(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 17. Launch of
'Investments' section is planned to on the basis of mobile
application of Leobank (Azerbaijani digital bank) Director of
digital business and projects at Unicapital investment company
Vugar Namazov told Trend .
According to him, this direction is developed all over the
world.
'The joint (Leobank and Unicapital) product for investments on
Leobank mobile application platform is one of the first solutions
in Azerbaijani market, which is planned to be launched in the near
future. I would like to note that this product was developed on the
basis of Open Banking financial technology,' Namazov said.
'It is well known that banks cannot provide investment services,
and investment companies cannot provide banking services. The
common solution of this joint product is the technology through
which we were able to combine our solutions and create investment
opportunities on the basis of the Leobank mobile application,'
Namazov noted.
He emphasized that the platform is almost ready for launch.
'The launch of the platform is expected soon. We have already
started receiving applications from citizens who want to become
users of this service,' he added.
According to Namazov, it is planned to integrate shares and
securities of foreign companies into the application.
'Relevant work in this direction has already been done. At the
first stage, customers will be able to buy and invest in American
companies using the Leobank platform, also enter the crypto
markets,' Namazov also added.
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