EFG Hermes Kenya enables digital end-to-end registration of new trading accounts

Updated 2/27/2023 11:55:00 AM
EFG Hermes Kenya enables digital end-to-end registration of new trading accounts

Arab Finance: EFG Hermes Kenya has launched EFG Hermes One Kenya App, an all-new digital onboarding process for its online trading platform, according to an emailed press release on February 27th.

The new app is an integral part of the firm’s strategy to promote financial inclusion in Kenya and the frontier markets in which it operates.

The seamless service enables retail investors to execute trades, access real-time stock quotes, and place, track, review, edit, and cancel open orders.

In real time, investors are able to build, monitor, and customize equity watch lists for individual stocks and stock portfolios.

“We are pleased to be introducing digital onboarding on our flagship EFG Hermes One app, which falls in line with our strategy to support Kenya’s commitment to digital transformation and broadens domestic and diaspora retail investor participation in the capital markets, therefore boosting market activity,” Muathi Kilonzo, Head of Equities, Brokerage at EFG Hermes Kenya, commented.

“WealthTech platforms have become fundamental to delivering a personalized and engaging client experience from the get-go, allowing new and seasoned investors to create accounts and transact easily and conveniently,” Kilonzo added.

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