In its first year of operation, Birbank Invest has significantly expanded investment opportunities for its users. Today, the platform offers access to over 12,000 stocks and ETFs, with more than 1,000 new investment instruments added over the past period. Additionally, with the release of Birbank Invest 2.0, users now have access to an updated and more user-friendly interface, the ability to trade on Azerbaijan's primary and secondary capital markets, expanded financial analytics for the US market, and new features to help investors make more informed investment decisions.
Birbank Invest also became the most sought-after platform among investors during the initial public offering (IPO) of PAŞA Bank – one of the most significant events in the country's capital market. More than 10,000 unique investors participated in the IPO through Birbank Invest, placing over 11,000 applications via the app.
Javid Mirzayev, First Deputy Chairman of the Management Board of Kapital Bank, shared this information on his social media page. According to him, investing should be accessible not only to those who are professionally interested in financial markets but also to everyone who wants to manage their funds effectively. "For us, the main indicator is not just the number of users. What matters more is how people's attitude towards investments is changing. If earlier investing was considered a field of interest mainly for professionals, today, thanks to digital solutions, more and more people are starting to invest and grow their funds. The high level of trust that Birbank Invest has earned in such a short time is one of the most vivid confirmations of these changes," he noted.
Key advantages of Birbank Invest include fully digital registration, the ability to submit applications 24/7, real-time portfolio tracking, competitive commissions, and asset insurance of up to $500,000 under the Securities Investor Protection Corporation (SIPC) program.
It is worth noting that Birbank Invest, a trademark of Kapital Bank, is implemented in partnership with the investment company "PASHA Capital" and provides both novice and experienced investors with convenient, fast, and secure access to local and global financial markets.