MANILA, Philippines – GCash has launched an investing game where users can learn and practice investing in the stock market, as the e-wallet platform readies customers for the launch of its trading platform.stock marketThe game is already available on the GCash platform, specifically on the app’s ‘Enjoy’ section, and will be up until August 4. It is a trial feature in preparation for the launch of GStocks Global.
Users will be given ‘play money’ worth $10,000 every week. At the start of the week, users will be able to compete for the highest gains in their portfolio and climb up the leaderboard. The challenges end every Friday where 15 players have the chance to take home actual cash prizes. The top players will win P10,000; P7,500 for the second place winners; and P5,000 for the third placers. The 4th to 15th placers will also receive cash prizes.“We are grateful and excited to be partnering with GCash to bring a game that can motivate, educate, and excite their unmatched user base in the Philippines and promote financial inclusivity throughout the country.
GCash’s stock trading platform is anticipated to invigorate the Philippines’ capital markets with its over 80 million users. This user base is significantly higher than the 1.6 million local investors currently trading through traditional investment houses on the Philippine Stock Exchange . The Ayala-led company teamed up with AB Capital Securities and collaborated with the PSE for the platform. –