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Moomoo Launches All-in-One Investment Super App in Malaysia; Empowering Local Financial Digitalisation





Moomoo, the cutting-edge all-in-one investment super app officially launched in Malaysia today. With the mission of promoting local financial innovation and empowering users, the company will provide Malaysian investors with a professional, reliable and innovative digitalised investment experience.

Committed to Technological Innovation and Financial Inclusion: Driving Malaysia’s Financial Digitization

Futu Malaysia Sdn. Bhd. (“Moomoo MY”) is among the first global digital brokerage firms granted the Capital Market Services License by the Securities Commission Malaysia (“SC”). This license allows Moomoo MY to offer securities and derivatives trading and clearing services for both. The company held a grand opening ceremony in Kuala Lumpur today. The event was attended by Datuk Muhamad Umar Swift, CEO of Bursa Malaysia; Robin Xu, Senior Partner, Senior Vice President and Head of Southeast Asia and Oceania of Futu Holdings Limited; Ivan Mok, CEO of Moomoo Malaysia; and Dennis Jee, COO of Moomoo Malaysia, among other senior executives.

“Moomoo’s entry into Malaysia underscores our dedication to empowering various financial markets through technology. Guided by our mission of ‘Making investing easier, not alone,’ we strive to promote information equality, accessibility, and value creation within Malaysia’s dynamic economy. Through technology, we aim to promote information equality, making investment and wealth management more accessible, and creating value for local investors and capital markets. Malaysia’s dynamic economy, coupled with recent policy support, has seen rapid development in its capital markets. With Moomoo’s participation, we hope to inject even more dynamism into the market. As an investment platform connecting 21 million retail investors globally, we envision collaborating with exchanges, regulatory bodies, and partners in the visible future to become the gateway, connecting Malaysia’s investment products to global capital and investors.” said Robin Xu, Senior Partner and Senior Vice President of Southeast Asia and Oceania at Futu Holdings Limited.

Malaysia with a relatively young population has seen a growing interest in self-directed investing. The country’s commitment to technological development and innovation led us to choose it as the second destination for expanding our presence in the Southeast Asia after Singapore. With Malaysia’s flourishing fintech landscape and supportive regulatory framework, there exists a clear demand for innovative investment solutions. We are confident that we can replicate the success we have seen in Singapore here and work hand in hand with investors and market participants to further enhance Malaysia’s capital markets and financial infrastructure competitiveness on both the regional and international stage.” Xu added.

Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia Berhad, welcomed Moomoo MY’s entry into Malaysia, and as a Participating Organisation of the Exchange. “In today’s technology-driven market, it is important that the industry leverages data and digital tools to make investing more accessible and efficient. Investors want choice, and we encourage all Participating Organisations to harness the power of new technologies to enhance investing experiences for investors, and to promote greater financial inclusivity in Malaysia. We commend Moomoo MY for the launch of its innovative investment app in conjunction with its entry into Malaysia.”

Breaking Down Barriers: Democratising Investment Opportunities

In addition to empowering local financial infrastructure, Moomoo Malaysia is also committed to making it easy for every investor to start their investment journey and secure their financial future. Through a suite of cutting-edge, pro-level analytical tools including Heatmap, Stock Screener, Institutional Tracking, and Market Monitor, Moomoo transforms the investment landscape through technological innovation.

Malaysian investors now have access to moomoo, which offers an extensive range of features including access to over 1,000 Malaysian and 9,000 US stocks, ETFs, AI-powered analytical tools, research resources, advanced charting capabilities, real-time data, and breaking news sourced from over 150 top media agencies – all directly within the moomoo platform. Moomoo MY universal account holders will have complimentary access to Level 1 MY stock 3 market depth and Level 2 US stock 60 market depth quotes. The platform will also offer zero-commission trading[i] on stocks and ETFs for both Malaysia and US markets for a limited time period.

Ivan Mok, CEO of Moomoo Malaysia emphasized, “Our users benefit from unrestricted access to pro-grade tools and resources, typically associated with premium services. This reinforces our commitment to levelling the playing field, making self-directed investing simple, easy, and accessible to everyone, regardless of their experience level.”

Empowering Financial Inclusion and Literacy

Beyond delivering a better and seamless trading experience for its users, Moomoo MY is dedicated to advancing financial literacy by offering an extensive array of over 600 complimentary investment courses through Moo Learn. This commitment ensures that both novice and experienced investors have access to valuable educational materials to enhance their expertise and remain ahead of industry trends.

Another distinctive feature is moomoo’s vibrant online community, which connects over 1000 experts and key opinion leaders within a global investing community of over 21 million members. The Moo Community acts as a hub for collaborative learning, enabling participants to exchange investment ideas, insights, and experiences, fostering mutual support for growth and development.

“Moomoo seamlessly combines accessibility and a comprehensive suite of tools and educational resources, to provide an investment experience that breaks through traditional boundaries. Our platform is tailored to transform the way people invest, and empower Malaysian investors with the tools and resources they need to not only participate, but succeed in the financial markets.” Said Dennis Jee, COO of Moomoo Malaysia.

Exclusive Promotions for Malaysian Investors

To mark its official launch, Moomoo MY is rolling out exclusive promotions and perks for Malaysian investors. Between now and March 31, 2024, new users[ii] who successfully open a Moomoo MY universal account and deposits a total of RM8000 will be eligible for a free Apple share[iii]. Those who successfully open a Moomoo MY universal account with a cumulative deposit of RM500 will receive RM100 cash rewards[iv].

On top of that, traders who execute at least one transaction using their Moomoo MY universal account during the promotion period, will receive one month of free access to Level 2 MY market data. Users can accumulate up to 6 months of complimentary Level 2 MY market data during this time[v].

Malaysian investors can download the app from the Apple App Store or Google Play Store to start their investment journey with Moomoo. For more information on Moomoo Malaysia and its services, please visit

The post Moomoo Launches All-in-One Investment Super App in Malaysia; Empowering Local Financial Digitalisation appeared first on HIPTHER Alerts.

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How to identify authenticity in crypto influencer channels




Modern brands stake on influencer marketing, with 76% of users making a purchase after seeing a product on social media.The cryptocurrency industry is no exception to this trend. However, promoting crypto products through influencer marketing can be particularly challenging. Crypto influencers pose a significant risk to a brand’s reputation and ROI due to rampant scams. Approximately 80% of channels provide fake statistics, including followers counts and engagement metrics. Additionally, this niche is characterized by high CPMs, which can increase the risk of financial loss for brands.

In this article Nadia Bubennnikova, Head of agency Famesters, will explore the most important things to look for in crypto channels to find the perfect match for influencer marketing collaborations.



There are several levels related to this point.



Analyze approximately 10 of the channel’s latest videos, looking through the comments to ensure they are not purchased from dubious sources. For example, such comments as “Yes sir, great video!”; “Thanks!”; “Love you man!”; “Quality content”, and others most certainly are bot-generated and should be avoided.

Just to compare: 


Don’t rush to conclude that you’ve discovered the perfect crypto channel just because you’ve come across some logical comments that align with the video’s topic. This may seem controversial, but it’s important to dive deeper. When you encounter a channel with logical comments, ensure that they are unique and not duplicated under the description box. Some creators are smarter than just buying comments from the first link that Google shows you when you search “buy YouTube comments”. They generate topics, provide multiple examples, or upload lists of examples, all produced by AI. You can either manually review the comments or use a script to parse all the YouTube comments into an Excel file. Then, add a formula to highlight any duplicates.


It is also a must to check the names of the profiles that leave the comments: most of the bot-generated comments are easy to track: they will all have the usernames made of random symbols and numbers, random first and last name combinations, “Habibi”, etc. No profile pictures on all comments is also a red flag.



Another important factor to consider when assessing comment authenticity is the posting date. If all the comments were posted on the same day, it’s likely that the traffic was purchased.


2. Average views number per video

This is indeed one of the key metrics to consider when selecting an influencer for collaboration, regardless of the product type. What specific factors should we focus on?

First & foremost: the views dynamics on the channel. The most desirable type of YouTube channel in terms of views is one that maintains stable viewership across all of its videos. This stability serves as proof of an active and loyal audience genuinely interested in the creator’s content, unlike channels where views vary significantly from one video to another.

Many unauthentic crypto channels not only buy YouTube comments but also invest in increasing video views to create the impression of stability. So, what exactly should we look at in terms of views? Firstly, calculate the average number of views based on the ten latest videos. Then, compare this figure to the views of the most recent videos posted within the past week. If you notice that these new videos have nearly the same number of views as those posted a month or two ago, it’s a clear red flag. Typically, a YouTube channel experiences lower views on new videos, with the number increasing organically each day as the audience engages with the content. If you see a video posted just three days ago already garnering 30k views, matching the total views of older videos, it’s a sign of fraudulent traffic purchased to create the illusion of view stability.


3. Influencer’s channel statistics

The primary statistics of interest are region and demographic split, and sometimes the device types of the viewers.


When reviewing the shared statistics, the first step is to request a video screencast instead of a simple screenshot. This is because it takes more time to organically edit a video than a screenshot, making it harder to manipulate the statistics. If the creator refuses, step two (if only screenshots are provided) is to download them and check the file’s properties on your computer. Look for details such as whether it was created with Adobe Photoshop or the color profile, typically Adobe RGB, to determine if the screenshot has been edited.


After confirming the authenticity of the stats screenshot, it’s crucial to analyze the data. For instance, if you’re examining a channel conducted in Spanish with all videos filmed in the same language, it would raise concerns to find a significant audience from countries like India or Turkey. This discrepancy, where the audience doesn’t align with regions known for speaking the language, is a red flag.

If we’re considering an English-language crypto channel, it typically suggests an international audience, as English’s global use for quality educational content on niche topics like crypto. However, certain considerations apply. For instance, if an English-speaking channel shows a significant percentage of Polish viewers (15% to 30%) without any mention of the Polish language, it could indicate fake followers and views. However, if the channel’s creator is Polish, occasionally posts videos in Polish alongside English, and receives Polish comments, it’s important not to rush to conclusions.

Example of statistics


Wrapping up

These are the main factors to consider when selecting an influencer to promote your crypto product. Once you’ve launched the campaign, there are also some markers to show which creators did bring the authentic traffic and which used some tools to create the illusion of an active and engaged audience. While this may seem obvious, it’s still worth mentioning. After the video is posted, allow 5-7 days for it to accumulate a basic number of views, then check performance metrics such as views, clicks, click-through rate (CTR), signups, and conversion rate (CR) from clicks to signups.

If you overlooked some red flags when selecting crypto channels for your launch, you might find the following outcomes: channels with high views numbers and high CTRs, demonstrating the real interest of the audience, yet with remarkably low conversion rates. In the worst-case scenario, you might witness thousands of clicks resulting in zero to just a few signups. While this might suggest technical issues in other industries, in crypto campaigns it indicates that the creator engaged in the campaign not only bought fake views and comments but also link clicks. And this happens more often than you may realize.

Summing up, choosing the right crypto creator to promote your product is indeed a tricky job that requires a lot of resources to be put into the search process. 

Author Nadia Bubennikova, Head of agency  at Famesters


Nadia Bubennikova, Head of agency at Famesters

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Central banks and the FinTech sector unite to change global payments space





The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.

Named after the Greek word for “marketplace,” this initiative stands at the forefront of exploring the potential of tokenisation to significantly enhance the operational efficiency of the monetary system worldwide.

Central to this pioneering project are the Bank of France (on behalf of the Eurosystem), the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York. These institutions have joined forces under the banner of Project Agorá, in partnership with an extensive assembly of private financial entities convened by the Institute of International Finance (IIF).

At the heart of Project Agorá is the pursuit of integrating tokenised commercial bank deposits with tokenised wholesale central bank money within a unified, public-private programmable financial platform. By harnessing the advanced capabilities of smart contracts and programmability, the project aspires to unlock new transactional possibilities that were previously infeasible or impractical, thereby fostering novel opportunities that could benefit businesses and consumers alike.

The collaborative effort seeks to address and surmount a variety of structural inefficiencies that currently plague cross-border payments. These challenges include disparate legal, regulatory, and technical standards; varying operating hours and time zones; and the heightened complexity associated with conducting financial integrity checks (such as anti-money laundering and customer verification procedures), which are often redundantly executed across multiple stages of a single transaction due to the involvement of several intermediaries.

As a beacon of experimental and exploratory projects, the BIS Innovation Hub is committed to delivering public goods to the global central banking community through initiatives like Project Agorá. In line with this mission, the BIS will soon issue a call for expressions of interest from private financial institutions eager to contribute to this ground-breaking project. The IIF will facilitate the involvement of private sector participants, extending an invitation to regulated financial institutions representing each of the seven aforementioned currencies to partake in this transformative endeavour.

Source: fintech.globa

The post Central banks and the FinTech sector unite to change global payments space appeared first on HIPTHER Alerts.

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TD Bank inks multi-year strategic partnership with Google Cloud





TD Bank has inked a multi-year deal with Google Cloud as it looks to streamline the development and deployment of new products and services.

The deal will see the Canadian banking group integrate the vendor’s cloud services into a wider portion of its technology solutions portfolio, a move which TD expects will enable it “to respond quickly to changing customer expectations by rolling out new features, updates, or entirely new financial products at an accelerated pace”.

This marks an expansion of the already established relationship between TD Bank and Google Cloud after the group previously adopted the vendor’s Google Kubernetes Engine (GKE) for TD Securities Automated Trading (TDSAT), the Chicago-based subsidiary of its investment banking unit, TD Securities.

TDSAT uses GKE for process automation and quantitative modelling across fixed income markets, resulting in the development of a “data-driven research platform” capable of processing large research workloads in trading.

Dan Bosman, SVP and CIO of TD Securities, claims the infrastructure has so far supported TDSAT with “compute-intensive quantitative analysis” while expanding the subsidiary’s “trading volumes and portfolio size”.

TD’s new partnership with Google Cloud will see the group attempt to replicate the same level of success across its entire portfolio.


The post TD Bank inks multi-year strategic partnership with Google Cloud appeared first on HIPTHER Alerts.

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