DriveWealth and TrueMoney announced a partnership on 15 October to bring US-stock investing into the TrueMoney app in Thailand. The wallet has more than 30 million users, giving the service a large distribution audience without establishing how many have opened or funded a securities account.[1]
The offering supports fractional-share purchases from 30 baht and an optional stock-rewards feature, according to the announcement. Fractional investing lowers the cash needed to obtain exposure to a high-priced US share; it does not require the investor to buy a whole share.[1]
The companies behind the app experience
| Participant | Disclosed role |
|---|---|
| TrueMoney | Digital-wallet distribution and the existing app relationship.Source 1 |
| Webull Securities (Thailand) | The Thai SEC-licensed provider of the local securities investment service.Source 1 |
| DriveWealth | US brokerage infrastructure supporting market access.Source 1 |
The arrangement embeds investing in a familiar payment application while retaining separate businesses behind the securities service. The Thai customer-facing investment provider and the US-market infrastructure provider perform different parts of that chain.[1]
A 30-baht purchase threshold is an entry amount, not an all-in dealing-cost estimate. The announcement does not provide a complete FX and transaction-fee schedule or an observed conversion rate from wallet users to investors. Its measurable distribution claim is the existing wallet audience.[1]
For DriveWealth, the partnership adds another route into Thailand through an established consumer app. For TrueMoney, it extends the customer relationship from payments to investing, with Webull providing the local securities-service layer.[1]
Sources & further reading
- DriveWealth and TrueMoney to bring US stock investing to 30 million digital wallet users DriveWealth · 15 Oct 2026 · Accessed 30 Oct 2026