5paisa.com launches multi-lingual stock markets app to help regional investors

Discount broker 5paisa.com launched multi-lingual stock markets app, as part of its efforts to provide opportunities to regional investors across the country.

5paisa.com offers the investing app in Hindi, Marathi and Guajarati besides English as of now, and will launch Tamil, Telugu, Kannada, Malayalam and Bengali versions soon to allow most Indians to have access to stock markets, mutual funds and other investment options irrespective of their language, the company said in a statement.

He, further, said almost 30 per cent of daily active users are already using language options other than English.

5paisa.com expects with availability of smartphones and of high-speed internet across India, the multi-lingual app will allow investors choose wisely instead of relying on spurious investing solutions provided many unscrupulous elements.

The company has over seven lakh active users and offers equity investing at zero brokerage, mutual funds, insurance, and loans among others on its platform.