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Discount broker, 5paisa.com , today said its mobile application 5Paisa has reached 1 million users. Further, it claimed that it is the most downloaded and used application among discount brokers in India .
The company said that about 70 per cent of its customers are first-time investors and 90 per cent are under 40 years.“More than 80 per cent of its trading and investing happens through mobile app,” it said.
5paisa.com ’s customer base had grown by 650 per cent to 75,000 consumers in FY18.
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