MultiBank Group's Q3 2023 Financials Break All Previous Records

MultiBank Group, the world's leading online financial derivatives broker, has reported its financial results for the third quarter of 2023, showing a record-breaking performance during this period.

The Group has generated revenue of US$ 112,365,577 in Q3 2023, with a trading turnover of US$3 trillion, fueled by the company's continued growth and expansion.

In addition, MultiBank Group has released its audited full-year 2022 financial results. The annual revenue enjoyed an increase of 48 percent, from US$ 188,636,721 in 2021 to US$ 279,523,140 in 2022. the net income came in at US$ 180,013,709, 35 percent higher over US$ 132,937,545 in 2021.

In July, Fazzaco reported that that MultiBank Group's newly established European subsidiary, MEX Europe Ltd, has been granted a license​ by the Cyprus Securities and Exchange Commission (CySEC) to operate in the region. Furthermore, the Group plans to go public this year.