and earn interest of up to 3% per annum from Kiatnakin Phatra Bank. Or use it as an account to save money and wait to invest in Thai stocks. Foreign stocks, mutual funds and other products can also be purchased with this ease. Therefore, you can rest assured that your investment is dime! It will grow all the time from the first day of deposit. Even if you haven’t started investing yet, dime! It also builds on its strengths as a company within the Kiatnakin Phatra Financial Business Group. By launching the IPO Share Reservation Service to make it easier for individual investors to own IPO Shares, we believe that everyone’s investment experience in Thai stocks will definitely change.
Rounding out the event is a new feature that was recently launched, which is the monthly membership service. This will add full value for those who invest regularly. Monthly subscribers will receive special privileges such as 5 commission-free trades per month and can trade with flexible commission rates based on order value. This will help investors trade stocks at a lower cost and at a better value. This feature will be available to Dime app users! You can apply for the service by the end of 2023.
