ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and internationally.
The partnership includes the integration of Nasdaq Basic, a real-time US market data solution, into ZA Bank’s trading platform, providing users with access to Best Bid and Offer and Last Sale information for all US exchange-listed stocks.
The collaboration also includes initiatives to promote financial literacy and support informed investing, with both parties working on educational programmes for investors of varying experience levels.
ZA Bank, which surpassed one million users and achieved profitability in the first half of last year, provides a single app combining banking services with access to Hong Kong and US equities, mutual funds, and digital assets.
Its user base represents around 15% of Hong Kong’s adult bankable population.
James McKeone, Head of Data, Index, Analytics, APAC at Nasdaq, said:
“This collaboration reflects our shared vision to democratise access to market data and empower investors with the tools and education they need to succeed.”
Calvin Ng, CEO of ZA Bank, added:
“By integrating world-class market intelligence into our platform, we are empowering a new generation of investors in Hong Kong with tools and insights once reserved for institutions. This collaboration exemplifies our commitment to making investing more transparent, intelligent and within reach for all.”
Featured image credit: ZA Bank