NDB Wealth being the largest private sector Asset Manager, renowned for its bespoke financial solutions tailored to individual investment needs, with over 350 billion assets under management has launched Xapp, a digital investment platform designed to enhance investment management with real-time access, greater control, and improved flexibility. By leveraging advanced technology, Xapp ensures seamless and efficient investing while maintaining the stability and security investors expect and enhancing investment opportunities to the masses
For years, wealth management at NDB Wealth has been built on strong, personalized relationships between Relationship Managers and clients. This trusted approach remains at the heart of our service, and with Xapp, we are enhancing this relationship by equipping investors with a powerful digital tool that complements expert guidance. The platform seamlessly integrates with our bespoke wealth management solutions, offering clients a more efficient way to track and manage their investments without compromising the personalized support they rely on.
The launch of Xapp aims to address a common challenge faced by many Sri Lankans—limited awareness of investment solutions that offer greater flexibility and returns beyond traditional savings options. While fixed deposits and conventional savings accounts remain popular choices, many may not be fully aware of smarter alternatives that provide enhanced financial growth opportunities. The launch of Xapp is part of NDB Wealth’s commitment to providing Sri Lankans with easier access to modern financial tools that go beyond traditional banking methods while reaching out to the masses. The app could be downloaded via a mobile phone, open an account and start investing from anywhere in the country. The Money Fund by NDB Wealth, which invests in government bonds, delivers significantly higher returns compared to fixed investments, offering a stable and secure path to financial growth and being able to withdraw anytime. By leveraging Xapp, investors can take advantage of these enhanced financial opportunities without the restrictions typically associated with traditional savings.
“NDB Wealth has always been committed to providing financial solutions that empower investors with accessibility and efficiency. The introduction of Xapp underscores this commitment, ensuring that all Sri Lankans have greater control over their investments with seamless digital access, real-time tracking, and the ability to make informed financial decisions.", said Ruwan Perera, Chief Executive Officer, NDB Wealth.
The platform eliminates unnecessary delays, giving users full visibility over their investments with real-time updates and instant notifications on market movements. Investors can seamlessly track portfolio performance, automate recurring investments, and access detailed financial insights to make informed decisions. Whether building a financial portfolio or looking for a flexible way to grow savings, Xapp ensures accessibility with a starting investment of just Rs. 5,000. Unlike fixed-term deposits, funds can be accessed at any time, offering both control and security, while its intuitive dashboard provides a comprehensive overview of assets and returns.
With this latest launch, NDB Wealth continues to position itself at the forefront of financial innovation, bridging the gap between traditional banking and modern investment solutions. Xapp is now available for download on the App Store and Google Play. For more information, contact 1360.
NDB Wealth is a fully owned subsidiary of National Development Bank PLC - one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group - which includes NDB Bank, NDB Capital Holdings Limited, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital Bangladesh has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.
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