Finvasia Expands Presence with Acquisition of ZuluTrade

Fazzaco learned that Finvasia Group, a fast growing FinTech company, has announced the acquisition of ZuluTrade, a leading multi-broker, social and copy trading platform, to increase its share in the investment market.

In addition to ZuluTrade, the acquisition deal includes AAAFx, which holds a portfolio management license from HCMC and is the default broker for the services of ZuluTrade.

This transaction is expected to expand Finvasia's presence across Europe, North America and the Middle East. The company is making various organic and inorganic attempts to expand offerings for its retail and institutional investor base.

"At Finvasia, we value creativity and innovation. Our goal is to create an ecosystem that supports the financial needs of an individual across investing, saving, spending and lending." Tajinder Singh, Co-Founder and CEO at Finvasia, said. "Adding ZuluTrade to our suite of offerings is another step in creating a wholesome ecosystem that will broaden our technological offerings across institutional and retail investors."

Let' s recall that, in July this year, Finvasia Group has announced the acquisition of ActTrader Technologies, formerly known as ActForex. Prior to this, the Group announced in June its acquisition of CySEC-regulated broker Fxview​, a brand of Cyprus investment firm Charlgate Ltd.