This page is not an official page of the app or its developer, but an independent editorial publication created for informational and commentary purposes. Unless expressly stated otherwise, neither the app nor its developer is affiliated with, endorsed by, sponsored by, authorized by, or otherwise officially connected with MWM, Apple, Google Play, the app publisher, or the app's developer, and nothing on this page implies that the app was developed using MWM's services. Any trademarks, logos, screenshots, and other content remain the property of their respective owners.
Downloads
185K+User Rating
Total Ratings
3K+Publisher
Category
FinanceLocales
1Latest Version
3.15.1Size
147.1 MBFirst Released
Aug 8, 2024Smart Wealth Management Made Simple
Achieve financial wellness with a mobile-first platform that makes saving and investing accessible, flexible, and rewarding for the modern investor.
Micro-Saving, Macro Returns
Start growing your wealth with as little as RM10. Enjoy returns on par with fixed deposits without the stress of high entry costs.
Expert-Led Investing
Gain instant access to premium funds and diversified assets like Gold and REITs, all managed by professional fund managers.
Frequently Asked Questions
Everything you need to know about Versa: Save. Invest. Grow.
What is the Versa app?
Versa is a Malaysian digital wealth management app that makes saving and investing easy and accessible. It helps users achieve financial wellness, grow financial literacy, and provides a path towards financial freedom.
Is the Versa app regulated in Malaysia?
Yes, Versa is regulated by the Securities Commission (SC) Malaysia under guidelines RECOGNIZED MARKETS SC-GL/6-2015(R5-2020). The business is registered as Versa Asia Sdn Bhd.
What is the minimum amount to start saving with Versa?
Users can start their savings journey with Versa from as low as RM10. This feature provides an accessible entry point for digital wealth management.
Can I withdraw my savings from Versa anytime without penalties?
Yes, with Versa, you can withdraw your savings funds anytime you need them, without incurring any penalties. This provides flexibility for your personal finances.
What is the minimum investment amount for the Versa app?
The minimum investment amount to start your investment journey with the Versa app is RM100.00, as displayed in the product information.
Does Versa charge sales or redemption fees for investments?
No, Versa charges 0% for both sales and redemption fees. The app maintains low and transparent fees, ensuring more of your returns stay in your pocket.
Are investments on the Versa app managed by expert fund managers?
Yes, Versa provides access to premium funds managed by expert fund managers, such as AHAM Asset Management Bhd. Their expertise is utilized to manage user investments.
How can Versa help with tax reliefs in Malaysia?
Versa helps users obtain tax reliefs by offering PRS (Private Retirement Scheme) options. This complements EPF to reduce taxable income for up to RM3,000 in tax reliefs annually.
What are the operating hours for Versa customer support?
Versa customer support operates Monday to Friday, from 9:00 AM to 5:00 PM MYT, excluding public holidays. Users can reach support at support@versa.com.my for assistance.
Does the Versa app offer rewards?
Yes, the Versa app offers various rewards. Users can complete quests to earn and stack rewards, including cash rewards, booster rewards, and fixed rewards.
What are the management and trustee fees for Versa investments?
Versa charges a Management Fee of 0.30% and a Trustee Fee of 0.05% for investments. These are part of the app's transparent fee structure.
Can Versa users learn about investing and personal finance?
Yes, Versa offers a 'Learn' section providing investment knowledge at users' fingertips. This includes educational content on Investing Basics, Personal Finance, and Funds.
Can users invest in different asset classes like gold and REITs with Versa?
Yes, Versa allows users to gain exposure to different asset classes. This includes options for investing in gold and REITs, catering to various risk appetites.
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This page is not an official page of the app or its developer, but an independent editorial publication created for informational and commentary purposes. Unless expressly stated otherwise, neither the app nor its developer is affiliated with, endorsed by, sponsored by, authorized by, or otherwise officially connected with MWM, Apple, Google Play, the app publisher, or the app's developer, and nothing on this page implies that the app was developed using MWM's services. Any trademarks, logos, screenshots, and other content remain the property of their respective owners.