Moomoo announces the establishing of the Moomoo Foundation

PRNewswireMarch 29, 20244 min

Moomoo, the intuitiveĀ investment and trading platformĀ is thrilled to announce that it has established Moomoo Foundation, a foundation dedicated to furthering moomoo’s commitment to advancing financial literacy, promoting economic egalitarianism, and nurturing technological innovation among burgeoning fintech startups that share Moomoo Foundation’s ideals.

Moomoo Foundation’s inaugural financial literacy initiative will be held onĀ April 1, 2024. Moomoo Foundation andĀ New York University’sĀ Economics Society will host the “Invest your financial feature with moomoo” atĀ NYU’sĀ Leslie e-Lab.

Justin Zacks, VP of Strategy at Moomoo Technologies Inc, will spearhead this effort to boost financial literacy of college students and inspire them to proactively shape their financial future with a presentation titled “Getting Started in Stock Trading as a College Student”.

“We are mindful of the challenges confronted by novice investors, such as university students who may have limited resources. We believe moomoo’s unique features, includingĀ Paper TradingĀ andĀ Fractional Shares, can help them test their strategies and increase their investment confidence,” said Zacks.

“Paper Trading enables users to hone their strategies risk-free, simulating real market conditions, while Fractional Shares allows for investment with funds in smaller sizes, making financial markets more accessible to those with modest budgets,” Zacks added.

Since its inception, moomoo has been committed to financial inclusion and has empowered retail investors of all kinds, irrespective of ethnicity, age or gender, with the tools they need to make informed investment decisions.

“The backing of the Moomoo Foundation enables us to amplify our influence and extend our expertise as we continue on this journey,” saidĀ Patrick Kelly, Director at Moomoo Foundation. “We will initiate more foundational programs to support financial literacy and entrepreneurship in the finance and technology fields.

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