Bambu Acquires Trading Platform Provider Tradesocio

Fazzaco learned that Bambu, a leading global digital wealth technology provider for financial institutions, has announced its acquisition of Tradesocio, a WealthTech company specialising in investment management and trading technologies.

Through the acquisition, Tradesocio brings years of experience delivering and operating high-volume trading platforms across various asset classes. The acquisition puts Bambu in a unique position that will provide customers greater agency through broader system capabilities that go beyond the offerings of existing robo advisor platforms. In addition, Tradesocio's presence across EMEA and India, along with an existing portfolio of clients, is set to further Bambu's reach in a rapidly expanding and evolving global digital wealth market.

Tradesocio is run by UAE based CEO Wael Salem, formerly a senior executive at Retail FX brokers FXCC, FXCBS, and One Financial Markets. Its clients and partners have included FXCM, Saxo Bank, MetaQuotes, and Interactive Brokers.

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