GKFX Parent GKG Enters South Africa Acquiring Maru

GKFX and GKPro parent company Global Kapital Group (GKG) announced that its KIG BV unit in the Netherlands has acquired Maru Asset Managers, a South Africa-based financial service provider.

Maru is licensed by the Financial Sector Conduct Authority (FSCA). With this acquisition, the Group has entered the lucrative South African market, the second-largest economy of Africa. The Group can provide intermediary services for shares, money market instruments, debentures and securitized debt, warrants, certificates, and other instruments to South African investors.

 ‘We are very excited about expanding our global presence to South Africa. The country’s fast-growing population and local market presence represent an important opportunity for us. South Africa is also the major financial centre for the African continent, which will provide potential access to an increased customer base.’ Gökhan Erkıralp, KIG BV CEO, says. ‘KIG BV aims to build a stronger, more innovative, and inclusive approach to international financial markets. We have already stepped into Africa with the GK Trade International in Mauritius and today’s acquisition builds on that. Our group will continue its expansion to increase its global reach and products.’