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Investing with Versa means choosing lower risks with potentially higher returns. Versa invests in a specific Money Market Fund called the Affin Hwang’s Enhanced Deposit Fund which only invests in low-risk assets – short term deposits in multiple Malaysian banks. Next, Versa lets you make the most out of your money. Unlike Fixed Deposits which only offers basic interest, Versa offers interest that is compounded daily. Finally, you can make on the spot decisions with Versa. With Versa, you can withdraw anytime with all the interest earned and expect your money to be in your bank account within the next day* – with no penalties!

Versa Cash-i is the shariah compliant option. It invests into a specific Money Market Fund known as Affin Hwang Aiiman Enhanced i-Profit Fund.

Money market funds are not protected by PIDM. However, the Versa Fund places / diversifies our customer’s funds in multiple short term deposits of multiple Malaysian banks. In an unlikely case that one bank were to go under, it would only slightly affect the return of the fund.

With Versa, our onboarding process is super convenient, hassle-free, and paperless.

Your account can be opened via your mobile within 5 minutes. Versa also allows you to start cash in with a low entry fee of only RM10 (As of March 2023), whereas the minimum amount for directly investing is RM10,000.

It is also very convenient to perform subsequent cash ins via the app. The Versa dashboard also provides you with an interactive view of your portfolio’s performance.