VALUE OF TERM DEPOSITS USING CASHWERKZ PLATFORM REACHES $1.5 BILLION
- Cashwerkz platform reaches new $1.5 billion cash investment milestone for retail and institutional investors
- Cashwerkz platform welcomes new APRA-regulated ADI and wealth management partners to existing suite
- Sales, operations and development teams expand and plan to launch new ‘At-Call’ account product in response to continued growth
29 January 2019: Cashwerkz, the leading online platform in Australia uniquely designed for cash investing and wholly-owned by Trustees Australia Limited (ASX:TAU), today announces cash invested using its term deposit platform has reached $1.5 billion. The platform had previously reached in excess of $1 billion on 26 October 2018 - ahead of its end-of-October 2018 forecast of $900 million.
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