Tag: V Vijayakumar

Zebu introduces Z-pay wallet exclusively for Authorized Persons to credit commission instantly

Zebu introduces Z-pay wallet exclusively for Authorized Persons to credit commission instantly

Chennai: Zebu Share and Wealth Managements Pvt Ltd, a leading financial services solution provider in India, in a first of its kind initiative are introducing same day commission credit into Authorized Persons’ (AP) accounts. The commission that generally takes a month to reach APs, now will be credited on a daily basis in their exclusive Z-pay wallet.

Since an Authorized Person’s income is heavily dependent on commissions, it is essential for them to choose the right partner. Zebu has always looked at mutually beneficial partnerships that lead to satisfaction of all stakeholders.

Keeping this in mind, Zebu has pioneered and introduced an industry first initiative by providing APs access to their daily commissions; which comes in handy especially given the current pandemic situation. Z-pay digital wallet, exclusively for APs, enables them to withdraw their commission instantly and in a hassle free manner as per their needs.

V Vijayakumar, Founder & CEO, Zebu said, “After the introduction of Govt of India’s ‘Digital India initiative’, we have seen robust digital transformation across industries. This digital transformation has also given rise to a plethora of easy to use investment based apps that give the common Indian man access to markets; to which he earlier had no entry point. Today one can start investing with a single click on various digital platforms that empower people to trade stocks online or using simple apps. At Zebu, we are always looking to push the envelope and stay ahead of the curve. Owing to this, we have also recently launched our in-house hybrid mobile app Zebull, Web application and APIs for our customers to seamlessly manage their investment and trading on the go.”

“Now, to ensure peace of mind for our business partners as well, we have introduced the Z-pay wallet, an industry first initiative that enables our APs to gain access to their daily commission as opposed to the industry standard of monthly access to commission funds. Authorized Persons are an integral part of the Indian capital market and we believe Z-pay will benefit existing as well as prospective APs across the country by providing them access to their funds as per their convenience and commitments. In addition, given that the next generation of APs belong to GenZ who are keener on convenience and digital solutions we feel Z-Pay is going to be a game changer for us when it comes to AP partnerships moving forward.” Added, Mr. Vijaykumar.

Like any other digital wallet, Authorized Persons can access Z-pay wallet at any given time to withdraw their money. Currently Zebu has 1000+ authorized person and Z-pay gaining good traction among them. With the official launch of Z-Pay, the company is expecting an exponential surge in on boarding of the digitally perceptive APs.

Zebu to offer trading facilities in the US for its investors

Zebu Share and Wealth Managements Pvt Ltd, a leading financial services solution provider in India, will be offering trading facilities in the US for its investors. It is one of the few financial players in the market to be offering this facility for ushering Indians seamlessly in the global market. According to Reserve Bank of India (RBI) a resident Indian can invest up to $250,000 overseas each year under the Liberalized Remittance Scheme (LRS).

US stock markets are home to some of the fastest-growing companies in the world. For creating this investment opportunity, Zebu has collaborated with US-based Finance and Wealth management start-up- Stockal. Headquartered in New York, with its India office in Bangalore, Stockal is backed by investors with pioneering backgrounds in financial services and technology in the United States, UK, India and Singapore.

V Vijayakumar, Founder & CEO, Zebu said, “We have seen a huge spike in the number of investors taking interest in the stock market in the last seven months owing to the lockdown. It has helped us further expand our customer base. Stockal is building a platform that enables investments in a diverse set of global assets from a single account, from anywhere in the world. Through this facility of overseas investment, we want to offer our clients an option to diversify their portfolio outside of the Indian market and access multi-asset investment opportunities. People are these days interested in new-age technology companies. While Indian stock market offers various exciting investment opportunities, the US market is known for its tech giants- in which people are keen to invest.”

The lockdown has sparked interest in people around trading and exploring the stock market and other financial services. It is interesting to note that most of Zebu’s investor/trader user base consist of people below the age of 40. In the digital era, it has become imperative for all to make use of safe technology to make lives easier. Currently, Zebu is offering a Trade on-the-go platform- Zebull. It is that helps its customers to execute their orders own.

Zebu gets positive response in the lockdown, registers 100% growth

Chennai, 17 August 2020:

Zebu Share and Wealth Managements Pvt Ltd, a leading financial services solution provider in India, have seen a 100% growth in investors during the lockdown period. Owing to the lockdown, investors have been extremely active. 90% of the users used the new-age stock trading option. Owing to this Zebu has witnessed a large jump in trading activities as well as interest in opening new accounts.

In the digital era, it has become imperative for all to make use of safe technology to make lives easier. Currently, Zebu is offering a Trade on-the-go platform- Zebull. It is that helps its customers to execute their orders own.

Sharing his thoughts on the development, V Vijayakumar, Founder & CEO, Zebu, said, “The last few months have been very great for us in terms of growth and market expansion. It is indeed great to receive such an amazing response to our e-trading platform. The lockdown has sparked interest in people around trading and exploring the stock market. It is interesting to note that most of our investor/trader user base consist of people below the age of 40.”

He further added, “In the growing digital space, technology acts as a service. In inter-dependent models such as ours, it is vital to offer secure technology for stock trading. SEBI’s new framework on collecting up-front margins will kick in this year. This will create an opportunity for companies like Zebu that offer a complete package of professional financial services online. With technological prowess such as robotic risk management, our focus would be to expand our footprint in the market to onboard more customers. It is also our endeavour to strengthen our technology and back-end support every day to keep up with the advancements.”

Zebu’s trading app- Zebull’s user-friendly interface enables users to navigate through a plethora of options without any difficulties for all types of needs. With ‘One-click’ access, users can browse the list of stocks, commodities, currencies, ETF and Mutual Funds. This convenient & instant interface makes it easier to choose suitable facets as per trader’s need. It gives the end-user to make their own decisions, thus empowering them to handle their own trade in the right way